Mutual fund NAV risk is measured using the standard deviation. This can be thought of as the average deviation of a monthly return from the average monthly return. Higher the value, the higher the risk. Unfortunately, this is not an intuitive number like the return. So this begs the question, is it possible to classify…
Continue reading →The cost inflation index for the financial year 2022-2023 was recently announced. We compile 41 years of cost inflation index data to understand the devastating consequences of inflation and why our singular focus should be on beating inflation for our long term goals. The cost inflation index (CII) is not a measure of true price…
Continue reading →This is a debt mutual fund screener for fund selection, fund portfolio tracking and learning. It also includes hybrid funds that invest in bonds. It will satisfy investors who wish to invest in money market funds, banking and PSU funds etc. The credit quality of the bonds in the portfolio and the bond maturity profile…
Continue reading →As a follow-up to our detailed guide on How to enter mutual fund and share capital gains in ITR2 (or ITR3), we now present two examples of how to use mutual fund capital gains statement for LTCG and STCG entries in ITR. Salaried taxpayers should use ITR2 if they have capital gains to report. Businessmen…
Continue reading →In this step-by-step guide, we shall discuss how to enter capital gains from mutual funds or shares in ITR2 or ITR3. Salaried taxpayers must use ITR2 if they have any capital gains to declare. Businessmen and professionals must ITR3 for the same purpose. The capital gains schedule and filing procedures are identical in ITR2 and…
Continue reading →In this article, SEBI registered fee-only advisor Swapnil Kendhe discusses if passive investing aka index investing is suitable over the next 20-30 years in India. About the author: Swapnil is a SEBI Registered Investment Advisor and part of my fee-only financial planners’ list. You can learn more about him and his service via his website,…
Continue reading →When we select a mutual fund there are two implicit questions we would like answered. (1) How risky is this fund? (20 How risky is this fund relative to other funds? The mutual fund riskometer is supposed to give us a quick idea about this. Unfortunately, the riskometer has evolved into a cumbersome and unhelpful…
Continue reading →In this edition of the fund performance report, we look at SBI Equity Hybrid Fund. Launched in Dec 1995, the scheme has assets worth Rs. 50,266 Crores which is the largest among actively managed equity funds. Only SBI LIquid Fund, HDFC Liquid, SBI ETF Nifty and SBI ETF Sensex have higher AUMs as of May…
Continue reading →A reader on our Youtube Q & A session asked, ” Hi, First of all, congratulations on providing a platform for people to ask questions. Usecase: Let’s say I have a sum of 10 lacs to invest in the market for the long term(10+ years) for wealth maximization. I plan to park this money into…
Continue reading →This is an index fund screener based on tracking error and return difference wrt benchmarks. The screener will help a user evaluate how efficiently an index fund has tracked its underlying benchmark. It will also help a understand how tracking a midcap index or the Nifty 100, 500 is quite different from tracking the Sensex…
Continue reading →In this edition of the reader story, we have a father and son combination sharing the journey of how the son followed his passion and bagged his dream job. They both prefer anonymity. About this series: We all appreciate the importance of a higher income but increasing our income is not easy. It requires time, effort,…
Continue reading →A reader on our Youtube Q & A session asked, “Sir, my question is as follows: My age is 25 years. I have started sips in MFs since Oct 2021. I don’t have time to analyse stocks ( i have a 13-14 hrs job). I am now sitting on a significant loss. My corpus goal: 2…
Continue reading →In this article, SEBI registered investment advisor, Sriram Jayaram discusses 11 investment mistakes young earners and anyone new to personal money management should avoid. About the author: Sriram Jayaraman is a SEBI registered fee-only Investment adviser. After 27 years of working in large IT companies in India, he achieved financial independence and retired early to become…
Continue reading →While preparing this month’s equity mutual fund screener, something caught our eye. ICICI Prudential Equity & Debt Fund gained 19.8% over the last year (trailing 1Y return) compared to only a 6.2% gain by Nifty 100 TRI (as of 3rd June 2022). So we dig deeper and find out how consistently the Fund has performed…
Continue reading →Many young investors in mutual funds suffer from a problem that needs urgent attention: they are constantly seeking motivation to continue their investments in mutual funds. A discussion on why they need to get real and get over this to build wealth. So what is the problem? Articles such as these: Does long-term equity SIP…
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