There are a total of 23 actively managed midcap mutual funds available for investment today. Out of these, 20 are older than five years. This article evaluates how these midcap mutual funds have fared against the Nifty Midcap 150 Total Returns Index. We identify four midcap mutual funds that have outperformed the index consistently. We…
Continue reading →Ramesh asks, “Dear Pattu Sir, I have invested in ICICI Prudential Nifty Next 50 Index Fund Direct Plan via SIP since 2019. I recently read your post in Asan Ideas for Wealth (a Facebook group) that Value Research (VR) has rated this fund one-star. Can you please explain why this is so? Should I continue…
Continue reading →In the previous article, Anil explained how he achieved financial independence without mutual funds or stocks by building a 70X portfolio in fixed income ((where X is the annual expense that will persist in retirement). In this sequel, he discusses how he wishes to invest in the future, lessons he learnt about financial independence and…
Continue reading →Is it possible to achieve financial independence without investing in equity? Yes! In this edition of the reader audit (part one of two), Anil explains how he did it. In March 2020, I received an interesting comment from a reader in response to The Financial Arrow of Time (an account of how I wasted money…
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 →In this edition of the reader audit, we meet a 34-year-old with a family of six. He describes his mistakes over the last ten years and lessons learned from them in a candid essay. We feel proud and blessed that readers come forward to generously share details about their financial life to help and inspire…
Continue reading →I started an Rs. 500 SIP in Sundaram Midcap Fund (then known as Sundaram Select Midcap) for an extended family member higher education in Aug 2009. Here are some lessons on investment risk and reward from the investment. Kindly note that I do not count this investment as part of my net worth and have…
Continue reading →This is a passive 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 →The Sensex closed past 55,000 on Aug 13th for the first time, and usual trumpets from mutual fund guys blared, “stay invested! The stock market always moves up in the long term”. In this article, we present rolling SIP returns data for the Sensex (1979 to 2021) and the S&P 500 (1900 to 2021) to…
Continue reading →SBI Balanced Advantage Fund is an open-ended dynamic asset allocation fund benchmarked to the CRISIL Hybrid 50+50 – Moderate Index TRI. In this review, we discuss what investors need to know before considering an investment in this NFO. A balanced advantage fund is one that dynamically changes its asset allocation as per market conditions. There…
Continue reading →In this edition of the reader audit, we consider the financial journey of a 31-year-old software engineer (who prefers anonymity). This is how he moved from bank deposits to goal-based investing with mutual funds. We feel proud and blessed that readers come forward to generously share details about their financial life to help and inspire…
Continue reading →In this article, let us discuss a question received from a reader: My financial goal is my child’s higher education. I’ve 6 yrs for that. What should be my investment strategy? Let us assume that the reader has practically nothing saved up for this goal and that she has little experience investing in market-related products (mutual…
Continue reading →I often get emails from readers who wish to achieve financial independence as soon as possible and retire early from their salaried jobs. The first question I ask is, “why do you seek early retirement?” Some people offer a crisp, clear response: “I have always wanted to pursue my passion in the fine arts; I…
Continue reading →A reader asks, “Had watched many of your videos on asset allocation. I have a question in mind for which maybe I don’t have proper data to back it up. Example: In my case, let’s says I started investing at the age of 26-27and. I have saved enough money for short term goals.” “All my…
Continue reading →This is my monthly retirement stock portfolio analysis compared with an equivalent investment in a Nifty index fund and the Nifty 100 Low Volatility 30 TR index. Before we begin, investors need to appreciate the context of these investments. I started direct equity investing only after achieving a comfortable level of financial independence and ensuring…
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