I was talking to the CXO of a mutual fund and he was telling me that it is performance of a fund scheme which should matter and not the size of the fund. Nice spin. So I turned him to another topic…and then another. Then I came to him about measuring IFA performance. He was […]
Ridham Desai was the second speaker at the Morningstar India Conference on 11 Oct, 2017 at Grand Hyatt, Kalina and as expected spoke well. Some take aways… caveat: Rakesh Jhunjhunwala, Ridham Desai, Ramdeo Aggarwal, ….are the perma bulls of India. Naren, PJ, …also are bullish more than bearish..and all are equity oriented in their personal […]
I normally like to reach a conference an hour before the kick off. But thanks to amazingly bad routing by Uber, I reached half an hour before time! The first speaker was Anthony Serhan – and one key takeaway was that India was in the top (with USA) regarding legislation and disclosure. Must actually thank […]
Along with Arundhati, Chanda, Adag, ….add one more smart person. NaMO. He has also seen that the market is high and has decided to sell a lot of his ‘ghar ka maal’. So a PSU etf is here. Wait a minute it also has shares of Axis bank, Larsen and Toubro, and ITC. How these […]
Judge a Journalist by the car he drives and the house in which he lives. So when you see journos with net worth of Rs. 200 crores (and there are a few of them) you wonder how did the wealth come. In the financial services industry the compensation at the top is just awesome. One […]
When I am asked to pick up ‘best funds’ I am scared. Why ? Simply because I cannot write ‘best fund of the past month’ or ‘past 6 months’ – I just do not know how to do that. Such searches have to be numbers driven and I hate a numbers driven approach to selecting […]
Say you are an employee earning Rs. 1 crore and Rs. 2L is going to your EPF account, now you have a choice of putting more in EPF or starting an NPS account which one should you choose? Well, it depends! Let us assume you have a Rs. 5 crore equity portfolio and a Rs. […]