Are there too many schemes in the mutual fund industry? Well it can be argued till the cows come home. Value fund, growth fund, large cap, mid cap, mid and small cap, large cap value, mid cap value, large cap growth, opportunities fund, special situations, price-earning ratio fund, equity biased balanced fund, debt heavy balanced […]
Many good fund managers are beating the Sensex and the Nifty by a long margin. I am also seeing many individuals (yes the kind of people I meet is skewed) beating the index, and many times by a big margin. This is also because when I see my own portfolio (or my families portfolio) there […]
I had to do this column. Not because ulips are God’s gift to mankind, but unit linked insurance plan that I bought (circa 2004, much before the media decided that ulips are bad). I bought unit linked insurance (and continue to own them) from Hdfc Standard Life Insurance company. Here are the details for the […]
Too many blogs, too many columns, too many writers. Very little actionable ideas. Too many theories. Too much of cut paste. Let us look at one of them today. It is not the timing, but the time spent in the market that is important. Is it true? Yes of course. Is it true always and […]
“The government issues a half baked scheme and expects people to buy it?” This is exactly what a person who had a choice told me. He was talking about the NPS. Many people have hailed it as a great scheme. I have serious misgivings. The debt instruments that the NPS buys are not indexed. So […]
I get a lot of mails saying – investing does not work, trading is fun, ‘i made Rs. 124,000 in trading’ etc. Frankly I do not know how to react. Let me share with you what has worked for my family’s portfolio. Very broadly this portfolio has been a Value portfolio. There are shares acquired […]
For somebody who has spent a long time watching the mutual fund industry I am not sure whether it is going to be a case of “I knew this will happen” or even worse ‘I told you so’…. How does a fund scheme get launched – rather why? Simply because the sales force has never […]