I am glad to inform you that I have joined Zerodha
@zerodhaonline
. Will continue to focus on Personal Finance contributing to
@ZerodhaVarsity
, an educational platform.
I will be working with
@karthikrangappa
, who meticulously created Zerodha Varsity, and other team members. ✌🏼
#BerkshireHathawayAGM2024
!
My first time to Berkshire Hathaway AGM at Omaha and what a day it was! Watching Warren Buffett on stage talking about investing and life in general, will be unforgettable.
A few mutual funds started using covered call option strategy, especially, in the last 1 year to generate additional income-in the sideways market - by collecting option premium.If the call goes wrong,there could be a huge opportunity loss
@ActusDei
How well do you know the fund managers you invest with? Beyond performance & risk ratios, there's more: their core investment philosophies & personal beliefs. This, we want to bring out in our 'Know Your Fund Manager' series.
Here with PPFAS's
@RajeevThakkar
@ZerodhaVarsity
Here's how
@bala_vidya
of
@primeinvestorin
manages her personal finances. Though direct stock investing is her favourite way to invest, mutual fund investments have become a larger part of her portfolio now because of disciplined investing via SIP.
@ActusDei
In this video, Vishal Jain, CEO of the recently launched Zerodha Fund House, shared his journey as a passive fund manager, the current landscape of index funds and ETFs in India and his vision for the AMC.
@karthikrangappa
@ZerodhaVarsity
ESOPs are the most common way of incentivising employees to retain them. But its not the only way.We look at 4 types of employee share based payments-ESOPs,Employee Stock Purchase Scheme,Stock Appreciation Rights & Sweat Equity Shares -& how they differ frm each other
@ActusDei
On the International Women's Day, we asked Neil Parikh of
@PPFAS
about his mother, the money lessons he learnt from his parents and the advice he would want to pass on to the next generation
@npparikh6
@ActusDei
Full story -
Here, we compile some of the international funds that have resumed or most likely to open subscriptions for fresh investments- as per the info,we have until yesterday EOD - No change in Motilal Oswal's and Axis's global funds that were earlier closed for fresh inflows.
@ActusDei
When I was prepping to interview
@npparikh6
for the above story, I came across a hand-written note by Parag Parikh on facing fears from the book 'Timeless' authored by Joydeep Ghosh.
This internal dialogue with himself is truly timeless and inspiring.
Fund of funds investing in the ETFs abroad that are still open for investments.Units of ETFs investing internationally are also available in the secondary market;check for premium (scarcity premium)to the prevailing NAV as additional units are not being created by AMCs
@ActusDei
Renu Maheshwari is the 1st individual registered investment adviser in Tamil Nadu and she belives that one should get an advisor as soon as one starts to earn,howmuch ever it is."Mistakes at investing could be much more expensive than the fee you pay to an advisor."
@ActusDei
The avg maturity profile of most debt funds has come down now,compared to April 2020, on the back of anticipated rate hike.There's increased exposure to G-secs as well due to lower spreads.Nevertheless, investors in debt funds must brace for higher vol going ahead.
@ActusDei
Our annual Mint asset quilt is back! It shows how assets rotate in and out of fashion and hence, why asset allocation matters. Btw 2022 was great for gold (huh, who would have thought). Compiled by
@SatyaSontanam
Focused funds,which invest in a max of 30 stocks,are believed to provide small investors the benefits similar to investing in PMS. Here, we look at how focused funds fare against flexi-cap funds with diversified portfolios & PMSes following the multi-cap strategy.
@ActusDei
@KalpenParekh
Just started reading. Can't resist posting this
Whose idea is this to start the report with this beautiful narration! Wonderful. This is one of my favourite scenes from the show.
When investing in passive funds, tracking error is an important metric to check.Sebi's new rules on passive funds say that tracking error and tracking difference are to be disclosed in the monthly factsheet and also specified limits that AMCs can't breach
@ActusDei
Are you an NRI planning to retire in India or someone who returned to India for retirement? Share how you build your retirement corpus and estimate your expenses in India vs abroad. This is for a story for Mint. DM or mail me at satya.sontanam
@livemint
.com
@ActusDei
Dividend-yielding stocks may provide good downside protection during volatile/bear market.But depending on dividend paying stocks for regular income may not be a good idea for small investors as dividend yields in India are low.
@ActusDei
Thanks a lot for sharing, Neil.
This story certainly tops the list of interesting pieces I worked on during my stint with Mint. All credits to your idea to explore this topic.
As we wait for the budget, here's a fascinating history of capital gains tax. It was compiled with painstaking research by
@SatyaSontanam
when she was with Mint. I'm reposting it for convenience.
Have you ever taken a career break or a sabbatical?If yes,how did you manage your personal finances during that period?
I'd appreciate your inputs on the subject.This is for a story for Mint. You can reach out to me at satya.sontanam
@livemint
.com or just DM me here.
@ActusDei
My experience on a visit to one of the underground mines of Hindustan Zinc near Udaipur, Rajasthan
@businessline
Journey to the centre of the earth in an SUV
Our brains are wired to avoid tasks that seem too difficult. Retirement planning falls neatly in this category.
There are numerous assumptions. When we finally use retirement calculators, the numbers that run into crores leave us stunned.
(1/2)
Jinesh Gopani,head of equities,Axis Mutual Fund,said that he will never try to time the market both for his personal investments and while managing funds at the AMC. As he invests mostly in Axis MF schemes,his personal eq portfolio too reflects growth investment style
@ActusDei
NISM renews accreditation of Certified Financial Planner Certification in India.This will be valid from 1 March 2022 to 28 February 2024; eligible to be renewed every 2 years, subject to monitoring and approval by NISM.
@ActusDei
"
#Petrol
and
#diesel
prices in India are at their highest ever. And are showing no signs of easing. Here's what is propelling the fuels."-
@anandg_kalyang
Low vol indices offered good downside protection when markets fell compared to other benchmark indices. Expert views on investing in these funds have been mixed;some suggest pairing it with another strategy such as momentum investing
@ActusDei
Investing in small caps can be rewarding, but it also comes with high risks and volatility.Staying the course by putting emotions aside is not easy.If you have such experiences - good or bad,DM me to share your investing journey. This is for a story we want to explore.
@ActusDei
Bob Farrell’s 3 stages of a bear market indicate that a rebound post a sharp correction may not be end of the market sell-off & bear markets could last fr long-term.
@qedcap
spotted these phases in some of the past bear markets in India.
@anishteli
@ActusDei
NRIs buy property in India for various reasons. For many, owning a property in the country also means having an emotional connect with their homeland.We spoke to 4 NRIs to understand why they invested in Indian property and how their experience has been so far.
@ActusDei
All taxpayers including salaried, corporates & firms expect tax concessions frm the Budget every year. Tax revenue foregone by the govt due to any incentives given in the past wil be presented as a statement. Here's a snapshot of such recent statemnt
@vardhiniritesh
@lokeshwarri
How much do you need for your retirement?
Here’s a quick reference table (Audio on) on how much you need to save for your silver years based on your current age and lifestyle.
The table also has the monthly investment req to build that corpus by the age 60.
@ZerodhaVarsity
My dream, at least what I think about most, is for my parents to stay healthy and for my work to make a difference, even if it's just a bit, in promoting financial literacy in the country.
Thank you so much for requesting help at the right time
@ianhathaway12
🙏This is for my brother. He is getting treatment. Please keep him in your prayers, everybody. I strongly believe in well wishes and positive energy at this moment.
If you are looking for a comprehensive understanding of
#InvITs
as an investment product, I encourage you to check out this podcast. We invited Meghana Pandit, Chief Investment Officer, IndiGrid InvIT, to tell us everything we need to know about InvITs.
It was very informative moderating a session on the Indian stock market valuations with some of the valued experts in the industry.
I filled in for
@ActusDei
Momentum & alpha indices are made up of stocks that have done well in the past.
@CalmInvestor
@vishdhawan
@anishteli
share their views on investing in funds based on these indices. Liquidity is imp in case of ETFs
@ActusDei
Returns as on Feb 28,2022.
@nikhilkamathcio
shared his portfolio details for the special annual Mint series, which started in 2020. The series try to understand how respondents’ investments have fared, the changes made to their portfolios, and the investment lessons they have for investors.
@ActusDei
“It is true that derivatives can be
used to speculate,to leverage & to
blow up...it is also true
they can be used to hedge & manage risk.Just like a kitchen
knife can be used to stab ppl and
also be used to cut fruits and veg, derivatives can also have multi-
ple uses”
Do you trade in the cash market (take delivery of stocks)? If so, how has your experience been? We'd like to talk to you about it for a Mint story.
You can reach me via email at satya.sontanam
@livemint
.com or just DM me here.
@ActusDei
HDFC MF aims to reduce the dependency on an individual fund manager and is keen to adopt an institutional framework,as learnt from reliable source. Here,we
@ActusDei
looked at performance of a few
funds Jain & Setalvad managed in various market cycles.
Disclosing foreign assets and income in the ITR is not a piece of cake
1. Follow calendar year 2022 to disclose foreign assets but stick to financial year April 22 to March 23 to tax foreign income
2.Even if the asset in held for one day in the year 2022, it has to be reported
Saurabh Mukherjea of
@MarcellusInvest
shares his views with us on the PMS industry & how should one go about selecting a PMS manager and assessing performance.He believes 2020 PMS regulations have standardised disclosures & aided industry growth
@ActusDei
2018 was an eventful year for
#Aadhaar
, in which, after a lot of hustle and bustle, it was reckoned as constitutionally valid by the
#SupremeCourt
. Here's taking stock of its progress
@businessline
Sankaran Naren, the chief investment officer at
@ICICIPruMF
that manages funds more than Rs 7 lakh crore, is known for his contrarian style of investing.
The fund house’s investment approach revolves around the belief that markets and sectors move in cycles and that these
How does Rajeev Thakkar of
@PPFAS
invest his own money? Overwhelmingly in equity. His equity portfolio is two-thirds in the unlisted holding co of the AMC and one-third in PPFAS Schemes (almost entirely Flexicap). His return in the past year is 13% (excluding the unlisted shares)
@NileshShah68
@ActusDei
Hi Nilesh,
Agree,Kotak BAF is one of the largest funds in the category.But hasn't completed 5 yrs.We selected funds with higher AUM & track record of more than 5 yrs with one exception (SBI MF,on account of its size)
Kotak BAF will be very much part of our analysis from next yr.
Lately, some traders in the options market have burnt their hands due to the rules on physical settlement of shares.We write on how the ‘right’ of the option buyer to buy or sell has now become the ‘liability’ to take/give delivery of the shares.
@ActusDei
#SPAC
Recent news reports suggest that SEBI has formed a group of experts to examine the feasibility of introducing SPAC-like structures in India. A report from Evalueserve provided an overview of SPAC globally in 2020.Some imp trends here
@vardhiniritesh
@kumarsroy
@lokeshwarri
Buying a property in India has been one of the preferred investment options for NRIs. If you are an NRI with such investment or planning to buy one, and would like to share your experience, please DM me. Or you can write to me at satya.sontanam
@livemint
.com. Thanks.
@ActusDei
No change in the overseas investment limit. Parag Parikh Flexi Cap Fund will accept new registrations from March 15, 2022 to keep funds available to invest abroad when limits rise. Thus, fresh net inflows will be invested in India, weightage of foreign stocks comes down
"Generally, one third of the portfolio does very well(and I try not to get too excited about that) and one third doesn't go anywhere(and I try not to lose sleep about that). ..I realised to look at portfolio in totality rather than looking at specific stocks."
How does Saurabh Mukherjea invest his own money? 90% equity, some FDs and no gold. He says he's never sold stocks in his life. Article by
@SatyaSontanam
#personalfinance
Using our long experience in the market,
Identifying the quality of the management/fund manager has been at the center of the investment philosophy for
@JstInvestments
Here i write for the Hindu Business-line about how to identify the quality of the fund manager!
Are you from a non-financial background trying to understand the financial statements of a company.
Here, we explained how to read one of the important parts of financial statements, the statement of profit and loss.
#expenses
#revenue
@businessline
Planning to buy a house?
You already own a house? You inherited a house property? Want to sell your house?
Tax implications in all such scenarios are explained here
@lokeshwarri
@businessline
#incometax
#home
Own a home? Know your taxes
Shares on which dividend is unclaimed for >7 years will be transferred to the education and protection fund, after which shares get debited from demat account,voting rights will be frozen,& further div will be credited to fund until claimed back
@ActusDei
@ActusDei
@Amit09Gupta
@nk_ratnoo
Hi Amit,
Multi asset funds that have provision to invest in international equity include scheme from Nippon India, Motilal Oswal, ABSL, WhiteOak and SBI.
On asking what prompted him to get into the financial planning space,he said it was when he realised that the money he needed to save to meet his financial goal was more than what he was earning.Journey of
@LovaiiNavlakhi
as financial adviser for more than 2 decades
@ActusDei
Is land (including agricultural land) a good investment in India? We would like to hear about your experience and key learnings. This is for a story for Mint. DM or mail me at satya.sontanam
@livemint
.com. Thank you.
@ActusDei
ICICI MF's new NFO-Metal & Energy Equity FoF gives exposure to global cos in gold mining and oil & gas sector.The idea is to hedge against decline in INR due to spike in prices of 2 most imported commodities-oil and gold. Here's what experts say
@ActusDei
With TCS announcing a buyback offer, many new investors might wonder its implication on their investments. We thought it's a good time to talk about how but back offers work in India and what it means to investors.
@ActusDei
In this week's fund call -
@anandg_kalyang
explains why Parag Parikh Flexi Cap delivered a standout performance in 2020 compared to its benchmark and most of the funds in its category.
Parag Parikh Flexi Cap Fund: Proving its mettle:
SEBI's ceiling on exposure to covered calls by MFs could limit material gains or losses from this strategy to the overall return
@KirtanShahCFP
.
Here's an interesting comment by Rajeev Thakkar, CIO,
PPFAS MF,when the fund
house enabled the covered call strat-
egy in Oct 2020
Active Debt Funds are better placed over Passive Debt Funds right now! A 🧵
It’s a misconception amongst investors that because passive is cheaper, the answer to all their requirements is Passive, not really!
Do re-tweet this 🧵 & help us educate more investors (1/26)
"Going deeper into any subject makes you introspective," shared
@BhallaManaswini
, an Associate Professor of Economics from
@iimbangalore
Couldn't agree more.Working in finance—reading and thinking about it—made me appreciate more about how interrelated economics & finance are.
Given that bond market has priced in the rate hike by RBI to a large extent,& the roll down strategy the Target Maturity Funds follow,experts say investors who can stay invested till maturity can invest in TMFs, which are also tax-efficient
@ActusDei
Happy surprise abroad!
@oraunak
It was a pleasure running into you.
@safalniveshak
How I wish there was more time to converse and properly introduce myself to you. 🙏
I am Satya from
@ZerodhaVarsity
, a platform for stock market & personal finance education in simple language.
Amidst the current IPO frenzy, we looked at the IPOs listed in 2007, to note the stock returns. Surprising to see 48% of those companies are either delisted/suspended or under surveillance on the exchange.
@vardhiniritesh
@_HarryVish
@srirags
@lokeshwarri
Here, I explained the changes in new accounting standard,
#IndAS116
,
#Leases
.
Now, there's no disparity between operating leases and financial leases. Airlines, Technology and Telecom are the sectors which will be highly impacted.
@businessline