Chennai-based
@PRSundar64
who is one of India's largest social media influencer on options, says investors should not get carried away by stories of people making it big just through trading. Study your strengths, psychology, decide if you have the risk-appetite for it, he says.
#UTI
Mastershare - India's oldest equity
#mutualfund
- has delivered 15% annualised returns over 36 years. But investor returns not always mimic fund returns. A recent study found significant gaps between investor returns and fund returns, story by me and
@ActusDei
@livemint
1/5
Anchored this spl page, mined holdings of star investors to find what is making them tick. Is it safe for retail investors to mimic them.
@RakJhun
, retail mogul RK Damani, Yogi investor
@vijaykedia1
, Enam scion Akash, sweet-toothed Goel, others featured
Malgudi Days is something that lot of us like, following Swami and friends on different adventures. Now, same bunch of friends want to teach your kids ABCs of finance.
@ZerodhaVarsity
has launched Varsity Junior to teach financial lessons to 8-year-olds and above.
#SIP
closure ratio jumps to 70% in
#March
, highest in FY20. For every 3 new SIPs, atleast 2 requests for stopping.
#mutualfund
investors concerned with
#Coronavirus
#lockdown
impacting monthly income. sentiments also down as
#market
sell-off has put heavy dent on 5-6 yr returns
While talking to us,
@PRSundar64
shares his own journey on getting into stock markets from teaching in school, first accumulating a large capital to venture into options, growing his business with multiple income streams & why he shares his lifestyle pics.
.
@VijayKedia1
has a strong message (video clip 👇) for retail investors - run far away from wannabe market gurus on social media. How he navigates wild west world of mid-, small- & micro-caps & his own portfolio.
@sashindnj
& me have the story. .
"If you keep upgrading your lifestyle, no amount of money is sufficient to retire." - Rajeev Thakkar, CIO, PPFAS Mutual Fund.
Link to Episode 4 of Guru Portfolios here 👇
#7amMoneyMusings
SBI Mutual Fund -- the country's largest fund house -- has just launched a dividend yield fund (DYF). Globally, a much larger category -- Vanguard High Dividend Yield ETF has AUM of $50 billion (Rs 4 trillion) -- in India there are 8 DYFs with combined AUM of Rs 10,414 crore.
Bharat Shah, ED of ASK Group, has 3 decades of experience in stock markets. He has seen it all, 2001 dotcom bubble, 2008 financial crisis and recently Covid-19 pandemic. But now more than ever, he feels India's time has come to shine on the global stage. 1/4
@livemint
@ActusDei
#mutualfunds
exposure to
#Adani
group stood at Rs 25,000 crore as of Dec 31. Barring recent acquisitions Ambuja & ACC, Adani Ports to some extent, exposure largely in passives, arbitrage & equity savings, where equities used partially for hedging. story -
Planning to send money abroad. You can use RBI's LRS facility upto $250,000 per financial year. But it's not so straightforward. Here are dos and donts you should know.
Story link
.
@quantmutual
schemes have come under heavy pressure due to their active equity exposure to
#Adani
group. Since short-seller Hindenburg report on Jan 24, its schemes dropped 2%-9%. Now, quant MF has exited Adani group, says sources.
@ActusDei
& me report -
🧵Back in 2016, when
@smallcaseHQ
was set-up, it started its own products team to offer different smallcases. Over the years, more than 150 smallcase managers have mushroomed and are experimenting with bunch of new ideas.
@livemint
@ActusDei
In 2019, Ameet Desai, ex-Adani Group CFO, started his entrepreneurial journey with
#AIF
. It manages Rs 200 crore AUM. Desai also helped set-up
#Adani
family office. But Adani stocks don't fit in his AIF's investment model. Interview with me and
@ActusDei
Newborn baby can invest in
#mutualfunds
with parent's bank account, but needs own account for redemption. Minor demat can't buy stocks, can get as gift, bid in IPO. Birth certificate essential to get PAN/Aadhar. Here is how a baby can start investing.
Renting a house in Bengaluru - upto ₹2.5 lakh in deposit. In Mumbai, deposits are less, but rents much higher. Through co-living, young professionals are looking to save on costs, get furnished housing, maintenance, opportunity to network. 1/2
Wealth for
@vineetasng
(
@trySUGAR
) is freedom - to take risks, follow dreams, bet on someone else's dream. She began to invest in startups just a couple of years back through
@SharkTankIndia_
. She says funding winter outside of Shark Tank helped to get good deals on season 2. 1/2
From a Marwari middle-class household to setting-up a fund house to manage retail money. Here is how former Goldman Sachs fund manager, Prashant Khemka returned to Rs 40 trillion Indian
#mutualfund
industry. Also, how he invests his own money.
@ActusDei
#SEBI
finds IIFL group dealer and his friend guilty of front-running, imposes 5-year ban. Mule account holders also barred for 2 years from securities markets for facilitating the fraud by lending their accounts.
@moneycontrolcom
@kayezad
It is good to hear positive feedback, but nothing compares to when Finance Minister of the country praises your team. Thanks FM
@FinMinIndia
@nsitharamanoffc
for those encouraging words at
#MintIIS2024
Proud to be part of
@livemint
's personal finance (MintMoney) team with
One common past. Two different economies. Two different currencies. Two different ETFs. Here is how largest
#India
#ETF
significantly outperformed
#Pakistan
ETF over the years. Read more in our paywall exclusive story
@livemint
@ActusDei
From pottery-to-yoga: Young professionals want to find time to pursue their passions. With new skill-based gigs emerging, these side-hustles are also a smart way to diversify one's income stream.
@ActusDei
Story link -
.
@iRadhikaGupta
of
@EdelweissMF
has already started to invest for her baby to give him the benefit of long-term compounding. 75% of her allocation is in her own AMC's schemes. Comfort is most important for her when weighing other AMC's schemes. Story link
Assets managed under
#ESG
funds in India are around Rs 10,800 crore. The AUM jumped by 3.85-times in last 2 years.
#Mutualfunds
assess companies on their ESG performance, as well use external ratings, but herein there are differences 1/5
@livemint
@ActusDei
WATCH our interaction with Rajeev Thakkar, chief investment officer of
@PPFAS
on what helped him becoming financially independent
Watch out for more such interactions in run-up to Independence Day
@moneycontrolcom
@kayezad
@Preeti__Kul
Raj Rayon went from 20 paise/share 5 years back to Rs 42 share - 19,000% returns. But 42% of penny stocks with high holding of retail investors, were suspended or put under surveillance with restricted trading or removed from exchanges 1/3
@ActusDei
@livemint
🧵Contrarian investing is not an easy task. S Naren, chief investment officer of
@ICICIPruMF
, country's 2nd largest mutual fund says with experience he has learnt how to tune-out noise & negative news flow that usually come with contrarian calls on a sector, theme or a stock.
Bharat Shah quit Asian Paints in 90s & began his investing journey. Yesterday, we shared his outlook on economy,
#market
resilience & favourable interest rate scenario
Today, we share his investment mantra.
@livemint
@ActusDei
1/5
.
@KotakMF
has stopped accepting investor flows for its
#Nasdaq
ETF. Here are the
#ETF
feeder funds still open for international investing.
Story link -
Free float is an important data point for all index providers. Why? Because free float measures how investable a stock is, which is important as an index needs to be investable for its own efficiency. n/21
Raising a child has its costs. Schooling could cost ₹25-50 lakhs over schooling years. Higher studies ₹15-50 lakh. UG at foreign university can take ₹2 crore-3 crore (US costs). Other costs-clothes, paediatrician, vaccinations, extra-curricular, etc.
Relief for junior
#mutualfund
employees from
#SEBI
's skin-in-the-game rules. They would need to invest 10% of their salary in fund house's mutual fund units for now. Other details ⤵️
@moneycontrolcom
many
#debt
schemes turn cash negative as of March 31, 2020, as they borrowed to meet redemptions, as liquidity in debt markets dried up amid
#covid19
#lockdown
.
#mutualfund
industry had highest-ever redemptions for a fiscal close in debt schemes
Small-size helps us to be more nimble-footed, says Shridatta Bhandwaldar, head-equity,
@CanaraRobeco
Mutual Fund. Chemicals, capital goods, textile, smaller IT names, industrials, helped his small cap fund give 40% CAGR in 3 years. Chat with me &
@ActusDei
Long thread:🧵Number of social media influencers talking on buying & selling options has grown recently. This also comes at a time when there is growing interest among retail investors in options trading. Share of individual investors is now 1/3rd of index options turnover.
.
@vineetasng
says she keeps an eye out for consumer, tech, social causes & women founders. She says startups are well-prepared now and "already know too much about us". Next season they will be more 'sharky' than us. 2/2 Full interview (with
@ActusDei
)
My story on multi asset funds' khichdi being discussed by professor
@prashantdas
of IIMA to help students understand portfolio theory. Here is the link to the story in case you missed it. Thanks Prof. Das :)
@ActusDei
@livemint
Mirae Asset Mutual Fund's exchange traded fund will track a new small cap index; Nifty Smallcap 250 Momentum Quality 100.
@MiraeAsset_IN
@mohanty_swarup
The country’s largest
#mutualfund
distributor -- NJ India -- has finally got the license from
#SEBI
to start its own fund house. Read this profile for details on what this new MF is all about
@moneycontrolcom
⤵️
Apart from thinking about the financials of one's retirement life, there is another question to ask -- where should one retire? Should one stay in the city or go back to one's home town? What is more important -- familiarity of your city -- where you have spent years working /
Rajeev Thakkar, chief investment officer of
@PPFAS
mutual fund, eyes good businesses/stocks and holds for long-term, without much portfolio churn. In Guru Portfolio's latest, he opens up on his own finances, investments and changes over last year.
Social media influencers offer options courses. But are these worth it & enough? Don't get tempted by screenshots of big profits - not necessarily genuine - & lifestyle pictures. What alternatives you can start with, before going deep? Details in our story
Most bank-sponsored
#mutualfunds
continue to pay large part of distribution commissions to parent banks.
Top-10 fund houses paid a total of around Rs 7,000 crore in commissions in financial year 2021-2022 |
@moneycontrolcom
@kayezad
Read:
#Broking
incomes are showing signs of a pick-up with a rise in
#retail
investors’ appetite for direct
#equity
investing .
#icici
sec saw 62% jump in brokerage Inc,
#iifl
sec saw 22% jump in retail broking. 5Paisa Cap turned profitable
In an interaction with me,
@iRadhikaGupta
of
@edelweissAMC
, shares the finer points of investing in
#BharatBondETF
and how the AMC will be handling potential liquidity and operational issues that can crop up in managing the ETF.
You can buy more shares by borrowing funds from your broker. But such leveraged bets are not advisable for faint-hearted a.k.a. first-time investors. There are interest costs & risk of magnified losses (our online premium piece) -
@WritesRavi
@ActusDei
#SEBI
proposal on creating a new class of 'accredited' investors is a back-door entry of complex products where only evolved and rich investors can invest. Rest will not be allowed
Our story ✍️
@moneycontrolcom
#HNIs
, leveraged
#ETFs
, global
#HedgeFunds
Target Maturity Funds are close to being a Rs 1 trillion category.
What is driving investor interest? We look deeper in this slideshow |
@moneycontrolcom
@kayezad
read:
We've profiled fund managers to watch out for in our 5-part series. In our last instalment, we profile Shreyash Devalkar of
@AxisMutualFund
, who has shown ability to spot investments in mega-cap companies (bluechips) as well as mid-caps
@moneycontrolcom
After 12 yrs, overseas investing limits for
#mutualfunds
eased: to $600 mn. Appetite for
#international
equity, especially
#US
, meant some large schemes could breach old limits. MFs can scale up international offerings, float more funds.
@moneycontrolcom
Reinvestment risk is when bond coupons get reinvested at lower rates. This can happen if interest rates start moving downwards. Now, FMPs are launching
#FMPs
(fixed maturity plans) with a twist, to STRIP reinvestment risk. More here 👇
@ActusDei
When it comes to buying a house,
@deepakshenoy
has a simple affordability funda, which is EMI should be less than 30% of monthly income. After years of renting, he plans to buy his house with little or no loan. Here is how he has handled his finances.
#government
to retain oversubscription in
#bharatabondetf
, 3-year series received bids for worth Rs 6,982 crore of units, against issue size of Rs 3,000 crore. The 10-year series received bids for worth Rs 5,413 crore, against Rs 4,000 crore issue
@iRadhikaGupta
@EdelweissAMC
#PMS
industry lags
#mutualfund
peers in reporting standards. Returns of model portfolio, and other practices, don't give fair picture of performance to PMS investors. Returns disclosed on
#Sebi
site lends itself to mis-selling, say industry insiders
"'Nu' stands for new & 'vama' in sanskrit means wealth & fortune. We are calling ourselves as new way of looking at wealth and fortune."
@anshukaps
who heads asset management business of Nuvama Group says lot of demand for alternative investment products is from smaller cities.
How financial planning helped this family. A look at their journey ahead of
#WorldFinancialPlanningDay
.
@LovaiiNavlakhi
& team asked them to
1. Put in place adequate insurance, contingency fund
2. Fix debt dominant portfolio
3. And invest for goals
"Diversification is the only free lunch" and multi asset funds serve a khichdi. But different MAFs have different approaches and different taxation (equity/old debt taxation if MAF has 35-65% equity); you may still need other funds for different goals.
🧵 F.U. Money (Forget You Money🤫) is the corpus with which you can exit the rat race. You still work, but on your own terms & conditions. We chronicled stories of individuals, who reached F.U. status to follow their passions & those working to get there. 1/6
@livemint
@ActusDei
.
@iRadhikaGupta
of
@EdelweissMF
says investors, especially new ones, should use this correction to check if they over-allocated to equities, understand their risk-appetite. Avoid too many exotic themes, keep simple portfolio
@moneycontrolcom
@kayezad
Wedding season is here. Record 3.5 million weddings are expected this year. Gifts received by newlywed couples are tax-exempt on occasion of marriage. Is this only for day of marriage? In India, relatives also get gifts. Are these taxed? Here is a look.
What led to the rush for
#LIC
's anchor book as
#mutualfunds
invested Rs 4,000 crore?
A fairly-valued IPO or dominant player in emerging market that just needs to crack digital distribution?
Read to find out more -
@moneycontrolcom
@kayezad
Becoming a doctor is a noble profession. Costs of becoming a doctor depend on choice of college (public/private/deemed university), branch of medicine. Recovery time also depends on whether working in public/private hospitals/pvt practice/specialization.
After integrating JP Morgan AMC's business last year,
@EdelweissAMC
gets ready to spread its wings,
@iRadhikaGupta
talks about the AMC's future plans and shares thoughts on recent developments in MF industry.
@bsindia
Inheriting a property can come with several costs, maintenance/ renovation costs, outstanding dues, distance from one's current residence. Despite all this, there is sentimental value. Sell or keep? Here is a look at factors to consider.
Story link -
@PPFAS
#mutualfund
is a family-owned fund house that follows principles of value-investing. It walks the talk on long-term equity investing; has the lowest churning ratio. A profile looking at fund house's philosophy, genesis, future plans
@moneycontrolcom
#Mutualfund
distributors' income grew by 7.6 percent in FY21, while mutual fund industry assets grew 40 percent. What is holding the growth of commissions?
@moneycontrolcom
✔️SIP accounts cross 5-crore mark.
✔️Almost half of
#SIPs
from beyond top-30 cities.
✔️1/5th of assets over 5-year old.
✔️Share of SIP assets in
#mutualfund
industry's total assets rising.
A data story on growth of SIPs |
@moneycontrolcom
@kayezad
read:
GenZ coder, 24, chases Rs 15 crore dream from Darjeeling's misty hills, while working remotely for a Swiss startup. He tried and quit F&O trading last year, but scattered investments led him to an adviser for focused investing. Full story, gfx in link-
.
@SBIMF
India's largest asset manager. But not many know the story of its JV partner
@Amundi_ENG
(Europe's largest asset manager). Its role in developing ETF, ESG (environment, social, governance) & international equity investment products at SBI Mutual Fund.
#ETFs
manage Rs 3.62 lakh crore investor assets, 147% up in 2 years. Old and new
#mutualfunds
are filing for new ETFs amid rising retail investor interest. Now, you can choose from 30 ETFs across six categories. Here is a look
@moneycontrolcom
Read -