Have you seen a rocket going up (or Kim Jong testing the ICMBs.. Jokes apart)? To get itself into the orbit, it has to leave various bottom parts. It gets rid of itself from the unwanted and heavy burdens. Scientists call it various stages of launch. Same way in order to achieve success in investingRead More
Mutual Funds
Creator of Direct Plans Ajit Dayal Steps Down
I can never say that Ajit Dayal has “left” or waved “bye bye” as I know he is inseparable to the Quantum’s Philosophy as Warren Buffet is to Berkshire. But yes sometimes you have to physically vacate a position. In a shocking event last week, Creator of Direct Plans Ajit Dayal decided to move andRead More
Are Mutual Funds Moving Towards Total Return Index Benchmark
We all know performance is a relative term. We ought to have a comparison figure or a mechanism to measure the performance of the asset where we have invested. In mutual funds, these are called Benchmark Indexes. Recently, a fund house changed this to Total Return Index Benchmark. So what is the impact of thisRead More
Understanding Portfolio Turnover Ratio
When you build a portfolio, one of the most important ratios to check out is the Portfolio Turnover Ratio. The mutual funds especially the active ones, the fund managers keep buying and selling the stocks. This buying and selling activity is recorded and hence this ratio is calculated. We shall see how Portfolio Turnover RatioRead More
Impact of RBI Monetary Policy on Debt Funds
Yesterday Reserve Bank of India Monetary Policy Committee reduced the Repo Rate by 25 basis points. This is a huge trigger for home loans and other consumer loans. This Diwali will be full of offers. The major beneficiaries will be Banks, NBFCs, and Mutual Funds, especially the debt funds. Debt Funds & RBI Monetary PolicyRead More
Equity Investing is a Marathon NOT a Sprint
Equity investing is now under so much research and eye glazes because it is at a point that nobody has seen. Nifty crossed 10000 this week for the first time in history. Our philosophy has been that Equity is long term investments and market levels do not matter to us. But this milestone can beRead More