ICICI Energy Opportunities Fund – Should you invest?
About ICICI Energy Opportunities The NFO of ICICI Energy Opportunities Fund opened for subscription on July 02, 2024, and will close on July 16, 2024. The scheme aims to generate long-term capital appreciation by investing in equity and equity-related instruments of companies engaged in or benefiting from the growth in traditional and new energy industries […]
5 Mutual Fund Selection Mistakes Which You All Make
Confused about how to go on with your mutual fund selection? Read on – [I] Past returns: The number one mistake people make with their mutual fund selection process is to invest based on past returns. Often investors look at returns generated over the past 1–3-year period and invest on that basis. However, all empirical […]
Mutual Funds for Long Term (SIPs and Lumpsum investments)
Until a few years back, I invested wholly on my own. Almost 100% of my investments were in stocks and I hardly ever looked at mutual funds. Over time, I have realized the importance of diversification both in terms of asset classes and also in terms of managers. It is important to put your investments […]
Is this the right time to invest in Arbitrage funds?
WHAT ARE ARBITRAGE FUNDS? Arbitrage funds are types of mutual funds that leverage the price differential in the cash and derivatives market to generate returns. The returns are dependent on the volatility of the asset. These funds are hybrid in nature as they have the provision of investing a sizeable portion of the portfolio […]
Best Equity Mutual Funds to Invest Right Now
Single most important strategic decision in investing is how to find the best equity mutual fund investments. There are different types of mutual funds available to invest in including equity, index, debt, liquid, gold and thematic funds (like infrastructure, Pharma etc) – the list is quite exhaustive. Keep in mind that you don’t have to […]
SWP: SYSTEMATIC WITHDRAWAL PLAN
Assume a fund growth between 8-9% p.a. (there are many such funds). Effectively such a fund is paying 0.67-0.75% per month. In reality, returns are not linear. I.e. based on interest rate scenario fund will move up say 1% in a given month and move only 0.1% in yet another month but will grow at […]
Debt Fund Terminology – YTM vs Actual Returns, Modified and Macaulay Duration
A few days back, I wrote an article on various debt mutual funds and what investors must consider before investing. Some of the questions I received gave me the idea of writing this part 2. I will try to explain basic debt fund terminology here. What is Yield to Maturity (YTM)? Debt mutual funds, being market linked, […]
Which Debt Mutual Fund Should You Buy?
Over the last few weeks, I have been reading many articles on various aspects of debt fund investing. I have also received many queries on where investors should park their money to cushion against stock market uncertainty. To quote some of the more relevant questions: Are debt funds safe? So many companies are defaulting, will […]
NEITHER A BULL NOR A BEAR – A CREDIT CRISIS VIEW
Over the past few weeks, I have made some major changes to client portfolios. The ongoing credit crisis perhaps has changed my general tone on stocks, and other financial assets. I am not trying to rein in on anyone, nor suggest that a Multicap approach is astute right now, yet some of the things I […]
Vodafone Idea Default: Impact on Debt Mutual Funds
What really went wrong with Vodafone Idea? Brief background: Fifteen telecom companies owe over Rs 1.47 lakh crore to the Government of India in lieu of past license fees, spectrum charges, interest and penalties (“Adjusted Gross Revenue” or “AGR“). Vodafone Idea alone owes the Government over Rs. 54,000 Crore in this regard. Keep in mind: Of […]