Hey this fund was a topper in large cap category. But for last 11.5 yr it's doing very bad.  What is your take on this? Were you familiar with this before? How do we know this won't happen to any o...

Welcome to Personal Finance's Private Community

Hey this fund was a topper in large cap category.
But for last 1-1.5 yr it's doing very bad. 
What is your take on this? Were you familiar with this before?
How do we know this won't happen to any other fund we pick? It's numbers look good but then after you get in and into an year it goes down. What would you do?

Mirae Asset Emerging Bluechip mutual fund is down performing?

Analyst

Mirae Asset Emerging Bluechip mutual fund is down performing?- Grapevine

I saw standard deviation, sharpe ratio and returns of 5 years and investmenr strategy.

 This fund is investing more in large, giant cap then mid and small. So, it seems like atleast i will get good returns than FD and RD.

Want to know your thoughts on this fund.

Is mirae asset elss tax fund good?

Welcome to Product Managers's Private Community

Hey everyone, happy to answer any questions around Data Science/ML/AI and making a career within it

A brief about me, I work currently as a Sr. ML Engineer at an Indian unicorn startup 
I graduated 5+ years ago and have since worked as a Data Scientist / ML Engineer at an ecommerce company and social media company. My designations have changed based on the industry requirements and work too changed based on that.

Would love to take questions on what it means to be an ML Engineer, my early learnings from a career in data science, and thoughts on AI.

Look forward to all questions :)

AMA 🎙️: Hi, I am diffusedbandit, Senior ML Engineer at an Indian Unicorn

Data Scientist

Can anyone suggest some best mutual funds to invest in India ?

Project Manager

In my last 5 years of investing in MF, only hdfc top 100 fund has outperformed index. The return of other mutual fund miss the index by 0.5-1%. Though this is not big, paying expense ratio and still underperforming makes less sense to me. 

For the next 5 years, I am planning to stop SIP in the funds and directly SIP in etf. 

Would love to have your view/advice on the same. Thanks in advance!

Mutual find VS ETF

Investor

Both indexes began diverging sometime close to when Fed started to aggressively hike rates. It appears that the post-COVID rally was more favourable to the S&P but NIFTY is currently outperforming on absolute returns.

My idea is fundamentally simple. Financial prudence during the raging recovery paid off for us, the economy appears resilient and poised to do well in the near to mid-term. It also reflects that markets are pricing recessionary risk very differently to both markets.

Any ideas by others?

[Thread] Why is the Indian Public Market outperforming the US Public Market?

Product Manager

I invested in Mutual fund through SIP.
Total profit was 6k after 1 year (Total invested amount around 60k)
Today I saw monthly NPS statement of June 2024 month. This NPS contribution consist of company contribution and person contribution of ₹100 per month.

Total gain is 13399 for 60397 total contribution.
I am surprised to see higher returns on my NPS than my Mutual fund investment.

NPS vs Mutual Fund

Software Developer

DISCLAIMER - I have no intentions to become a finfluencer. These posts are just to trigger personal finance conversations as I see many noobs chasing small/mid caps without a fundamental understanding. 

*3 interesting parameters to select MFs!*

1. Standard Deviation - It reflects the range of returns from the investment amount. 10% SD on 1000 rs investment can return from 900 to 1100. Higher the SD, riskier the investment.

2. Beta - This reflects the downside of MF against the benchmark. Beta < 1, fund has better downside protection. If Beta > 1, fund might fall more if markets see a correction. 

3. Alpha - It reflects upside on fund when risk-adjusted against benchmark. Risk adjustment in easier terms can be absorbed as if benchmark index would have taken similar volatile stocks what would have been returns associated with it. To connect the dots, a fund can have higher positive returns with higher negative returns. Alpha will absorb downside and reflect upside after that. 

Exercise - Check the SD, Alpha, Beta of any two funds in the same category and share your learnings. 

For any category of funds (flexicap, small, large) these 3 parameters can be used for comparisons. Few more parameters are there but those can be explained later. 

Which factors you use while buying a Mutual Fund?  

Happy Weekend!

FriYaY Finance Fundae!

Welcome to Fintech India's Private Community

A little off topic but I need suggestions from you people. I want to invest around 50k amount in ELSS Tax Saver MF to save tax under 80cc. 

I've decided to allocate in below MF for 10 years: Quant elss(20k), Parag parikh(15k) & Mirae asset(15k)

Is it good? Or it is better to invest these in ppf? Any suggestions will be helpful.

Suggestions on investment (elss mf)

Consultant

Seeing a lot of MF houses putting investment limits on Mid cap and small call MFs. What are your thought on that? 

Are you still investing in Mid and small caps funds? Any finance experts here cares to explain why is this happening?

While I have my sip continuing in both mid and small caps, I am moving my lump sum investment to large caps now.

Are you still investing in Mid cap and Small caps

For any investor, Mutual funds after a point become less exciting mode of investments. Also last 4 years spoiled everyone in the market. I was in a similar space and was trying to pick a PMS to accelerate my folio, but looks like returns aren’t too exciting ( cost of PMS > MF). Additionally, I am not able to see any consistency in top rankings over the different time-periods. 

Thought of sharing this if any of us is going through similar confusions. Happy Investing!

https://www.pmsaifworld.com/blog/portfolio-management-services-pms-vs-equity-mutual-funds-mf-detailed-score-card-data-as-of-31-03-2023/

Friday Fin - PMS Vs MF 🤔

Which are the best mutual funds for long term investment. The aim is to at least beat index funds and inflation! Also, please recommend some good small-cap funds for good returns!

Looking for Mutual Fund recommendation

Looking for suggestions on where to invest and what are the best options in that category

For example, Canara Robeco Bluechip Fund for equity investments

Looking for suggestions on Mutual Funds, Bonds, PPF, EPF, FD, or any other types of investments paying off right now

Investment diversification

Hii fellow investors, I am looking for some new mutual funds to start SIP. My current XIRR is around 40%. 

My current MF are:

HDFC small cap fund
Kotak emerging equity fund
Canara Robeco flexi cap
Nippon India contra fund
Aditya birla sunlife PSU
SBI small cap

Can you guys share some.
Thanks

Any good mutual funds?

Hi folks, 
Wanted to know how much you guys have lost in Mutual Funds over your investing span? Saw loads of stories of upsides however would love to hear how risky these could be just to keep myself calm and composed incase such a correction happens.

Risk Appetite in MFs

Have been investing in MF for the last 2 years, think I need to adjust and remove some of the overlapping funds.
Please give suggestions. Have monthly SIP for 10k in each MF, total 50k.

Mutual Fund Assessment

Software Engineer

Hi folks, 

Personally, I thought I should invest in the index fund. Because, I don't want to take the risk with this amount. 

But I would still like to know 2 things - 

1. Is the index fund fine? 
2. Is it the right time to invest in lumpsum Or should I do an SIP of 20k? 

Any help would be appreciated. 

Thanks in advance :)

Where to invest Rs. 2 lacs right now?

We don’t know your risk profile, but your statement gave me a hint of conservative.  
  
 For a conservative investor in the current market situation, I will do 2 step investing. 
  
 1. Put 1.6/1.8L in arbitrage/liquid fund  
 2. Start monthly index investing with 20k 
  
 If I see 2.5% correction in index, I will move 60k in index from arbitrage/liquid. If index sees more than that, I will transfer rest of the amount to index.  
  
 The above method will preserve my capital & gains both.

I've completed 1 year in my first job. I've tried saving and investing some money, help me decide what I can do better:

Income: 22LPA

PPF: 3 Lakh
EPF: 2 Lakh
MF: 5 Lakh
Saving Account: 4.5 Lakh

Income for new FY post increment: 29LPA

I did these savings based on some advice from my elder brother.

I'd like to spend more this year though, with some travel and going out more, maybe even purchase a scooty/bike and a PS5 😁 - would these expenses be justified?

Apart from improving my savings & investments and 
still being able to afford a few luxuries, I want to know if I should get any of these:

- Health Insurance - Only 5 Lakh cover from company for me and my parents (note - parents are getting old)
- Life Insurance - Do we really need it, I'm still 24?

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