Friyay Finance Fundae is here. With markets peaking and multiple big events (Elections in India, US, rate cuts, budget) in the near future, I was looking for a less-stress investing option. Went down the rabbit hole of momentum-style investing as I see fewer value opportunities in markets with indexes in ATH territory.
I thought my time investment could help others here who are looking for similar opportunities. I picked
Quant Flexi Cap 5Y returns - 33.76% Expense ratio - 0.59% Min Investment - 500 48 stocks in the portfolio, looks soft & RIL heavy
Vs
Capitalmind Momentum (One of the best momentum investors in India) 5Y returns - 36.61% Small case Fee - 18,000/Yr + STCG Min investment - 1L+ Between 15 to 25 stocks, sharp!
Overall, at this point looks like MF > Smallcase; as 3% extra is not worth the costs plus a concentrated portfolio.
If folks here are curious, I can add some PMS comparisons as well. Feel free to pitch any momentum ideas in current markets.
MF + Term Insurance + technical/situational stock picking + ppf + pf - usually works best.
But this needs a lot of personal time investment.
Same for SIP, you might start sip in best performing funds today, say quant funds, but no one will tell you that risk adjusted returns are not that great with quant. There are better options. By the time one understands this, you would have lost intiatial years for your job.
Similarly until you are investing small amount compared to your monthly take home, it's all a good sport. One gets serious when monthly investment to salary in hand is huge and equity exposure of the total portfolio is beyond 70-80%.
People with money and no time - tend to move to pms. People with monthly money - tend to move to sips. New entrants to equity - try products like small case. ( It takes time to even understand what it takes to be in the market )
They all will continue to exist.
And, percentage return is not the only criteria to be evaluated. Risk Management + Capital Allocation plays a greater role than just %return.
That’s the purpose of this post, people (especially new ones) shouldn’t fall for costlier options.
Own a house worth 3.5 Cr which is on rent Have a home loan of 2 Cr outstanding balance Have cash of about 0.8 Cr, Shares and NF of about 0.5 Cr and PF of about 0.3 Cr.
Have also gifted my parents property worth 1 Cr
This is both a post...
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