Sunil Jhaveri Profile picture
Feb 24, 2020 5 tweets 3 min read Read on X
Only when #Investors and #Advisors realise that it is best to stick to AssetAllocation strategy thru BAF schemes for lump sum and SIP and not get lured by different offerings of #AMCs, will they have good Investment experience.
#AMCs should have one flagship scheme which combines all attributes as follows:
1) MultiCap
2) Rebalance like Dynamic Equity
3) add a bit of International Equity exposure

This can create All Seasons Scheme with lower volatility
That's why I like @PPFAS long term Equity Fund which combines all the above attributes.

AMC has stuck to only one scheme without confusing the Investors and doing a good job.

In such a case an Investor may not need an Exit Strategy as it will be in built in scheme construct
Only because AMCs are in numbers game, they come out with different schemes in same asset class instead of providing a holistic investment Solutions based on Market valuations.

Only one flagship scheme should do the job.
Finally, this will ensure that #MutualFundIndustry does not create #Abhimanyus out of #Investors who are currently stuck in #Chakravyuh of investing in #Equity as an Asset class.

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More from @IamMisterBond

Jul 23
Some hits & misses in the Budget presented by @nsitharaman :
Hits:
1. Sticking to Fiscal consolidation path, this year 4.9% of GDP going down to 4.5% next FY
2. Youth employment, skill development, internship program - to benefit 1 cr youth
3. Infra spend of 11.11 lac cr by Govt
4. Economy to grow at 6.5 to 7% - highest among global economies
5. Direct & indirect taxes collection buoyancy to continue

Misses:

1. No steps to boost slowing consumption
2. Personal tax slab tinkering to give only 17.5k in hands of tax payers
3. To curb trading & F&O, they have not only increased STT but also increased STCG & LTCG
4. This will dissuade financialization of household savings & investing in markets
5. Cannot compare with developed economy and follow them blindly
6. Very limited impact on tax collections
Read 5 tweets
Feb 23
How do you choose a scheme to start your #SIP?

Last 1/3/5 year #PointToPoint (P2P) returns?
There is a study which shows that top performing scheme over any 3 years actually becomes bottom performing scheme over next 3 years and vice versa Image
Also, over any 5 to 10 year SIP data, best performing scheme can be 16% and bottom performing scheme can be 2%.
Read 13 tweets
Jul 8, 2023
Why does one #save & #invest? If you understand answers to this question, you will look at your #InvestmentJourney in a totally different light.

A thread:
You #earn through primary sources of #income like #salary & #BusinessIncome.

You have many #goals in your life like #education, #marriage, #retirement etc for which you start saving & investing
For achieving these #future goals, you start sacrificing on #current #needs, #desires and #aspirations.

Slowly & steadily, you nibble from your primary income, save & invest
Read 15 tweets
Apr 18, 2023
MisterBond's #RollOfHonour for various #Debt scheme categories for the year ending on March 31'2023.

#IHR - Investor High Returns Score - Higher Returns in Higher Bands
#IER - Investor Experience Returns Score - IHR divided by Std Deviation
#BI - Beating Industry Average Image
MisterBond's Roll of Honour - #BankingAndPSUFund: Image
MisterBond's Roll of Honour in #CorporateBond Funds: Image
Read 7 tweets
Apr 18, 2023
MisterBond's #RollOfHonour for various Equity scheme categories for the year ending on March 31'2023.

#IHR - Investor High Returns Score - Higher Returns in Higher Bands
#IER - Investor Experience Returns Score - IHR divided by Stabd Deviation
#BI - Beating Industry Average Image
MisterBond's Roll of Honour in #ELSS schemes Image
MisterBond's Roll of Honour in #FlexiCap schemes Image
Read 13 tweets
Mar 24, 2023
Amendment to the Finance Bill 2023 - The #FinanceMinister has made all #DebtMutual fund investments ,after 01.04.2023 taxable as #ShortTermCapitalGains.

No #LTCG on DebtSchemes.

DebtSchemes will now be at par with #BankDeposits on taxation

bit.ly/3LIC96w
Hybrid category will start becoming popular with more than 36% in Equity.

Expect more such offerings from #AMCs. Brace for more #volatility in New offerings.
No implications if you continue to hold your existing #DebtPortfolio. Only if you invest fresh funds post 1 April 2023, there will be only STCG like #BankDeposits.
Read 4 tweets

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