Advisors can actually build their entire MF practice by only selling #DAAF and still give the best Investment Experience.
DAAF takes care of: 1. #AssetAllocation 2. Value based investing 3. BuyLow-SellHigh - profit booking 4. #DownsideProtection 5. Debt with Equity Taxation
6) No need to Time the Markets 7) No need for Exit strategy 8) over longer periods, outperforms Buy & Hold 9) In Bullish period -participates in Upside 10) Bearish Periods - protects Downside 11) stagnant periods still generates returns 12) use it as SIP, STP, Lumpsum
That's why I call it Aloo Ki Sabzi in Investment Thali: 1) can fit in any strategy 2) can be invested at any phase of markets 3) can be recommended for Senior citizens for regular cash flow thru SWP 4) ideal for any age group
Practically all Fund House have #DAAF schemes. They may call it Dynamic Equity or Balanced Advantage Fund.
Be careful, as some Aggressive Hybrids are also termed as BAF. Check this before you invest
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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
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
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
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.