ET Money Profile picture
Jul 15, 2020 14 tweets 6 min read Read on X
Super proud to announce that @ETMONEY leads the way in the #MutualFund industry. Corners a whopping 28% market share of net equity sales in the month of June. 

When you stay true to your customers, success always follows!! Image
For more details, visit our blog: etmoney.com/blog/etmoney-l…
What added to the cheer was that we played a pivotal role in ensuring money was invested in categories made for long-term investing, not flavor of the season
In #LargeCap & #MultiCap funds, which are a core holding for investors, we had positive net sales of ₹25+ crores while the industry inflows were negative ₹1,000 crores
We accounted for nearly 14% of total net sales in the entire #MidCap category. Out of ₹36.70 crore net sale of the industry, we contributed ₹4.9 crore
#HybridFunds are usually the best bet during volatile times like now. We had a net positive sale in these funds while the industry was in deep red with -₹3,000 crore net sales
Our contribution to the #GiltFunds sale was minuscule & we are happy about it. That's because the recent good return on this category is driving the inflows. And that's not the reason to invest in a category
We were able to pull this off thanks to robust growth in our #SIP book, and less than industry SIP cancellation rates. While the industry had -3% m-o-m change in SIP inflows, we had a +1% growth
This wasn't a coincidence but a result of our deep commitment to help Indians make the right investing decisions. And here is what we did post the big market crash of March
As the markets crashed, we asked our users what their concerns were. We then got CEOs of top AMCs to answer those questions. This as the country was being put under lockdown
👉
👉
👉
Once the initial panic subsided, and uncertainty faded off, we continued hand-holding users through blogs, videos, and our Quora community
👉etmoney.com/blog
👉youtube.com/channel/UCxv9T…
👉quora.com/q/allaboutmoney
We also understood it is only human to get swayed by emotions & make decisions that might hurt long term goals. So before our users hit the final redemption or SIP cancellation button, we gave them options that they could go for rather than canceling
All this wouldn't have been possible without the efforts of our teams across #product, #marketing, #operations, and #customersupport. A big shout out to them🙌
Lastly a special mention to our #engineering team for sweating it out and making all of it possible by building industry-leading and highly helpful features on the app

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with ET Money

ET Money Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @ETMONEY

Apr 23
3 BIG changes in health insurance from Apr 1, 2024:

1. No disputes in claims after 5 years of policy coverage

2. Shorter waiting period for pre-existing and specified illnesses

3. No age limit to buy health insurance

Details in the thread. 🧵
1. Dispute-free claims after 5 years

Insurance companies can deny claims alleging a policyholder hid some key health issues.

But this cannot happen once you have paid premiums for 8 continuous years.

Good news: This period has now been reduced to only 5 years.
Simply put, if you pay premiums for 5 continuous years, the insurer cannot deny any claim covered by the policy on any grounds except fraud.

This will undoubtedly help a lot of policyholders.
Read 10 tweets
Apr 17
PPFAS Flexi Cap manages over Rs 60,500 cr.

Its AUM has grown nearly 35 times in the last 5 years.

But, many investors now worry that performance might suffer due to its colossal size.

Does this really happen?

Is there a link between size and performance? A 🧵
We looked at 4 categories:

Flexi cap, Large Cap, Mid Cap & Small Cap.

We observed 2 trends:

1. The biggest fund in each category has been among the top performers

2. In most funds that grew quickly, AUM size didn’t necessarily impact their performance (Analysis from tweet 6)
So, how do those funds with massive AUMs keep up their game?

A fund with an AUM of Rs 60,000 cr might seem huge compared to its peers.

But even these giants are more like small fish in the ocean of Indian stock markets.

Check some numbers. 👇
Read 15 tweets
Apr 13
PSU stocks have witnessed a dream run recently.

Last 1-year returns:

Nifty 50: 30%
Nifty PSE: 94%
Nifty PSU Bank: 85%

But now, they seem overvalued. (Data in following tweets)

While some stocks are still attractively priced, there are many concerning signs. Details in🧵 Image
Let’s start with why PSU stocks seem a bit pricey now.

We looked at the Nifty PSE index's PE ratio, which can suggest if it's undervalued or overpriced.

A quick peek shows its current P/E (9.63) is higher than its median of 8.4 since April 2020, indicating overvaluation. Image
The Nifty PSU Bank index also follows a similar trend.

The current P/B ratio (a more accurate measure to check valuation for banks) is 1.54 compared to a median of 0.81.

This is again signaling overvaluation, with most stocks being overbought. Image
Read 13 tweets
Apr 9
If returns are the same, how do you choose a fund?

Example:

ICICI Pru Bluechip Fund: 42%
Taurus Large Cap: 45%

Both schemes have similar one-year returns. But which one is better?

Let’s compare them on 5 parameters to get the answer. A🧵
1. Standard Deviation

It shows the ups and downs an investor would experience by investing in a fund.

The higher this number, the wilder the ride.

ICICI Pru Bluechip’s standard deviation: 11.59%
Taurus Large Cap: 15.81%

So, the Taurus’ fund is riskier.
2. Beta

This one reveals how risky a fund is compared to its benchmark.

A higher beta implies more volatility than the benchmark. A lower beta means less volatility.

ICICI Pru Bluechip’s beta: 0.87
Taurus Large Cap: 1.12

Again, ICICI Pru Bluechip scores here.
Read 10 tweets
Apr 5
REITs & InvITs are on fire.

They gave up to 23% returns in the last year, according to an Economic Times report.

No wonder mutual funds’ holdings in them have doubled in 1 year.

So, let’s take a crack at them. A 🧵

Bonus: We’ll cover how to pick the best REITs & InvITS. Image
First, the basics.

‘REIT’ stands for real estate investment trust.

It is like a mutual fund that invests in real estate - not real-estate stocks but real property.

In most cases, this piece of real estate is commercial. Examples: Offices, malls, etc.
You can profit from REITs in 2 ways.

1. REIT managers pass on the rent they earn periodically. (Called ‘Distribution’)

2. Just like the price of a share, the price of a REIT’s units can rise or fall on exchanges. So, you can sell them at a higher price to make a profit. Image
Read 18 tweets
Apr 4
Are small-cap stocks nearing a crash?

There is a lot of noise around this.

So, we’ll lean on 3 crucial parameters to get an answer.

We will also answer how you can invest in small-caps now.

Let’s start.👇A thread 🧵
1. PE RATIO OF NIFTY SMALLCAP 250

This ratio tells you how much investors are willing to pay for earnings of Rs 1.

So, we looked at the current PE of the index & compared it to the long-term average.

What did we find?

The index appears overvalued.

Check some numbers. 👇
NIFTY Smallcap 250’s current PE = 26.78

The long-term average = 23.93

So, it is trading at a 12% premium.

Even compared to NIFTY 50, the small-cap index is trading at a 17% premium.

Historically, the small-cap index trades at a 6.3% premium to the large-cap index. Image
Read 16 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(