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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

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More from @ETMONEY

Apr 10
What if you invest in companies that give the worst returns?

Can you beat the markets with a Loser Portfolio?

Valuation guru Aswath Damodaran says it works in the US.

Is it possible with Indian stocks? Let’s find out. A 🧵Image
We did a simple exercise to put this theory to the test.

Every year, we picked the worst-hit stocks (by price decline) and invested an equal amount in each.

The idea was simple: We wanted to check if big losers bounce back.
First, we selected the 35 biggest losers of FY15 (Apr 1, 2014 - Mar 31, 2015).

Invested Rs 10,000 in each of them on Apr 1, 2015.

Total investment = Rs 3.5 lakh

A year later (by Mar 31, 2016), the returns were 21.7%.

How did the BSE 500 fare? It was down 7.8%. Image
Read 17 tweets
Apr 7
Nifty 500 crashed 3.42% today.

But this isn’t new.

Markets have tanked as much as 13% in a day.

And they’ve always bounced back — sometimes in less than a month.

But here’s the interesting part: SIPs recover even faster. A🧵 Image
We analysed past market crashes using the Nifty 500 index.

For each crash, we looked at:

1. How long the market took to recover
2. How long an SIP took to recover

We assumed a monthly SIP of ₹5,000 starting 3 years before the crash.

The idea was to check how quickly the SIP recouped its losses.
Let's start with the 2020 Covid crash.

Nifty 500 fell 38% and took 7 months to bounce back.

But a SIP started in 2017? It rebounded in just 4 months.

And this isn’t a one-off event. Image
Read 8 tweets
Apr 5
233 stocks from BSE 500 have fallen over 20% since Sept 2024.

How do you pick the best quality stocks trading at reasonable valuations after correction?

Here’s a 9-step framework to separate gems from traps. A 🧵

Using this, we got a list of 15 stocks (covered in tweet 14).
What is this framework?

We tested companies on 9 metrics related to profitability, leverage, liquidity, and efficiency. (See image)

Now, this isn’t just any checklist.

Known as Piotroski F-Score, it is a proven framework by Prof. Joseph Piotroski. Image
How does this work?

Each company gets 1 point for every metric it passes.

We tested all BSE 500 companies on 9 metrics & added up the scores.

So, scores can range from 0-9.

We filtered out stocks, scoring seven or more to find the strong ones.

But we added a twist to it.
Read 17 tweets
Apr 2
Your HR will soon ask: Old Regime or New Regime?

After Budget 2025, the New Regime looks like the obvious choice.

However, for some taxpayers, the Old Regime can still make sense.

How will you decide? Let’s break it down. 🧵
Let’s start with how both these tax regimes work.

Old Regime

It allows you to lower your taxable income through various deductions (PPF, ELSS, NPS, etc.) and exemptions (HRA, LTA, etc).

Let’s understand this with an example.
Say, your income is Rs 10 lakh.

Assume total deductions and exemptions you can claim = Rs 2 lakh

Your taxable income = Rs 8 lakh

This ₹8 lakh isn’t taxed at one flat rate. It’s broken into parts, and different portions of income are taxed at different slab rates. 👇 Image
Read 15 tweets
Mar 31
The Nifty Smallcap 250 Index fell 12.64% in February.

But your SIP returns (XIRR) might show a shocking -80%.

Does that mean your ₹10,000 SIP investment is now worth just ₹2,000?

No!

Then why does XIRR show such a big drop? Let’s break it down. 🧵
In SIPs, each instalment is invested on a different date.

So, some investments get more time to grow, and some get relatively less time.

Since the time of investment varies, simple return calculations don’t give an accurate picture.

That’s where XIRR comes in.
XIRR treats every SIP contribution as a separate investment.

And shows the average of how each SIP instalment grew every year.

This makes it the correct method to measure SIP performance over the long term.
Read 13 tweets
Mar 29
Last 1-year returns:

Nifty Smallcap 250: 6.5%
Tata Small Cap: 15%

This outperformance isn’t a one-off.

The fund has consistently beaten the index as well as its category average.

Its biggest strength? It protects your returns when markets fall.

A 🧵 on its investment strategy.Image
1. Focus on minimising losses

Corrections in small caps can be brutal. But this fund has handled them effectively.

Since its inception, Nifty Smallcap 250 has had 29 negative months. Tata Small Cap outperformed in 26.

In 10 months, when the index fell more than 5%, it did better in 9.Image
This solid downside protection isn’t by chance.

In a recent interview, Fund Manager Chandraprakash Padiyar highlighted that they look for companies that are reasonably priced, can scale consistently, are debt-free, and generate strong free cash flow.
Read 11 tweets

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