MisterBond's Rankings as on May 30'2021: From 01-04-15 to 30-05-21
Rankings of only those which were in existence from 01-04-15
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3 Types of Rankings: 1) IHR: Investor High Returns - Higher returns in higher return bands 2) IER: Investor Experience Returns - IHR adjusted for Volatility 3) % of observations of each scheme beating Industry Average
Large Cap Scheme Rankings:
Industry Avg: 8.50%
Number of Observations Completing 5 years: 284
Based on 5 year rolling returns
Mid Cap Scheme Rankings:
Industry Average: 8.88%
Number of Observations completing 5 years: 284
Based on 5 year daily rolling returns
Small Cap Scheme Rankings:
Industry Average: 8.88%
Number of observations completing 5 years: 284
Based on 5 year rolling returns
Flexi Cap Scheme Rankings:
Industry Average: 8.94%
Number of Observations completing 5 years: 284
Based on 5 year Rolling returns
DAAF Scheme Rankings:
Industry Average: 6.76%
Number of observations completing 3 years: 778
Based on 3 year Rolling Returns
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.