Mutual Fund Sahi Hai!✅

Par kaunsa sahi hai?🤔

Scientific way of analysing 2,000+ equity mutual fund schemes to hold for long-term. [A thread…🧵👇] [1] Past Returns?

Absolutely, not. We analysed data from the past 10 years.

Mutual funds that get the maximum return in 3 years hardly even remain in the top 100 performers in the subsequent years.

Then how do we analyse mutual funds? These 5 parameters on👇

I used to agree with arguments like: "Why a temple/statue, and not a school/factory?"

But I dug deeper to find that the Ayodhya Ram Temple🚩 will generate at least ₹4,00,000 Crores every year🤯

Here's how India🇮🇳 stands to benefit from the Ram Mandir [A thread🧵👇] [1] At least 1 Lakh tourists daily

UP govt is expecting at least 1 Lakh tourists everyday and 2 Cr tourists within next 6 months.

Jefferies estimates that Ayodhya will see 5-10 Cr tourists each yr

But a lot of infra work is needed. Here's what the CG and UP Govt are doing👇

Insurance regulator IRDAI’s Annual Report 2022-23 was released yesterday. It has some great insights about:
🔸Cases of mis-selling reported
🔸Insurance sector's growth etc

Some extremely interesting insights. A thread🧵👇

Do re-tweet to educate more investors [1] Premium growth across the world

Premiums de-grew/grew at abysmally low rates (YoY) across the world due to macro concerns and inflation

India grew 8.2% in life and 6% in non-life insurance

India is the 10th largest insurance market and is projected to get to 6th by 2032

Dream 11's ₹40,000 Cr GST tax demand is the biggest in the history of GST🔻

On what grounds is the tax department doing it?

Is the government to be blamed?🤔

I spoke to experts working closely with the GST dept and gaming companies on this.

A thread on the entire matter🧵👇 [1] Year 2021: GST Department speaks to the industry

Say, if the users pool-in ₹100 and the gaming company distributes ₹95 as winnings, ₹5 is the Gross Gaming Revenue (GGR).

Gaming companies used to pay GST at 18% on ₹5 [18% of ₹5 is GST of ₹0.9].

Contd👇

Raamdeo Agarwal came from a middle-class family but his stock-picking abilities made his net-worth soar to ₹6,840 Crores

MOFSL (his investment firm) recently released a 27th wealth creation report on how they select stocks. [A thread...] 🧵👇 [1] Consistents & Volatiles

To study companies, MOFSL's 27th Annual Wealth Creation categorized companies into two:

A. Consistents and
B. Volatiles

Consistents need to pass 3 tests based on their Profits After Tax (PAT). What are these three tests?🤔Read on👇

Reliance Industries Demerger will impact taxation of its 36,39,396 shareholders 🤯

You need to understand how this affects you as a shareholder🤔

Have come up with hand-written notes in a way that even a 5-year-old can understand

A thread🧵👇 [1] What is Demerger?

👉It's transfer of a business undertaking from one company (co) to another co where shareholders remain same

👉Reason? Separate board, investors etc

👉Why not sell the business?🤔Selling a co for cash involves taxation but demerger is tax free

My Dad invested ₹2 Lakhs in Eicher Motors in 2003-04📈

Had he held those shares, it would've been worth ₹6 Crores (300x)🤯

Since we are talking about timing even 'Mutual Fund' investments😅

Here's what you lose by trying to time the market🧵👇 [1] Practical Problems With Timing The Market

🔸Dad spotted multi-baggers like Eicher, Tasty Bite, Deepak Nitrite

🔸But he tried playing between support/resistance

🔸He sold Eicher at 20% profit when it hit resistance but the stock shot up after that. He never bought it again.

🚨 Urja Global's share went up by 44% in last two sessions📈

🤔Reason: It entered in to an agreement to manufacture batteries for TESLA POWER USA

📢People are confusing this with Elon Musk's Tesla. But it is not twitter.com/i/web/status/1… 👉Tesla Power USA is rather a subsidiary of Indian company Tesla Power India Pvt. Ltd

👉This company is Gurugram based and is owned by Khurana family

A team of 125 people were recently caught in Haryana scamming people worth ₹100 Crores+🤯

These criminals defrauded over 28,000 people from 35 states & UTs across the country📉🔻

I read a lot about how they scam so that you don't fall prey! A thread🧵👇 [1] How did they defraud people?

🔸UPI Scams
🔸Fake Listings on OLX
🔸Work from home opportunities - ₹30,000 per month
🔸Sextortion - Post video calls

Let us understand how they scammed people using UPI and OLX

Jadeja was once called, “A player of bits and pieces.”

Never write off yourself!

Life goes from 0 to 100 very quickly! Keep working hard!

#IPL2023Finals #Jadeja #CSK Dhoni started his international career in 2004 with 0(1) against Bangladesh

If Dhoni ends his career now, he’ll end the same way he started, 0(1)

Oh, but what a beautiful career between these two innings :)

#Dhoni #MSDhoni #CSK

Virat Kohli made ₹240 Cr in 2021 from endorsements alone🤯

This is the amount at which an entire IPL team's rights were bought in 2008😲

BCCI is going to make ₹50,000 Cr+ just from IPL during 2023-2027📈

What makes IPL one of world's biggest sporting league? 🤔A thread🧵👇 Main players in the IPL Business Model Ecosystem

🔸BCCI: The organisers of IPL;
🔸Team Owners: Companies or rich people like SRK;
🔸Broadcasters: Viacom18, Star Network;
🔸Sponsors like Title sponsors etc.

Revenue streams for these players👇

Medical Insurance in India is rising at 14% p.a.📈

In 2020, when my grandfather got admitted to the hospital after Covid, the bill was a whopping ₹20,00,000

In 2025, this will cost ₹40,00,000🤯

Here's more on why you should buy insurance today🧵👇 [1] Lower Premiums For Life

👉Age is not just a number🔞

👉Insurance purchased in the early 20s are much more affordable than for people in 30s and 40s

👉This is because in the 20s you would be in the pink of your health and most probably you won't make claims

After 8 years of hardwork, I finally treated myself with an iPhone

6 ways on how you can buy it to within ₹50,000 (without exchange)🧵👇 [1] Wait for the right sale

Big Billion Day Sale is there but many times, e-comm players come with special offers on specific phones.

Flipkart was running a sale on iPhone 13. It was priced at ₹57,999. On other platforms (Croma), it is priced at ₹62,999.

Saved: ₹5,000

Adani Enterprises Ltd. reported 183% jump in Profit After Tax (PAT)📈

However, the Auditors have issued a qualified opinion🤯

To know:
🔸What is a qualified opinion?🤔
🔸What are the qualifications/objections?
🔸Who is the auditor?

Read on👇 twitter.com/i/web/status/1… [1] What is a Qualified opinion?

A qualified opinion means that based on auditor's findings

the financials of company are fairly presented, except for a specified issue.

This means that a particular issue is material in auditor's view but co. didn't consider in its financials. twitter.com/i/web/status/1…

You MIGHT get this WRONG! Even I did 😅

Choosing a life insurance plan for ₹1-1.5 Cr, but till what cover age?

Until you're 60 or 80?🤔

A Thread 🧵👇 [1] What did I do?

2 years back when I was choosing a term plan, I fell for the second option

In fact, I chose the option which has 85 years of coverage

You might do it too. But it might not be an ideal choice

Here's why👇

From struggling to buy milk for his son to having a net worth of ₹650 Cr+🤯

Vijay Kedia has become one of India's most successful investors

Let's learn about his exceptional stock-picking skills and the secrets to his success.

A thread🧵👇 [1] Early life

🔸Born in Kolkata in 1959 into a Marwari family

🔸Graduated in commerce from Calcutta Univ

🔸In 2016 he recd. Honorary Doctorate for Excellence in Mgmt

🔸Joined the family stockbroking business at 19 after his father's death but started pursuing trading as well

Warren Buffett has asked his trustees to put 90% of his wealth in S&P500 Index Fund after his death🤯

Here's everything about Index Funds. A thread 🧵👇 [1] What is an Index❓

An index measures a subset of the stock market,

that helps investors compare the market performance over a time period

Nifty - Top 50 listed stocks by market cap in India
Sensex - Top 30 listed stocks by market cap in India

🚨20,00,000 complaints have been lodged with Cyber Crime dept in last one year🔻

People are losing LAKHS and CRORES

I've done a lot of research on frauds so that you don't lose money👍

A thread on 5 very common online scams🧵👇 Read so that you don't fall prey [1] Work From Home Jobs

🔸YouTube likes with a high daily income of ₹3,000-5,000 per day

🔸Registration via WA, Telegram & fake websites

🔸Promises & pays commission initially to win trust

🔸Ask to deposit XYZ amount to continue

🔸Blocks withdrawal after large deposits

New tax regime becomes the default tax regime

Not telling your employer about the choice of regime might lead to higher TDS outflow🔻and low salary being credited📉

But the choice is very confusing. Don't worry, I've got you covered😌

A thread of hand-written case studies🧵👇 Case A: Income is ₹7.5 Lakhs

-> Where you don't pay any rent or home loan EMIs
-> For people like me who stay in their parents' house

Even if you know about Mutual Funds,

It is difficult to choose the category

Here is all about Mutual Funds and its categories 👇 1/ What is a Mutual Fund❓

A Mutual Fund (MF) collects money from investors sharing a common objective

An MF can invest in:
👉 Equity Instruments
👉Debt Instruments (Bonds of companies)
👉Government Securities
👉Treasury Bills etc.

Or even in a mix of these instruments

A well-educated couple lost over ₹1,12,00,000 in a FRAUD🤯

They got lured by 'Rating Movies' which would make them easy money🔻

Here's all you need to know about this SCAM and even avoid it. A thread🧵👇 [1] Modus Operandi

🔸FRAUDS target people who look for comfortable jobs

🔸Contact them over platforms like TELEGRAM

🔸Share testimonials of people who joined them early

🔸Make offers of GET RICH QUICK schemes that you can’t resist

🔸You must have got messages like these👇