Who has access to largest set of farmers?
17 states, 35000 village, 40 lakh farmers
Aug 28, 2020 • 7 tweets • 2 min read
One of the question i see lot of people asking in regards to PPFAS is " Where has return come from. Indian holding or foreign holding.
Lot of people have this high perception of only Nasdaq or tech stocks leading to it.
pretty baseless question though:)
A small thread
There is absolutely no right way or scientific way (except some complicated XIRR). I made some assumptions.
a. Portfolio, stock holding and assume no change in stocks during the duration.
b. 31st dec, 2019 as the stock holding
c. 27 august 2020 as the final value.
Jul 9, 2020 • 10 tweets • 4 min read
Around 2017, I dabbled in to seeking financial advise. From a well known Chennai based planner. While I was decently well read on the subject but I still want to see what that advisor had to offer. Read on [A thread]
Goal 1: I was planning to buy a new car in few years. Target was to replace old one at 8-9th year.
I had money year marked in a low duration debt fund/ liquid fund.
Advise: put in a balanced fund for 4 years at 12% !!
No sequence of risk offcourse because planner is superb!!
Jul 3, 2020 • 10 tweets • 4 min read
PPFAS NAV 13 Feb: 29.29 (Sensex/~42k)
PPFAS NAV 24th March: 20.15 (Sensex/25k)
PPFAS NAV 3rd July: 28.70 (Sensex/ 35k)
42% from bottom. While most has been saying it's because of Nasdaq, the game changer has been 13% odd cash and bets they took
They had around 12-13% cash. While Sensex is still 17% down from ath and Nasdaq at last ath, let's see how the cash helped
1./ ITC, took 5% punt
2./ They loaded on MCX, CSDL, averaged more on axis
3./ Moved out of nestle and picked Microsoft of almost same value