When you buy a car, you pay for it with POST-tax money.

When you lease one through your employer, you pay with PRE-tax money.

That one difference can save you lakhs in income tax in the New Regime.

Here’s everything you need to know. 👇🧵 Let’s start with the basics.

In a car lease program, your employer ties up with a leasing company and a financier.

You choose the car. The leasing company buys it and hands it over to you.

Your employer then pays a monthly rental (deducted from your salary) to the leasing company.

Gold has now outperformed every major equity market in the world.

In 2025 alone, it’s up 57%, the highest annual gain in its history.

But after such a sharp rise, is there still room left in this rally?

Or is it time to turn cautious? Let’s look at what the data says. 🧵 A RECORD-BREAKING RALLY

The scale of this rally has been historic.

Gold was around ₹47,958 in Feb 2022.

In just over 3.5 years, it has surged nearly 150%.

2025 alone saw a 57% increase, making it the strongest year ever for gold.

Until recently, the GIFTING of mutual fund units was NOT possible.

This has changed.

You can now gift mutual fund units to your family, just like shares or cash.

NO need to sell your units. NO need for a demat account.

Here’s everything you need to know. 🧵 If your units were in non-demat form, you couldn’t transfer them until recently.

The only way was to convert to demat and then transfer or add them as a nominee.

Both routes were slow and heavy on paperwork.

Now, the transfer of units is far easier.

Jio Payments Bank is giving its accountholders a facility to earn up to 6.5% “returns”.

But there’s a catch.

It’s not the “interest” you earn on the savings A/C.

Then what is it? Let's decode.

We will also discuss FOUR alternatives that can help you earn similar returns. A🧵 WHAT IS JIO OFFERING?

The payments bank will take your money and invest it in overnight funds – essentially, a debt scheme.

While the advertised return is 6.5%, it’s not guaranteed. Returns are market-linked.

If you don’t opt for this, you get around 2.5% on the savings A/C.

S. Naren of .@ICICIPruMF has spent over 3 decades in the markets.

He has seen it all.

We interviewed him. He talked about:

- How to invest
- How and when to sell
- How to minimise mistakes
- No debt = big crisis
- How to approach gold & silver now
…And much more.🧵 1. INDIA IS NOW A CONTRARIAN MARKET

For the first time in years, India has underperformed almost every major market.

The US, China, Japan, Korea and even Europe have done better.

That is unusual because India normally outperforms.

India’s LARGEST co-working office space provider is coming tomorrow with a ₹3,000 cr IPO.

Some of its key clients are Amazon and JP Morgan.

It’s none other than WeWork India.

Should you apply? A🧵 We will cover 5 key aspects in this analysis:

- Business Model of WeWork India

- Financials

- Competitor Analysis & Valuation

- Key IPO details

- Strengths and challenges

Let’s start.

RBI just announced the BIGGEST banking reforms in 10 years.

They are so significant that even stock markets bounced back today, after a 2-week slide, led by banking stocks.

Let’s break down the 7 key policy changes.👇🧵 1. ENHANCED LIMIT FOR LOAN AGAINST SHARES

Currently, individuals can borrow up to 50% of pledged shares, with a ceiling of Rs 20 lakh per person.

RBI will raise this limit to Rs 1 crore per individual.

This makes borrowing against shares more accessible.

Everyone talks about HDFC Flexi Cap and PPFAS Flexi Cap.

But BOI Flexi Cap has also delivered similar 3-year returns.

HDFC Flexi Cap: 24.20%

Bank of India Flexi Cap: 23.16%

PPFAS Flexi Cap: 22.19%

Do similar returns mean they are equally good? NO.

Here’s why👇🧵 We compared these three funds on 5 key parameters.

1. STANDARD DEVIATION

Standard deviation shows the ups and downs you experience while investing in a fund.

It tells you how smooth or bumpy the ride is.

A lower standard deviation means a stable, less stressful investment journey.

Some investors chose PPFAS for global diversification.

After the RBI's restrictions, its int'l allocation is down to 11% from 30% earlier.

It's not just PPFAS; many other funds are affected.

So, where do you go if you still want to invest abroad?

Welcome to GIFT City. A 🧵 RBI restrictions have forced 37 of 67 international funds to stop accepting fresh money.

Yet global markets are still performing, and the rupee’s steady fall makes overseas assets more attractive.

Indians want diversification, but traditional MF routes are blocked.

There’s a 60-year-old formula that can tell you if a stock is cheap or overpriced.

Created by Warren Buffett’s mentor Benjamin Graham, it’s simple, practical, and almost forgotten.

And the best part? You don’t need an MBA or CFA to use it.

Let’s break it down. A🧵 Benjamin Graham came up with this formula to calculate a stock’s true value.

Formula: V = [EPS × (8.5 + 2g) × 4.4] / Y

It might look a bit mathematical, but don’t worry, it’s very simple.

Here’s what each component means 👇

How much are you saving for your child’s higher education?

₹20 lakh? ₹50 lakh? ₹1 crore?

What feels “safe” today could look like pocket change in 15–20 years.

Here’s the real math behind education planning 🧵 The hardest part? You don’t know the path your child will take.

India? Abroad? Or something completely different — sports, music, arts?

Each path comes with a price tag that can shock you.

Motilal Oswal Mid Cap slashed cash from 31% in May to just 2.8% in August.

PPFAS Flexi Cap, despite record inflows, is still holding over 20%.

Two opposite calls.

Here’s what India’s 4 popular funds are doing. A🧵👇 We analysed the portfolios of the 4 popular equity schemes.

These were the funds that saw the highest inflows in their respective categories.

-Motilal Oswal Mid Cap
-Parag Parikh Flexi Cap
-Bandhan Small Cap
-Nippon India Large Cap

Here’s what we found.👇

The NPS will soon see sweeping changes.

- You can invest 100% in equities
- Invest in multiple equity, debt and hybrid funds
- You will be able to withdraw 80% of the corpus on maturity
…and much more

Let’s look at some of the big changes coming to NPS.

A 🧵 Some changes are already locked in. They take effect this October.

Other reforms are still “proposals”. The Pension Regulator (PFRDA) will finalise those after stakeholder feedback.

Let’s start with what’s already confirmed. 👇

HDFC AMC makes a ₹70 net profit from ₹100 sales.

Bharti Airtel makes ₹21.6, Reliance just ₹7.5, and Zomato only ₹2.6.

Why such a huge gap?

The secret lies in Gross, Operating & Net margins.

Let’s break down how profits really flow across industries. A🧵 1. Gross Margin = (Revenue – Cost of Goods Sold) / Revenue

It shows how much profit survives after covering the cost of making a product or service.

Let’s say you sell a t-shirt for ₹500.

Fabric & stitching cost is ₹300

Gross profit = ₹200 → Gross Margin = 40% (200/500)*100

When you want to be healthy, you go to a hospital.

But, for a healthy growth of your investments, which hospital stocks should you pick?

We compared the 3 biggest hospital stocks – Apollo, Max, and Fortis.

Which one deserves a spot in your portfolio? Let’s find out. A 🧵 We will cover 3 key aspects in this analysis:

- Business comparison
- Sectoral metrics
- Financials and valuations

By the end, you’ll know which stock stands out.

Manish Gunwani has changed the game at Bandhan Mutual Fund.

Under him, equity funds have bounced back, and his small-cap fund is a star performer.

Here are SEVEN insights from our podcast that could change how you invest. 🧵 Buy-and-hold doesn’t work in small caps. They are too sensitive to policy and macroeconomic changes. Therefore, one must actively manage the allocation.

𝐒𝐡𝐨𝐮𝐥𝐝 𝐲𝐨𝐮 𝐩𝐫𝐞𝐩𝐚𝐲 𝐲𝐨𝐮𝐫 𝐥𝐨𝐚𝐧 𝐨𝐫 𝐢𝐧𝐯𝐞𝐬𝐭 𝐢𝐧 𝐚 𝐦𝐮𝐭𝐮𝐚𝐥 𝐟𝐮𝐧𝐝?

Here’s some fresh perspective on this age-old question.

A 🧵 An example will make the discussion easy.

Say you have a ₹50 lakh home loan.

Interest rate = 9%

EMI = ₹44,986

You have ₹1 lakh in your pocket and confusion in your head – should I prepay or invest?

Urban Company is coming up with a ₹1,900 crore IPO.

It will be the first-of-its-kind listed business in India.

Is it worth investing in?

Let’s find out. A🧵 We will cover 5 key aspects in this analysis:

- Business Model of Urban Company
- Financials
- Valuations
- Key IPO details
- Strengths and challenges

Let’s start.

What if you only invested in companies that give the best returns?

Can you beat the markets with such a ‘Winners’ Portfolio’?

We did the maths.

₹35 lakh invested over a decade would’ve become ₹1.31 crore.

Let’s break it down. A🧵 Let’s briefly discuss what we did.

A. We looked at 35 stocks with the highest returns starting FY15

B. Invested an equal amount in them

C. We sold them after a year and invested in a new set of stocks that had the best return

D. Repeated this exercise for a decade

Can you select stocks based ONLY on the RETURNS?

To find the answer, we ran numbers.

We compiled a portfolio of stocks that yielded the highest returns each year, and invested in them.

Result?

These stocks easily outperformed the markets. A🧵 Let’s briefly discuss what we did.

A. We looked at 35 stocks with the highest returns starting FY15

B. Invested an equal amount in them

C. We sold them after a year and invested in a new set of stocks that had the best return

D. Repeated this exercise for a decade

The government has announced a major GST cut.

Earlier this year, two other major reforms were rolled out.

A. Taxes were lowered

B. Three rate cuts, reducing interest rates by 100 bps.

What do these THREE big steps signal for the economy? A 🧵 For years, private investment has been losing steam.

In FY24, the private sector’s share in total investment fell to 32.4%.

That was an 11-year low, according to the latest data from the Ministry of Statistics.

In short, companies have remained cautious about expanding.