Toppers in different categories by 1-year returns:

- Mid Cap: Motilal Oswal Midcap

- Large & Midcap: Motilal Oswal Large & Midcap

- Flexi Cap: Motilal Oswal Flexi Cap

What has worked for @MotilalOswalAMC?

We dug into their portfolios & found 4 fascinating insights. A 🧵 1. Common Stocks

There’s a lot of overlap among the top holdings of the four schemes.

For instance, they all have sizable investments in Kalyan Jewellers, Trent, & Zomato.

Interestingly, these are missing in the Focused Fund, which hasn’t done well.

Vishal Mega Mart’s ₹8,000 crore IPO is here.

The retailer lags behind its rival DMart in profits. But it’s growing faster & has more stores.

However, this IPO has ONE BIG concern & many investors may not like it (Refer to Tweet 9).

Let’s dive into the details. A🧵

(1/15) We will cover 5 key aspects in this analysis:

- Vishal Mega Mart’s business model
- Financials and valuations
- Compare its numbers with Avenue Supermarts
(DMart)
- Key IPO details
- Strengths and challenges

Let’s start. 👇

(2/15)

When markets tumble, small-cap funds usually fall the hardest.

Large-cap funds tend to hold up better.

But over the past two months, it has been the complete opposite.

Why did this happen?

Is it time to invest more in small-cap funds?

A 🧵 This performance of small-cap funds is in line with the returns of their benchmark.

In the last two months, Nifty 100 fell 8.2%.

Meanwhile, Nifty Smallcap 250 dropped nearly 5.7%.

There are two key reasons for this unusual trend.

Last 10-year returns of some top-performing Focused Funds:

Quant Focused Fund: 16.91%
Franklin India Focused Fund: 15.41%
SBI Focused Fund: 15.32%

But there’s a little-known name which has done even better. Which is that dark horse?

What has been its secret? A 🧵 We are talking about 360 One Focused Equity Fund.

It has recently completed 10 years and has also been the top performer over the last decade.

That said, this scheme has had its ups and downs.

Let’s review its performance & strategy.

NTPC Green Energy has come up with this year’s third-largest IPO.

But much of the discussion is around its valuations.

Even though it's smaller than Adani Green Energy on multiple metrics, NTPC Green Energy’s valuations are much higher.

Is this IPO worth considering? A 🧵 We will cover 3 key aspects in this analysis.

- Understand NTPC Green’s business model

- Compare financials & valuations with Adani Green

- Looks at some key IPO details

Let’s start.

Markets tumbled in Oct, giving cash-heavy mutual funds a buying opportunity.

But, funds like PPFAS Flexi Cap & SBI Contra raised their cash holdings.

We looked at 5 such latest mutual fund trends. A🧵

Don't miss Tweet 6. It has stocks that MFs bought after steep correction. 1. Cash Holding

31 diversified equity funds in September were holding over 10% cash.

By October, this number was reduced to 25 schemes.

So, there are exceptions, but most schemes have reduced their cash holdings last month.

You can check some popular names in the table.

Imagine 3 years ago, you invested ₹1 crore in Nifty Midcap 150.

Kept withdrawing ₹1 lakh every month via SWP.

In 3 years, you redeemed ~36% of your initial corpus.

Yet, your current investment value is ₹1.27 cr.

SWP looks amazing on paper.

But it can be problematic.🧵 Before we dive into the “real” math, here are some basics about SWP. 👇

An SWP allows you to redeem in a phased manner.

So, it averages the price at which you exit the market & helps you avoid redeeming all your investments at a market low.

In a way, an SWP is the opposite of an SIP.

The last 1-year returns of Edelweiss Mid Cap Fund are phenomenal.

Scheme’s returns: 59%
Category average: 48%
Benchmark: 45%

Based on 1-year returns, it is among the top 5 mid-cap funds. But is it a consistent performer?

We reviewed its performance & strategy. 👇

Retweet the🧵to educate more investors. Before we jump to the numbers, here is some important background.

Launched in August 2011, the fund has been rechristened multiple times.

For instance, in 2016, Edelweiss acquired JP Morgan.

And JP Morgan Mid and Small Cap Fund was merged into Edelweiss Emerging Leaders Fund.

The benefits of SIPs are well-known.

However, some hard facts about them deserve more attention.

We will explore 3 such overlooked realities in this explainer. 👇

Bookmark this🧵to revisit it later.

Also, consider retweeting it to educate more investors. 1. SIP Amount Is More Important Than Returns

Say you start two SIPs of Rs 5,000 each for 20 years.

1st SIP: You invest a fixed amount and earn 14% returns.

2nd SIP: You increase the investment amount by 10% every year but make only 10% returns.

What will be the outcome?

Swiggy is coming up with an IPO tomorrow.

It plans to raise over Rs 11,300 crore through this IPO.

Can Swiggy deliver returns like its rival Zomato?

Let's check its fundamentals and valuations.

Retweet the thread🧵to educate more investors. We will cover 3 key aspects in this analysis.

- Swiggy’s business model (look beyond food delivery)
- Compare its financials & valuations with Zomato
- Check some key IPO metrics

Let’s start. 👇

Which Flexi Cap fund has been the top performer over the last three years?

Hint: It isn’t PPFAS Flexi Cap or Quant Flexi Cap.

The answer is JM Flexi Cap.

And its popularity is going through the roof.

So, we reviewed its performance and investment strategy. A 🧵 Let’s start with its performance.

- TRAILING RETURNS

We checked the fund's 1, 3, 5, and 10-year trailing returns.

It has outperformed the category average and its benchmark in all time frames.

It also ranks among the top 2 schemes in the category.

It is auspicious to buy gold on Dhanteras.

But is it more rewarding than doing an SIP in gold?

We crunched some numbers & the result was surprising:

Gold SIPs aren’t really better than buying gold once a year in Dhanteras.

More details are in the thread.🧵👇 First, we calculated the SIP returns of gold.

For this, we considered a monthly SIP of Rs 10,000 in Nippon India Gold ETF BeEs. A 10-year SIP gave 12.80% returns.

Then, we calculated returns for someone who bought gold just once every year on Dhanteras. The 10-year returns were similar.

Nifty 50 is ~8% down in the past 1 month.

Concerns about market overvaluation are mounting.

Foreign investors are on a selling spree.

Amid such tough times, where are top fund managers investing?

To find an answer, we examined the portfolios of 5 veteran fund managers. (Details in image). A🧵 We will cover 3 key aspects in this thread:

- Analyse how much cash these fund managers are sitting on

- Examine if they are leaning towards large-cap, mid-cap or small-cap stocks

- Look at the sectoral calls of these 5 fund managers

Let’s start. 👇

Do you know which company built the iconic Atal Tunnel and Chenab Bridge?

The answer is Afcons Infrastructure, a Shapoorji Pallonji Group company.

Afcons is coming up with an IPO.

Should you invest in it? We will check the company’s fundamentals to find out. A 🧵 We will discuss 3 critical aspects in this explainer:

1. Business model
2. Financials & valuations
3. Key IPO metrics

Let’s start. 👇

PNC Infratech, a favourite stock of mutual funds, crashed 30% this week.

Mutual funds hold ~24.5% stake in this company. Notable schemes include HDFC Small Cap, Nippon India Small Cap, etc. (See image)

How will this impact mutual fund investors? A 🧵 First, let’s understand why PNC Infratech has crashed.

It turns out some PNC officials were allegedly bribing people at the National Highways Authority of India (NHAI).

After a hearing, the Ministry of Road Transport and Highways (MoRTH) has banned PNC Infratech from participating in NHAI tenders for a year, effective October 18, 2024.

Zomato's stock has been on a wild ride.

After its IPO in 2021, it crashed to a low of Rs 41.7 in July 2022.

But in the last two years, it has skyrocketed to touch new highs. (See image)

Is this a turnaround or a trap? Let’s find out. A 🧵 Let’s start by taking a closer look at Zomato’s businesses.

It is not just a food delivery app.

It has 3 other business segments:

- Quick delivery of products (Blinkit)

- Going out: For dining out and event ticketing

- Hyperpure: Supplying restaurants with food ingredients

In recent years, Nifty 500 Value 50 has outshined Nifty 500.

But is this a long-term trend as well?

Also, other than Nifty 500 Value 50, there are a few other value indices.

How do they compare against each other?

We deep-dived into data to find answers. A🧵👇 What will we cover in this explainer?

- Construct (stock selection criteria) of Nifty 500 Value 50

- Performance against Nifty 500

- Performance against other value indices

Finally, we will look at schemes through which you can invest in this index.

Should you invest in the Hyundai Motor India IPO?

To find an answer, we will analyze 3 crucial aspects:

- Business model
- Financials & valuations
- Key risks & IPO-related details

Retweet🔄the thread🧵to educate more investors. Part 1: Business Model

Hyundai Motor India is part of the Hyundai Motor Group, which is a giant in the global automobile industry.

For perspective, in 2023, Hyundai Motor Group was the third-largest auto manufacturer globally in passenger vehicle sales.

Aggressive Hybrid Funds have consistently beaten the Nifty 50.

So, we decided to compare the 3 largest schemes in this category:

- SBI Equity Hybrid Fund
- ICICI Pru Equity and Debt Fund
- HDFC Hybrid Equity Fund

If you find this🧵helpful, please RETWEET it. 👇 We will deep dive into their performance.

But first, let’s briefly understand this category.

Aggressive Hybrid Funds invest in both equity & debt.

Equity allocation can vary between 65% and 80%.

Debt allocations can range between 20% & 35%.

Guessing winners and losers in the market is tough. (See image)

So, many prefer investing in the entire market through Nifty 500.

But now it has a challenger: Nifty Total Market Cap.

Is it the best broad market index to invest in markets?

Let’s find out. A 🧵 The trailing returns of the Nifty Total Market Index are pretty impressive.

It has done better than broad indices like Nifty 50, Nifty 100 and Nifty 500.

Is it always the case?

We will examine this in detail. But first, let’s understand its construct.

During tough times, pharma stocks are considered a good bet.

So, we reviewed India’s 3 largest pharma companies:

- Sun Pharma
- Divi’s Labs
- Cipla

Let’s see which one is the best. 🧵👇 We will check 11 key metrics of these pharma companies to analyze 3 key aspects:

- Financials

- Stock’s performance

- Pharma sector-specific metrics

But let’s first understand the key difference in their business model.