Keep your face always
towards the sunshine...and shadows will fall behind you. - Walt Whitman

Articles on Intellectual Investing from

Insurance vs Investment

Posted 2 weeks ago

We are into the month of February, the eleventh month of the financial year which spans from April to March. Historically the last three months of the financial year, i.e. Jan to March, have seen an increased demand for Insurance products in India. This is because the premium paid for Insurance products qualify for a tax deduction under section 8C of the Income Tax act up to an annual limit of Rs 15,. This is quite liberal a limit for most Indians where the average annual per capita income is on......... Read the complete article

2019 - Letter to Clients

Posted 1 month ago

After a lackluster 218, 219 turned out to be another difficult year in the stock markets for Indian investors. Here is how the year panned out for various asset classes during the year. Asset class 219 return Gold 23.8 PPF 7.9 NSC 7.9 Debt ultra short 6.92 Post office 3-year deposit 6.9 Debt Liquid 6.32 Fixed deposit (1-3 years) 6.25 Nifty 5 12.2 Nifty Midcap 1 -4.32 Nifty Smallcap 1 -9.53 icAdvisor average -2.84 No one could have guessed it at the star......... Read the complete article

Do you know your fund’s TER?

Posted 5 months ago

Like a growing number of Indian investors, you most likely invest in Mutual Funds on a regular basis. You are also perhaps aware that Mutual Funds charge a certain percentage of their Assets under Management (AUM) for managing the fund. This expense is known as the Total Expense Ratio (TER) and it is a number regulated by SEBI. The maximum TER that funds can charge as management fees depends on the size and type of the fund, as shown below: AUM slab (Rs cr) Equity oriented schemes – max TE......... Read the complete article

Nifty drops below 11000 again. Should I exit now?

Posted 5 months ago

The benchmark Nifty ended the week at 1,829 bouncing back from a 6 month low of 1,637 in the final trading session of the week. The sudden uptrend in the Nifty started after about 1 pm on Friday afternoon, which probably means that the market had got wind of the impending policy announcements by the Finance Minister later in the day. And right on cue, these announcements came after the close of the markets. The Finance Minister Ms Nirmala Sitharaman sought to assuage investor sentiment by rollin......... Read the complete article

Nifty drops below 11000, what to do now?

Posted 6 months ago

Thank God, July has ended. We have just gone through the worst July in the Indian stocks markets in the past 17 years! This chart (courtesy Mint) conveys the extent of the carnage on Dalal Street in July.The selling in the month of July was led primarily by Foreign Institutional Investors who were spooked by the budget proposal to increase the Income tax surcharge for the super rich. This was compounded by sluggish earnings for the June quarter suggesting a serious slowdown in the Indian economy......... Read the complete article