In this environment, Deepak Shenoy, founder and CEO of Capitalmind, launched a momentum strategy in his portfolio management service (PMS). In May 2020, he published a whitepaper showing that even the simplest momentum strategies had beaten the broader market since 2000. Momentum investing broadly involves buying the fastest-rising stocks in the hope they will continue … Read more
Guin began his career in software sales, but now works in a strategy role at a large telecom firm, which he transitioned to after earning an executive MBA at the Indian Institute of Management, Ahmedabad. He discovered the FIRE movement on social media in 2018, but his interest deepened during the covid pandemic in 2020. … Read more
I have been investing in mutual funds for the past four years. Last year, I moved to Dubai and am currently a non-resident Indian (NRI). Say, if I exit all my mutual fund investments now, would I have zero tax liability? —Name withheld on request. I am assuming that you qualify as a non-resident (‘NR’) … Read more
Mutual funds in India are not explicitly permitted to invest in overseas mutual fund units, which have exposure to Indian securities. As a result, several mutual funds refrain from doing so. Capital markets regulator Sebi has noted that, in view of the strong economic growth prospects of India, Indian securities offer an attractive investment opportunity … Read more
Nifty Bank Index vs. Nifty PSU Bank Index Investing in mutual funds that track specific indices is a popular strategy for many investors, offering a way to gain exposure to particular sectors of the market. In India, two notable indices that mutual funds often track are the Nifty Bank Index and the Nifty PSU Bank … Read more
Investors who hold joint mutual fund folios have a reason to cheer. The capital markets regulator, the Securities Exchange Board of India (Sebi), has announced to grant an exemption (not an extension!) from nominating a nominee to the jointly-held mutual fund folios. This means that investors who hold joint mutual fund accounts do not … Read more
Use a small portion to treat yourself Before you get down to the business of using the annual bonus for financial planning, you may set aside 10-20% of it. You can use this amount to treat yourself and your family. It is your well-deserved bonus for which you worked hard the entire year. Hence, you … Read more
Choosing the right financial adviser is pivotal in managing one’s finances effectively. And Mumbai resident Balpreet Singh decided early on that he would need the help of an adviser. He then sought the services of Abhishek Kumar, a fee-only Sebi registered investment adviser (RIA) based in Bangalore. Kumar analyses Singh risk appetite and tailored a … Read more
Many investors are already aware of the differences between active and passive funds. And if they are active on social media like X (formerly Twitter), they would also know how often the fans of both sides collide in futile keyboard battles. It is still early days in India for passive funds, but without doubt, there … Read more