The markets, subsequent to a smart move which has seen benchmark indices move to new highs and Mid Caps give much higher returns are now faced with a dilemma of greater bullishness in the longer term versus headwinds in the short run. Moreover the May factor is also playing in the minds of most investors […]
Read MoreIn the first three articles I talked about the Mutual Fund industry in brief, the various kinds of schemes and what these schemes stand for. Now I will be talking about what the investor should expect out of their mutual fund investments and why they should not rely on everything that your MF company contact […]
Read MoreIn general Contra funds have disappointed investors over a period of time with their below average performances. The first Contra fund in the mutual fund industry in India was launched by SBI Mutual Fund when I used to work there and I managed the fund for several years. Looking at the performance of the fund […]
Read MoreI am writing after a long time as there was little I found that I could add subsequent to what I had written the last time. As expected we are in the midst of a preelection rally, which I had expected to move to around the 22000 Sensex and 6500 Nifty levels. These levels are […]
Read MoreOver the last few weeks and months huge amount of media has been generated on this topic where lot of arm chair economists are using some ratios of credit to GDP, fixed capital formation and fuzzy data on the wealth management products in China in order to forecast that China is going to collapse and […]
Read MoreOver the last few days as we have seen a selloff in several EM currencies there has been renewed talk of an acronym “Fragile 5” coined by Morgan Stanley. India being part of this group of countries which includes Turkey, Brazil, South Africa and Indonesia is one of the most absurd things that I have […]
Read MoreAAP’s Economic Logic, Not Good for India The germination of AAP as an offshoot from the Anna Anti Graft movement has raised a lot of expectations in the minds of the Indian Middle Class and the poorer class due to the pain that they have suffered in the hands of the Ultra Corrupt UPA government […]
Read MoreThe revival of the investment cycle will require a concentrated attention from the new central government. High fiscal deficit has reduced their abilities to provide incentives or contributions for investments. Under the circumstances they need to facilitate by removing hurdles on projects rapidly. Poor capacity utilizations in industries like Capital Goods, Cement, and Automobiles etc […]
Read MoreIn the first two parts of the series I talked about the various kinds of mutual funds and about Equity MF schemes. Now let’s come to the fixed income part of the Mutual Funds. Now the fixed income part of the mutual funds essentially serves the purpose of treasury management of companies and in the […]
Read MoreOver the last 5 years we have seen a collapse of private investments in India. Gross Capital formation which moved from levels of 20-22% of GDP in the late 1990’s till 2003 peaked out at 34% in 2009-10 and has since come down to 28%. The fall in Private sector investments has been sharper and […]
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