5 years ago when I started discussing about Parag Parikh Long Term Equity Fund with investors, I met with deep suspicion. “I have never heard about this fund.” “Will they run away with my money?” “Are you sure we should invest our money with this fund?” “What is their track record?“ The fund was as […]
Quantum Dynamic Bond Fund – Does it have a place in your portfolio?
One of the rudest realisations of year 2020 has been how credit risks in debt funds can come to bite. Now, investors ask, “no equity, no credit risk, give me a safe tax efficient investment option.” In this context, we explore the Quantum Dynamic Bond Fund and if you should prefer it over the RBI […]
FT Update: Payout from Segregated Portfolio – Vodafone Idea 8.25%
Post the Supreme Court Order upholding the winding up of schemes, the cash distribution has started to the unitholders. To read about the payout from the main scheme in Feb 2021, click here. If you are an investor in one of the Franklin Templeton schemes that are in the process of winding up, you have […]
Franklin India Feeder – Franklin US Opportunities Fund
It is now a given that your portfolio needs international diversification. Access to global markets, some of the best, unique and innovative companies, benefit from INR depreciation and future funding of foreign currency goals are the key reasons. In an April note on Motilal Oswal S&P 500 Index Fund, we already covered in a lot […]
Why is Sundaram Midcap Fund such a laggard?
A mid cap fund is one which invests at least 65% of its monies in 101st to 250th stock by market capitalisation (SEBI’s definition). The funds are free to invest the balance 35% anywhere else (large, mid or small). Large caps are the 1st 100 stocks and all others are small caps. We also know that mid and […]
5 questions about debt funds
Over the past week, I have received several questions about debt funds. I am reproducing a few here for your benefit and learning. #1 What is the difference between debt funds and liquid funds? Debt / Fixed Income is an umbrella category / asset class just as equity is. Now within equity, you have large, mid, […]