3 year monthly SIP return of Multi Asset Mutual Funds. (Data till 25th Sept)
Fund Score is calculated by assigning
1. 10 points for best XIRR, 9 points for 2nd best & so on.
2. 10 points for least Std Dev & so on.
3. Then both 1 & 2 points are summed up to get to Fund Score.
In last 5 years, many of SBI Mutual Funds schemes have really performed poorly compared to other funds of same category.
SBI Mutual Fund is one of the largest AMCs as per AUM.
Seems like their style isn't working out in current phase of the market.
5 year monthly SIP return of Midcap Mutual Funds. (Data till 25th Sept)
Fund Score's goal is to kinda map out top 10 AUM funds on a comparative basis which has given the highest return with least volatility.
My feeling is 'burnout' in the IT or tech industry will be growing.
Top management folks wants much faster code delivery now as they're spending money on AI accounts for each developers.
Also cutting teams as "you can take help from AI & get it done".
So one person will have
5 year monthly SIP return of Smallcap Mutual Funds. (Data till 25th Sept)
Fund Score is calculated by assigning
1. 10 points for best XIRR, 9 points for 2nd best & so on.
2. 10 points for least Std Dev & so on.
3. Then both 1 & 2 points are summed up to get to Fund Score.
Fund
More than half of the world's top AI talent is being produced by China.
Looks like China has massively started upskilling people on AI related education paths.
> PPFAS Flexi Cap & Nifty 50 Fund out of most bought list again.
> Mid & Smallcap funds received massive inflows.
> For the first time, a PPFAS equity scheme has been heavily sold.
This is from mutual fund platform Kuvera's last week platform data.
FDI into India increased 6.4% YoY to hit $19.8 billion in Q1.
Top investors into India:
๐ฏ๐ต Japan $5.71 billion
๐ธ๐ฌ Singapore $5.22 billion
๐ฒ๐บ Mauritius $2.31 billion
๐ณ๐ฑ Netherlands $1.38 billion
๐บ๐ธ USA $1.34 billion
๐ฆ๐ช UAE $868 million
Top 5 sectors that received investment:
Bloomberg mapped the global economy (GDP growth)
โข In last 10 years, India was the 2nd fastest growing nation.
โข In coming 10 years, India will be the fastest growing nation, while further increasing itโs GDP growth.
โข Chinaโs growth rate to be almost cut in half in this
Some international mutual funds have reopened for new investments, but don't rush it out of FOMO.
Funds that are open are all actively managed funds. And its very clear from years of data that its incredibly difficult for international active funds to outperform the index.
Even
OECDโs September forecast states that India will be the fasting growing economy among all major countries.
Also it raised its forecast the most for India.
Oil prices in India may be hiked soon. Seems likely.
โข Houthis striking Saudi oil.
โข Ukraine striking Russian oil
โข East-West pipeline remains impaired forcing more dependency on Hormuz, while Iran striking Hormuz.
โข Armed groups trying to shut valves on Libyaโs Sharara
While India is rightfully furious with the demonic incident in #Jamui.
We should be equally furious with the bhojpuri & other local songs kids grow up hearing.
If you just listen to the lyrics of most of these songs its straight up objectifies women to the most disgusting level
Oil prices in India may be hiked soon. Seems likely.
โข Houthis striking Saudi oil.
โข Ukraine striking Russian oil
โข East-West pipeline remains impaired forcing more dependency on Hormuz, while Iran striking Hormuz.
โข Armed groups trying to shut valves on Libyaโs Sharara
While India is rightfully furious with the demonic incident in #Jamui.
We should be equally furious with the bhojpuri & other local songs kids grow up hearing.
If you just listen to the lyrics of most of these songs its straight up objectifies women to the most disgusting level
India is an interesting country, within just 2 months
One person had to resign for not stopping cheating.
Another person had to resign for stopping cheating.
As its said, India disappoints both the optimists & the pessimists.
The Economist is reporting that Indian economy is an outlier among a global slowdown. ๐ฎ๐ณ ๐
GDP-per-person for Brazil, Russia and even China is witnessing a fall but this metric is rising substantially for India.
Leave AI stocks & gold, the best trade which Indian finance circles is not talking about is Whey.
Last month bought 1kg whey protein for โน3937. Today checked that same exact thing is showing โน4799.
Thatโs 22% increase in 30 days.
You would probably reach your FIRE number by
Majority of people around me are now investing more in US, saying Indian story is over.
Majority of brokers are launching US investing.
Majority of Indian finance podcasts now talks more about buying US.
Majority of my DMs are about how to invest in US.
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