Indian Stock Market and Mutual Funds

altair21 said:
why are you moving away from motilal?
Click to expand...
currently motilal funds are very concentrated funds , it is outperforming it peers even in volatile times but that doesn't last forever .so you would want to put your money in more diversified fund to hedge
aadilxdev said:
This is the current investment, I do get little bit of money from here and there with some content writing etc so this is the full portfolio for now:
Groww Nifty Indian Defence ETF - 5k
Tata Small Cap Fund - 2k sip
Motilal Oswal Large and Midcap Fund - 2k
Motilal Oswal Midcap Fund - 1k
ICICI Prudential Nifty Next 50 Index - 1k
Click to expand...
i would rather say get a term insurance if you are allowed to and plan should be such that you can increase the cover..As soon as you get a proper job and increase the amount .You will save alot in long term and cover too will increase. Investment and term insurance needs to be picked up early .Pickup a cover upto age 80 and if possible above .But premium paying should not go above 60 years of age. And yes buy online to avoid agents etc reducing premium amount.
 
Last edited:
  • Like
Reactions: altair21
EHH said:
Is there a way to convert/import CAMS or KARVEY CAS statement pdf to Excel ?
Click to expand...
I have this bash script to do it (slightly modified here for excel compatible CSV) :

Code: 
pdffile="$1"
pdftotext -layout $pdffile -upw  password
txtfile=`basename $pdffile .pdf`.txt
tail -n +20 $txtfile | head -n 35  | grep -E -i -w 'CAMS|KARVY|SBFS|KFINTECH' | grep -v SEGREGATED | sort | awk '{print $(NF-1)"|"$(NF-4)}'  | tr '\n' '|' | sed 's/,//g' | tr '|' ',' | grep -v '^0.00'
 
burntwingzZz said:
currently motilal funds are very concentrated funds , it is outperforming it peers even in volatile times but that doesn't last forever .so you would want to put your money in more diversified fund to hedge
Click to expand...
what fund would you suggest?
I'm really interested in the INDMoney route too and invest directly in US MFs, can anyone share what are the transactions costs/losses in doing so?
anmolbhard004 said:
yes its good in last 6 months when the correction in indian market started all small caps have given negative returns [ quant gave -4%, nippon -.5%] in this period
only few gave positive
tata gave 4%
motilal small cap gave 18%
Click to expand...
dont look at temp returns, thats the worst metric to judge on
 
For people who are very excited about the latest fad ( these days - 'psu/defence/smaller the better' - but that changes), understand risk too.
Forget amateurs, even professionals can get carried away and F up badly.

Look at JM Core 11 regular fund 2008. Probably they were overweight construction/infra in those days ( they were hot then).

https://www.valueresearchonline.com/funds/6673/jm-focused-fund/

See full history.
10 Rs ( nfo price) became 1.83. Fund couldnt really recover from this, so its basically price destruction vs index.

For amateur stock pickers it will be worse. Not saying this will happen anytime soon, but understanding risk is imp.
I say this because almost everyone is now preferring midcap/smallcap/smaller these days looking at past returns.
Sector bets are probably the riskiest if you dont know what you are doing ( be sure about that ) and chase the latest hot stuff

Good luck !
 
Last edited:
  • Like
Reactions: Simar
Tracer_Bullet said:
For amateur stock pickers it will be worse. Not saying this will happen anytime soon, but understanding risk is imp.
I say this because almost everyone is now preferring midcap/smallcap/smaller these days.
Click to expand...

Yes, many people seem to see midcap/smallcap returns of last 2 years and think this is their gateway to instant richies. They have major SIP value in these and not more safer ones like large cap/index. While the portfolio movement is a lot when it comes to mid/small cap, it is because they are most volatile.
In longer periods of downturns, these can destroy wealth.
 
  • Like
Reactions: Simar
Top Bottom