A child comes with a lot of responsibilities for parents. All parents strive to give the best to their children and secure their child’s futures. Planning your child’s future well in advance will prepare you for many stages of your life. One way of doing this is to teach your…
In 2021, the Nifty 50 is up nearly 20% and has doubled from March 2020. The RBI has continued with its accommodative stance while maintaining the repo rate at 4%. Real GDP for the 2nd quarter expanded by 8.40% YoY and for Q1FY22 expanded 20.1%. All constituents of aggregate demand…
2021 saw the markets draw a consensus view that it is alright to buy quality stocks at any price. This view led to a PE multiple expansion in small and mid-sized companies. The PE multiples of small companies never expanded as much as it happened in 2021. This trend was…
Every market context throws up winners. Winners don’t necessarily keep winning. New winners keep replacing older ones. This applies as much to mutual funds and ETFs, as it does to stocks. The winners of yesterday need not be the winners of today. For example, FMCG was a Big winner in…
When a particular mutual fund scheme, or a theme, significantly outperforms the broader market, they receive the highest flows. Inflows happen when valuations are inflated, and businesses are not likely to grow adequately to justify the valuations. During such times, investors have made enough money on paper. But, they need…
The Monetary Policy Committee of the RBI has unanimously voted to keep the rates unchanged at 4% and hold their accommodative stance by a vote of 5:1. This has been backed by GDP and Inflation being in line with their projections. GDP had expanded by 13.70% in the first half…
Here is the transcript if you’d like to read instead: Jaya: Welcome back to Kairos, a podcast on financial planning where we talk about doing the right thing at the right time. Hi Susithra. Susithra: Hi Jaya and hello to everyone who are listening in. Jaya: New year is just…
If you look at what most people have been doing since the first wave of COVID, they have been chasing momentum. Be it small cap stocks, private banks, FMCG or chemical stocks, the general mood is to latch onto a trend. This has become institutionalised. Everybody has been chasing some…
A 3% fall in the headline indices cannot be called a crash. In fact, it cannot even be called a sharp correction. It is just a dip! But our markets are not mentally prepared to even for a dip. Over the past 16 months, we have gotten used to thinking…
2021 continued the strong trend set by 2020. The S&P 500 is up nearly 27% from the beginning of the year and has more than doubled since the lows of March 2020. The federal reserve continued its accommodative stance till November 2021. Liquidity has been injected into the markets via…
The curse of overpricing a very large marquee IPO will always be more than just about numbers. People will not see it as a one-off. The credibility of an ecosystem that was built over months can easily be destroyed in a day. What the markets saw evolve into strongly motivated…
When you are at crossroads in decision making, where do you seek counsel to take the right direction? We seem to be in a time when people have multiple choices for products, assets, and risks. The last 18 months have rewarded risk-taking like never before. It is only natural that…
