Podcast Transcript: My stance on mid-cap funds has been bearish in a while. After the dream run between 2013 and 2017, I started to feel very uneasy about them from September 2017. I had been advising clients to invest in the very funds when the valuations were softer and definitely…
Monetary Policy: As the macroeconomic outlook becomes less transparent the monetary policy committee has only become more steadfast in its neutral stance. This leaves room for all possible outcomes and actions. The neutral stance has often been equated to a status quo for policy rates. So, the rate hike of…
Investment styles in mutual funds are unique. The valuation paradigms of each fund manager drive them. Every fund manager’s approach to risk will be clearly visible in his portfolio. Investment choices speak louder than words. To appreciate a fund manager’s risk construct, all we need to do is to closely…