The word B can stand for Bright or Bleak. Let us look at the optimistic side (Bright) side first….   Rs. 5000 crores a month is flowing into the Mutual fund industry – predominantly non debt Inflation is at 3% giving real returns (pre tax) even in savings account Unemployment is not raising its ugly […]

Not very long ago..in the 1990s people would buy an amby and fiat…second hand..at a price at which the ORIGINAL owner had bought. It means you bought an amby for 38000 used it for 8 years and then sold it off at 38,000Rs. Many people would say “I will not sell it at below cost”. […]

The biggest beneficiary of the MF boom of course is Cox and Kings. Most fund houses are wining and dining in some part of the world, perhaps far removed from India. Foreign trips are a given, and an Indian trip is thrown in too. When you talk to a fund house, they tell you that […]

People lose money because of greed, stupidity, overconfidence….or what? I saw a couple who had ‘invested’ Rs. 22 lakhs in a fixed deposit with a company. On probing I found that he had retired from government service and she had retired from a private sector job. He had a pension and she had a provident […]

It is very difficult to meet some over enthusiastic investor (increasingly in my life, doctors) who have a very long list of what a portfolio requires. They start by saying market cap, style, diversification, direct equity, fixed deposits…and really my head goes for a toss. So in very simple language what would I think are […]

See the market capitalisation of Hdfc Ltd, Hdfc bank, Icici bank, Icici Prudential life, SBI, Kotak bank, and Axis bank. Just taken these as examples to say what I wish to say further. Hdfc Ltd is a simple home mortgage company with good margins. Make no mistake the fund borrowing pricing and the lending pricing […]