The MCA mandate is out and all companies are in a ‘searching’ mode of how to comply with the mandate. Predominantly there are 2 options – buy software, learn the skill and do the tagging yourself, or give your annual return to a ‘conversion’ specialist. The conversion specialist will convert it for you and give […]

Read More →

This morning I was watching television and an expert came…. He was asked what shares to buy…he said buy pharma. He then said buy GSK…. Then he was asked which shares one should NOT BUY…and he said: Do not buy Realty stocks, infrastructure stocks, auto, ….not sure what else..but auto, infra and realty were surely […]

Read More →

One important part of portfolio management is to have self confidence. What I mean is if you have a good company in your portfolio, do not think it is a bad share :). ‘Ghar ki murgi daal barabar’ becomes a reality even while you are handling a portfolio. If say I have 1000 shares of […]

Read More →

The people with old portfolios – some of them in their ’80s is coming from a completely unexpected source (that is what risk is supposed to be, is it not?). My parents lost Cadbury, Kodak, Hoganas, ITW Signode, …significant shares in their portfolio to a ‘buy-back’ in the 1980s…or 1990s, not sure. Buy-back is a […]

Read More →

Over the past few years that the mutual fund industry has existed it has not grown as much as people would like you to believe it has. There are about 800 schemes – equity / predominantly equity schemes. If  you sort the folios PANCARD wise, I do not think there are more than 100,000 reasonably […]

Read More →

I hope there is nobody out there with a gun to lynch me. Let me tell you about 2 contrarian calls that I had over the last 15-20 months, and which made me money. One was gambling that the dollar will strengthen – the world was willing to write it off. Moneycontrol carried the story […]

Read More →

Why is Navi Mumbai real estate so expensive? Or is it correctly priced? Well answers are difficult to get. A decent 2 bedroom apartment costs upward of @Rs One crore. Even for a professional who has a nice starting salary of say Rs. 500,000 gross income (per annum) the cost of a flat is about […]

Read More →