Did you hear back anything?
Their spree of opening subsidiaries isn’t ending. What are they cooking?
Did you hear back anything?
Their spree of opening subsidiaries isn’t ending. What are they cooking?
That’s is very correct. There can be thousands of successful investment strategies, we just need to choose what suits us.
I have never been a fan of mutual funds. My whole investment in mutual funds was only ELSS, to save taxes. Lately I have taken some interests in mutual funds for specific reasons.
I took interest in Quant Momentum Fund, just to see momentum strategy in action. I am yet to see it in bear markets, though in market corrections I didn’t find anything alarming. I also subscribed to Motilal Oswal Defence Index Fund as I am not finding any defence stocks which a value investor in me can buy.
In general I am not finding any good bet in present market’s valuation. Thus looking at MF space a bit closely for some investment opportunities.
A few points here.
SBFC Finance does 98% secured lending, yet their NIM’s are ~10%. Fedfina does 85% secured lending with NIM’s at 8%. Cost of funds for microfinance companies are in the range of 11-12%, whereas for Five-star Finance, it is 9.7%, so the disproportionately higher NIM’s are not due to lower cost of funds.
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