Posts in category All News
Meta’s Ad-Free Subscription Violates Competition Law, E.U. Says (01-07-2024)
Market cap of BSE-listed firms hit lifetime high of Rs 443 trillion (01-07-2024)
Microcap momentum portfolio (01-07-2024)
- My look back dates are 1y and 6m are 30/06/2023 and 29/12/2023 respectively.
2a. As I was mentioning, instead of looking at the index values, if we were to look at NAV of some MF, that might be a good reference. The NAV of this MF might also suffer from same issue of weightage as it is purely passive investing. However, it is good comparison as that is what an investor will get if he had invested in that fund. I did a quick check on the NAV of this fund and compared from 09th May (when I started to compute NAV) to 28th June. Motilal has given a return of 15.68% and this pf has given 17.67%.
2b. Thanks for your clarification. This is quite possible. We have chosen 25 out of 250 stocks for investment. On days when the stocks outside our 25 go up or when stocks in our 25 go down, then clearly we will underperform the index. However, over longer periods, I expect that this pf will benefit by the same logic that we are holding just 25 of the strongest stocks. I might compare the returns with this fund on 1m, 6m and 12m basis going forward (as and when my NAV data becomes mature).
Thanks for your recommendation regarding Wesley Gray’s book. Will check it out.
Shriram AMC – Waking up after a hibernation. Mcap 300cr (01-07-2024)
Seems they are launching their own PMS now.
Sirca Paints India Limited (01-07-2024)
‘Yes. So, considering that exports will be a focus area and we are expecting it from these three containers which are going out in the market, we will have some commitments of the containers from each country, we will be doing 100% of CAPEX on the wood coating facility in the Gujarat region, space already identified with the minimum CAPEX, which will stand under Rs. 10 crores. But from the existing facility also with the 16,000 tons capacity yearly in single ships, we are already aligning ourselves and planning ourselves to take it to double shift’ page no 13… they wanted to say 16000 ton…
10-year treasury yields rise to highest since mid-June at start of holiday-shortened week (01-07-2024)
The industrial prudentil and investment company (01-07-2024)
Not sure why this holding company of KSB Ltd trades at very high discount of more than 85% (Rs 3650crs stake of KSB) + 475-500crs liquid shares held.
Is there any corporate governance issue with this co or KSB Ltd?
Disclosure: Invested . Not a registered RIA. Not a buy/sell recommendation. Just seeking views. Consult your Investment Advisor.