Thanks for your valuable thread. Really awesome journey and your honesty.
In last 7 years you have achieved around 15% CAGR. If we dwelve about LTCG and STCG taxes as your churn has been very high, may be around 2% can be subtracted by way of taxes, so net returns are around 13%.
My questions are :
- Many active funds in flexicap category like HDFC flexicap, SBI focused equity have given more returns than that.
- Small cap category funds like SBI small cap, Nippon India small cap have given very high returns compared to above returns.
So does it make sense to handover our funds to them, instead of we doing it? - Also above active funds return goes on to show that there is lot of steam left in active fund management compared to passive indexing.
- i saw your interview on Shankar Nath You tube channel about coffee can investing. Its very good. But what i have watched your entire journey is basic paradigm of coffee can investing is select 15 companies and hold them for 10 years, no in between churn, adding, or removing, nothing. After 10 years, you will open your coffee can and see out of those 15 companies which one has survived and which have been multibagger and which have gone bust. But i m confused here that i see your constant buying and selling, which may be for right reasons, but this doesnot follow coffee can portfolio principles…Am.i.missing something here? Kindly help.
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