imran

@Crazynaval IBM 💀💀💀

Kal fir se IT lahu luhan hoga

@actcustomer @InvestRepeat Listing of “NSE”

@Imran_LUHTR @InvestRepeat In unlisted market after listing?

Avendus fund buys PPFAS. Avendus Future Leaders Fund lIl (an AIF) acquired ₹140 crore stake in Parag Parikh Financial Advisory Services (PPFAS). Just over 1% of the company. Selling came from promoters Neil Parikh & President Khushboo Joshi. Avendus holds companies like Lenskart, SBI Insurance, Licious, Juspay etc.

@Keval_IM AMFI registered MFD, and he doesn’t understand the difference between Equity and Arbitrage positioning! Pathetic!

FLEMING GONE!

@RahatTalreja @Crazynaval Bhai aap apna AMC kab khol rahe ho. Batana! Invest karna chahunga.

@Crazynaval so who exactly asks them to deploy funds into cash? their research team , fund manager or sheer lack of ideas to deploy? it's a big position they created 14% so there must be a reason to it. aap kaafi senior gyani ho shayad aapko reason pata ho.

PPFAS changes for June 2026 are out. ~Cash at 14.5% ~ One tiny new position in Petronet LNG ~ Shopped more in IT, ITC, banks, Airtel ~Increasing exposure to few smallcaps (EID/ CMS/Gas stock) ~IT is 9% of portfolio (took a beating again in June but fund is buying more) ~Banks and finance hovering at 25% #onefund

@ggmu4231 @WeekendInvestng Growth is linked to growth in fundamentals. Momentum is linked to growth in price, without caring about fundamentals.

@WeekendInvestng Alok sir, Had a question How is momentum investing different to growth investing?

One by one. Slowly.

@Crazynaval Would rather invest that amount in something like PPDAAF

@Crazynaval Treating it as debt part of allocation has it’s disadvantages. Low liquidity means zero rebalance possibilities

A good framework to see PF shall be 9.5% to 11.5% return not 8.25% tax free along with forced saving. There exist no better instrument for debt part of your asset alloacation for salaried employees.

@SahilKapoor Terminal value is the big overhang for most of these companies. Though at these levels margins of safety is there, but PE alone isn’t a metric to judge the future price returns for them.

@pankajsabnani I am just saying it’s harder to beat in long term. You can gloat 15 yrs later for beating the market

@pankajsabnani No and I am not claiming it as well!

It’s a myth that you can’t time the market. My mutual funds’ XIRR is 21.20% currently and overall returns are 101.59%. Started investing in 2022 and only doing lumpsum. #Investing #MutualFunds

@anuragsingh_as Anurag in his last post- SIPs are good for volatile assets. They might not work as Indian markets are not volatile enough. Anurag today - Please don’t do SIPs in small cap (relatively more volatile asset) This is how flawed the logics of the fake anti SIP prophets are!

@BaluGorade They don’t care about sector calls. They are a momentum based quant fund. They’ll have the sectors automatically when the quant supports.

Capitalmind Flexi Cap Fund was launched in August 2025 at a NAV of ₹10. Nearly a year later, the NAV is still around ₹10. Interestingly, it's probably the only flexi cap fund that avoided both IT stocks and HDFC Bank.

@ThetaVegaCap Watch out for the underdog Oldbridge

New AMC’s are doing good 🔥Abakkus 🔥Helios 🔥WhiteOak 🔥Trust Many people are buying funds from these AMC instead of Traditional One #AMC #MutualFunds

@WeekendInvestng Game theory at its peak

What a soap opera

@BaluGorade Already equal SIPing into Old bridge and Capitalmind, along with ofcourse PPFAS. Two master fund managers and one actual quant fund.

Some of these AMCs have the potential to become the next big names. Curent AUM: WhiteOak - ₹34,000 Cr Helios - ₹9,400 Cr Abakkus - ₹6,000 Cr Old Bridge - ₹3,600 Cr Capitalmind - ₹575 Cr More competition. More choices for investors. Your favourite? 😍

@anuragsingh_as Classic example of great data crunching reaching to wrong conclusions lmao

@Balanced_2016 @TheClubJunto Not showing for 2000. Showing from 2003 which is, again,19.

@Imran_LUHTR @TheClubJunto Look up Trendlyne

Equity Returns Estimates for FY27 2000 to 2024: P/E multiples went from 11x to 22x. EPS Growth: 9% CAGR. Equity Returns: 12% CAGR. Now P/E cannot go from 22x to 44x. So, equity returns must be solely funded by EPS Growth. PE Expansion Era Is Over a. PPFAS Rajeev Thakkar told ET: “People must get accustomed to lower equity returns now.” Why is the seller himself saying: “My product is no longer attractive?” b. From 2000 to 2024, Indian equities delivered 12% CAGR returns for two reasons: (1) EPS Growth was 9% CAGR; and (2) PE multiples doubled from 11x to 22x because investors were betting on India growth story. (So, doubling of the multiple roughly added 3% CAGR on top of EPS Growth of 9% CAGR.) c. Now that engine of PE expansion cannot run again because there is no mind-blowing India growth narrative anymore. So, going forward, equity returns must be funded almost entirely by EPS Growth (plus dividend yield) alone. Equity Returns Formula Total Equity Return = EPS Growth + PE Multiple Change + Dividend Yield EPS Growth = Corporate Earnings Growth PE Multiple Change = PE Expansion or Contraction (What multiple the investors are willing to pay per rupee of earnings) Nifty EPS Growth in FY27 FY25: Est 15%; Actual 3.4% FY26: Est 12%; Actual 4.5% FY27: Estimated 8.5% Note: 8.5% is Bank of America (BofA) estimate, which is the most trusted. Dividend Yield for Nifty 50 = 1.20% (historic low) Total Equity Return in FY27 SCENARIO 1: BULLS ARE RIGHT EPS Growth: 11% (Beats BofA estimates) PE Change: 0% (Nifty PE stays 22x) Dividend Yield: 1.2% Total Equity Return = EPS Growth + PE Multiple Change + Dividend Yield = 11% + 0% + 1.2% = 12.2% SCENARIO 2: BASE CASE EPS Growth: 8.5% (Matching BofA estimates) PE Contraction: -1.5% (Mild downward PE revision) Dividend Yield: 1.2% Total Equity Return: = 8.5% - 1.5% + 1.2% = 8.2% SCENARIO 3: BEARS ARE RIGHT EPS Growth: 4% (Below BofA estimates) PE Contraction: -10% (not 10x) Dividend Yield: 1.2% Total Equity Return = = 4% - 10% + 1.2% = -4.8% (Negative Return) Equity Risk Premium (ERP) ERP is the additional gain (compared to fixed income) for bearing the financial risk + psychological stress of investing in a volatile asset. Is it Worth the Pain? BULL CASE Equity Return: 12.2% Less LTCG: 12.5% Net Return: 10.68% FD return: 7% Less Tax: 30% Net Return: 4.9% ERP = 10.68% – 4.9% = 5.78% BASE CASE Equity Return: 8.2% Less LTCG: 12.5% Net Return: 7.18% FD return: 7% Less Tax: 30% Net Return: 4.9% ERP = 7.18% - 4.9% = 2.3% Strategy for Retail Investors a. If you are a bull, it is worth going 100% into equities because the Risk Premium (Extra Gain) is 5.78% over & above FDs, which will strongly compound over time. b. If you believe the base case, then a small risk premium (extra gain) of 2.3% may not be worth the pain if you are investing for less than 5 years. Over a long period, this small premium will also compound. But for below 5 yrs horizon, the pain-reward ratio looks poor. c. For bears and believers in the base case scenario, it may be best to diversify into gold, FDs, and selective equities. Gold can give superior returns (than 2.3% CAGR). Cash can deliver life-changing returns if the market crashes and you are the only buyer in town. d. Extraordinary returns can still be made in this market if you are a good stock researcher, and have the temperament to stay invested, come hell or high water. Most people overestimate their ability. Endquote [Original] A stock circulates on X after the money has been made. If you have found a stock on X, you have not discovered it. You have been introduced to it. @arabicatrader