Parikshit Kabra
264 posts

Parikshit Kabra
@Pkabra01
Investor | Sub-broker, IIFL | Elliot Wave | Behavioural Finance | Learner | All the content here is for journaling and educational purposes.


Mutual funds are one of the best wealth creation tools available to Indians. Low cost. Professionally managed. Transparent. Tax efficient. They have quietly built more wealth for Indian households than almost any other product. But for someone with serious capital, picking the right schemes from 2,000+ options is its own problem. This is where the PMS license becomes powerful. PMS guidelines let you build a selection and allocation layer on top of mutual funds. You get the simplicity and tax efficiency of MFs, with a professional manager curating the portfolio, rebalancing it, and deploying HNI capital with intent. Spoke with @jashkriplani at @livemint on how Mutual Fund PMS works and why it is gaining traction in Indian wealth creator circles. Lower churn. Better after tax returns. Real alignment through profit sharing and the high watermark principle. Worth a read if you are wondering how PMS of Mutual Funds work.



@nature44essence #Netweb 5th pending of larger 3rd wave.



#CAMS Currently in its 4th wave. It is forming a leading diagonal. Wave 4, mostly enters in wave 1 territory while leading diagonal is formed.


#Nifty It has completed the minimum required for wave 4th. (reversing from 0.618 zone). Expecting 5th to start and end soon, probably in this month itself. If you have any chart requests, let me know. It's free.












#CDSL Seems like has finished its 4th wave with RSI diverging. Still it is in a no trading zone for now. There are better opportunities elsewhere. If you have a chart request let me know. It's free.













