AmeyaD
15.7K posts

AmeyaD
@ameyanifty
#trendfollowing #momentum #technofunda Footballer, Spurs Fan. Do not have a telegram or WhatsApp channel. No paid services offered.







Take a look at arbitrage fund expense ratios! 1% charge on a 6% return kind of product. Meaning you are giving away approx 16% to your bank/MFD and you don't even know it! It is absolutely insane! thefynprint.com/a4mtgeVyE






Today, citizens & corporators, hawkers and pmc officee gathered at KNP to discuss footpath encroachment, hygiene & traffic chaos. Turnout was impressive. So was the irony of blocking the footpath to discuss blocked footpaths. #KNPChaos 🧵(1/n)




#nifty hit resistance zone of 24300-24500 Some profit booking is possible here. lets see..



We will keep paying income tax, STT, Capital Gains. Political parties will keep on giving freebees, increase reservation to buy votes. We derailed from Vikasit Bharat... People governing need to understand this before its too late. - Annoyed, dejected taxpayer.





Is PPFAS going the RAJESH KHANNA WAY ?? Rajesh Khanna was the Original Superstar. Right from his debut in 1966, he was a successful star. He was like a Breath of Fresh Air, very different in Style & Mannerisms from the previous era heroes. He attained Superstardom with Aradhana in 1969 & went on to rule the screen for the next 4–5 years. After the mid-70s, his films began to flop, though he continued acting with a sprinkling of hits over the three decades. But he never regained the cult status of his first decade. When I met him in 1987, he still looked like a Greek God; was still charismatic; had a strong cult following, but his films were just not working. The reasons were clear: 1. Choice of scripts: Rejected Zanjeer; Deewar; Amanush; Parvarish;Seeta Aur Geeta Mr. India etc 2. Holding on to his "romantic" image & not changing with the times 3. Rigidity in approach & style, justifying his actions even though it was backfiring 4. Depending on his erstwhile cult to flock to theatres PPFAS started in 2013 & was like a Breath of Fresh Air in the murky world of mutual funds 1. Great pedigree 2. Unique style & approach 3. Caught the boom in MF investing & attained superstardom in the first decade NOW is the crunch time: They are the best-performing MF over the past decade However, they are not even in the top 10 over the last 5 years They have been fighting for the 20th place over the past 3 years Last year, they delivered negative returns even though they diversified into US equities, which they wear as a badge of honor So what gives ?? 1. Their choice of scrips: They are a Flexi-cap fund & benchmarked to CNX 500, which has a weightage of 70% to large caps, 20% to midcaps & 10% to small caps, yet their fund is focused on large caps to the extent of nearly 90–95% 2. Holding significant cash (more than 20%) during the last 3 years 3. Rigidity in approach & style, preferring large caps whenever they invested incrementally & in Large Caps which were erstwhile heroes, e.g., ITC; HDFC Bank; TCS, even though the strategy was backfiring & shunning opportunities when there were bargains in stellar Midcaps & Small Caps in the recent correction. 4. Hoping the cult-like status will help them garner AUMs, even though they do not effectively deploy into equity, which is their primary purpose. When I was an MFD, the first & only MF I ever recommended was PPFAS, since the late Parag Parikh was my icon. I was a fan of Rajesh Khanna & hoped that he would change his ways sooner or later, but sadly that did not happen. I hope I am not disappointed a second time around. @PPFAS @ppfasmf @latha_venkatesh @dugalira @_prashantnair @Iamsamirarora @nagappanv @sahneydeepak @Moneylifers @TheMFGuy1 @BaluGorade @datta_arvind @BeatTheStreet10 @ActusDei @ayushagarwal @contrarianEPS @ChanderBhatia01 @riteshmjn @AdityaD_Shah @jitenkparmar @_KiranRajput




