skifaa

34 posts

skifaa

skifaa

@skifaa16

Largest regional mutual fund distributor association of india. Members located from saurashtra & kutch (western gujarat)

Rajkot, India Katılım Kasım 2022
142 Takip Edilen179 Takipçiler
Ravi Handa
Ravi Handa@ravihanda·
Why do financial advisors (Mutual Fund Distributors / RIAs / apps / finfluencers) recommend active funds? There are broadly three reasons. First, money. A big part of the reason is simply that this model helps them make money. If an advisor just tells you to buy a Nifty 50 or Nifty 500 index fund, you are unlikely to go back to them again. You might even tell your friends that the advisor simply recommends index funds and that they should do the same. That eliminates the perceived utility of the advisor in the eyes of clients who are looking for someone to help them make more money from the market. Second, it keeps them relevant. If the solution is simple, the advisor’s role disappears. By recommending multiple funds, switching between them, and monitoring them, they create the impression that there is ongoing expertise involved. Third, some advisors genuinely believe they can generate alpha. There are many advisors who sincerely believe they can beat the market by selecting the right funds. However, even if there are occasional examples where a fund pick worked well, the reality is that consistent alpha generation does not usually come from selecting the right mutual fund or the right stock. Alpha, when it exists, usually comes from asset allocation, discipline, and staying invested, not from fund selection. The idea that an advisor can consistently select the right fund implies that they also know the right time to enter and the right time to exit, which is extremely difficult. No fund beats the index across all periods. Every fund has cycles where it performs above average and periods where it performs below average. What typically happens is that an advisor says: “I recommended this fund five years ago and it has beaten the index over the last five years.” But that logic is flawed because the period during which the fund performed well may not be the same period during which you will be invested going forward. When investors keep switching funds based on recent performance, they also incur capital gains taxes, which further reduces any small alpha that may have existed. Cost is another major issue. Index funds today are available at very low expense ratios, typically around 0.05% to 0.30% for direct plans. Actively managed funds, on the other hand, often cost 1% to 2%, and sometimes even more. If the investment is through regular plans, commissions can add another 0.5% to 1%. So when you compare direct index funds versus actively managed funds with distribution costs, it becomes extremely difficult for the active fund to consistently beat the index by a margin large enough to overcome those costs. That is the core reason why building a portfolio of 10–20 actively managed funds rarely works well over long periods. Some funds in that basket will beat the index and some will not. But since most funds fail to beat the index over long periods, the overall portfolio often ends up underperforming the index itself. That is why, for most investors, simply holding a broad market index fund is often the more sensible and effective approach over the long term.
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skifaa@skifaa16·
Wrong office address issue of our member @csnandani is pending since many days with @hdfcmf. @amfi- kindly look into the matter & assist. @hdfcmf this is 2nd written complaint we have received in our association this year. @sundeepsikka sir as chairman - FYI - skifaa SM team
skifaa@skifaa16

@hdfcmf we have received a complaint about the wrong address in gst invoice not getting rectified from our member @csnandani. The issue has been pending for 12 days. Kindly do the needful. Attached is a screenshot for your reference. - Dipak Rasadia -skiffa SM team

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skifaa
skifaa@skifaa16·
@hdfcmf we have received a complaint about the wrong address in gst invoice not getting rectified from our member @csnandani. The issue has been pending for 12 days. Kindly do the needful. Attached is a screenshot for your reference. - Dipak Rasadia -skiffa SM team
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skifaa@skifaa16·
@iRadhikaGupta @mohanty_swarup @avasthiniranjan @indianviking1 This was the tweet ma'am. We have been reporting misleading contents of finfluencer & get it removed. issue isn't ot business but of dignity -we firmly believe all the amc's & personals have high regards for mfd's. Just wanted to bring to the notice. Thanks for responding 🙏
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Radhika Gupta
Radhika Gupta@iRadhikaGupta·
@skifaa16 @mohanty_swarup @avasthiniranjan @indianviking1 The post was deleted before I could see it... But we have tremendous regard for the MFD fraternity with a significant chunk of our equity AUM being MFDs or partners. Calling anyone unpleasant things on social media is not good... Trust me, I know because I get trolled a lot!
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skifaa@skifaa16·
speaker makes baseless and factually incorrect statements on payouts indicating that MFD's earn unjustified income at the expense of investors. We urge AMFI to take cognizance of this matter & consider appropriate action youtube.com/shorts/iChnuGZ…
YouTube video
YouTube
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skifaa@skifaa16·
@iRadhikaGupta Congratulations to the entire team of @EdelweissMF. Performance consistency - fair brokerage - skill development & sales support from @EdelweissMF is truly remarkable. Best wishes for 10x AUM. Team SKIFAA
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FAAR Rajasthan
FAAR Rajasthan@FaarRajasthan·
FAAR के सदस्यो को कल शाम एक मृदु भाषी, एक सरल हृदय वाले व्यक्ति से #13thFAARConclave के मंच से रूबरू होने का अवसर मिला। Yes we are talking about Anuj Singhal @_anujsinghal , Managing Editor at CNBC Awaaz.
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skifaa@skifaa16·
@iRadhikaGupta @lordmoneyengar @sebi @hdfcmf 2. We demanded an unconditional apology of mf fraternity by youtuber. x.com/skifaa16/statu… These video has been reported by 100',s of mfd's yet @YouTubeIndia & @nealmohan didn't took action, @FinMinIndia @nsitharaman demeaning any govt SRO or fraternity shouldn't be allowed.
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skifaa@skifaa16

@amfiindia @SEBI_India @madhabibuch sharing a link of #finfluencers tarnishing image of AMC's, MFD's with wrong information. youtube.com/shorts/dYTHs76…. He should give an unconditional apology. Leaders like @MFBALA @iRadhikaGupta @NileshShah68 can you pls take the matter forward ?

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skifaa@skifaa16·
@iRadhikaGupta 1. Ma'am we have raised objection on video of @lordmoneyengar in which he demeaned mfd's/amc's & regulator @sebi. It's a matter of our dignity & self respect. Have written several emails to @sebi & chairperson. no actions are taken,@hdfcmf has collaborated with this youtuber
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Radhika Gupta
Radhika Gupta@iRadhikaGupta·
Such influencers do not really what a disservice they do to India in the name of clickbaits and views. In a country where many people get stuck in unregulated products, chit funds and other scams, mutual funds are the investment product creating wealth for the common investor… with daily liquidity, complete transparency, and the same treatment whether you invest 100 rupees or 100 crores. And in creating a bigger SIP book, a product that is contributing to stability in capital markets. While I won’t respond to his random allegations, a quick one on transparency of holdings… ever seen a factsheet?
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