Financial (ill)Literacy?

Be careful where you get your dope from. The Economic Times carried an article dated March 14th, 2019 on Prashant Jain’s consistent alpha generation in a single fund for 25 years. All of us associated with the Mutual Fund industry know and admire Prashant. Other...

The Futility of Financial Planning

Sometimes, I do some financial planning on request. I am certified to do so but frankly, I don’t enjoy the exercise. Why, you may ask? I find myself turning into a psychological counsellor, rather than a financial one and that, I am not certified to do. Typically, the...

The truth about large cap funds: Part I

Many mutual funds who called themselves large cap funds and compared their performance against large cap indices – like the Nifty 50, BSE 100, BSE 200, could buy stocks outside the gamut of large caps as well. “Details of your incompetence do not interest me,” the...