Think of navigating a river—sometimes the water is calm and steady, other times it’s turbulent, but at the end, there’s a rewarding view. That’s exactly what we’ve seen in India’s financial markets in the quarter ending September 2024. It’s been a mix of strength and growth, even as global uncertainty ripples through. Here is what’s happening currently- Stock markets are rising Bond Prices are increasing / Bond Yields are falling Gold is trending upwards Real…
Equity Market Insights: The equity markets kind of ensure that there is never a dull quarter! From April to June 2024, the Indian equity market was highly volatile, mainly due to the Lok Sabha election results and ensuing political developments. On June 4, the election results showed that the ruling BJP did not achieve a majority on its own, although it remained the largest party in a coalition government. This unexpected result led to a…
A client said – I understand market valuations are expensive but it doesn’t seem that it will correct much. Everything is positive – India’s growth story, expected cut in interest rates, and strong domestic inflows. There is nothing to worry about.The fundamental driver of market peaks and exorbitant valuations is the perception that there is nothing to worry about – there is no investment risk. Certainly, there are times when there are no known risks but many…
Equity Market Insights: A few themes are dominating the equity markets worldwide and in India. Many investors decide their investments based on themes which have already gained a lot of popularity. Here are some of the popular themes and the risks associated with them: Falling Interest Rates: There has been earnest demand by market participants to cut interest rates in the US and other developed economies on the back of falling inflation rates. Central Governments…
A few days ago, I had a very unusual request from the HR of a multi-billion dollar company with whom I was in discussion regarding sessions on financial well-being for their employees. She asked me- Can your company provide training on stock trading to the female employees? Since we have expertise in long-term investment strategies and financial planning, I told her that we could not help her with this requirement. The next thought in my…
Hybrid mutual funds have industry-wide assets under management (AUM) of INR 4.70 Lakh Crore. Hybrid funds (HF) invest in a mix of equity & debt (& gold in a few funds). In conservative HF, equity allocation is between 20-40% whereas, in an aggressive HF, equity allocation is between 65-85% and the rest is in debt. Many consider HF a safer way of investing in mutual funds, especially when equity markets are quite expensive. Despite its popularity, we think…
Were you prepared for Russia’s attack on Ukraine? Well, we were at Truemind Capital.Not exactly for the Russia-Ukraine event, but for all the possible events that can puncture the bubble in various asset classes that were created on the back of unlimited and cheap liquidity. Read below to know HOW. The runup in any asset class creates a delusion that the rally will be permanent. Any small correction in the prices is followed by a…
“IT mein deadly scope hai” “Gaon mein production badh raha hai toh rural economy mein bhi growth hoga””Internet ki demand badh rahi hai toh internet companies ke stocks mein bhi growth hogi”Most of us have seen the wonderful ads by Smallcase advocating investing based on future growth prospects. The concept is simple – if you think a particular sector or theme is going to benefit in the future, you can take advantage of the growth…