M. Pattabiraman's Blog, page 106
March 2, 2023
Kotak Pension Fund Scheme E – NPS TIER I Performance Review
We review the performance consistency of Kotak Pension Fund Scheme E – NPS TIER I measured against Nifty 50 TRI and UTI Nifty 50 TRI. The scheme was launched in June 2009 and currently has an AUM of about Rs. 1,070 crores. In a previous article, we listed the investment policy of NPS equity schemes,...
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Five unique screeners for mutual funds and stocks!
We publish five kinds of screeners monthly. Each link will take you to the archive for that category with the latest screener at the top. Inside each screener, you get discounted links to our robo advisory tool and two courses: How to get people to pay for your skills (aka earn from skills) and the lectures on goal-based...
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March 1, 2023
Stocks with low volatility and momentum for Mar 2023
We publish a list of stocks with low volatility and momentum each month. We provide data for BSE 500 and BSE 100 stocks. There are now three different screener files available. (1) Stocks with low volatility and momentum from the BSE 100 large cap universe are available as a separate file (2) Stocks with low...
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February 28, 2023
Higher EPS Pension: Should those who retired recently or about to retire opt for it?
Your eligibility is the first aspect to consider when discussing higher EPS pension. It is not open to everyone who retired after Sep 2014 or are still in service. See: Are you really eligible for higher EPS pension? EPFO circular clarifies (also see below). Once you have convinced yourself that you are eligible (see conditions below),...
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February 27, 2023
Can I opt for higher EPS pension? I retire in 2046
A reader tweeted, “I am working in one of the best PSU of India, current Basic+ DA is 125k with 8% increment/ yr. Natural retirement year is 2046. To choose EPS, i have to deposit 12 lakhs from my PF. Is it good to join EPS?” First, the good news. Subscribers now have up to...
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February 26, 2023
Tata Large & Mid Cap Fund Performance Review
This edition of the fund performance report looks at Tata Large & Mid Cap Fund. Although launched in March 1993 as Tata Equity Opportunities Fund, the fund currently only has an AUM of Rs. 3641 Crores. After the SEBI MF categorization rules kicked in, Tata AMC merged Tata Equity Opportunities Fund with Tata Dividend Yield...
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February 25, 2023
Is a pension of 50% of the last drawn pay enough for retirement?
The higher EPS pension proposed for those eligible is approximately 50% of the last drawn pay, as is the norm in government establishments. However is this enough? The short answer is, nope! Here is a set of retirement planning slides that I used at investor workshops. The aim is to convey the importance of retirement...
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February 24, 2023
Are you really eligible for higher EPS pension? EPFO circular clarifies
Many EPFO subscribers who retired after Sep 1st 2014, or are still in service have the incorrect impression that they will automatically be eligible for higher EPS pension. This is incorrect, as clarified by the EPFO circular issued on Feb 20th 2023. According to point no 5 of the circular: “5. Therefore, in compliance of...
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February 23, 2023
Stock Portfolio Analysis: February 2023
This article compares my stock portfolio with an equivalent investment in a Nifty index fund and the Nifty 100 Low Volatility 30 TR index. We post this comparison each month. Before we begin, new readers need to appreciate the context of these investments. I started direct equity investing only after achieving a comfortable level of...
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February 22, 2023
How to build a direct equity portfolio – Part 2
In this article, Vijay discusses guidelines on how to build a direct equity portfolio. This is the second part of the series. The first part is here: How to build a direct equity portfolio – Part 1. About the author: Vijay is an electronics engineer and management graduate (IIM Bangalore). He has worked as a...
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