M. Pattabiraman's Blog, page 108

15 Personal Finance Resolutions for 2023

Jan 1st is just another day, but we consider it a time for new beginnings. If you want to manage money better, here are 15 personal financial resolutions and resources to consider for the new year. In his 2013 Ted Talk, former Google search quality chief Matt Cutts talked about the power of trying something...

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ICICI Pension Fund Scheme E – NPS TIER I Performance Review

We review the performance consistency of ICICI Pension Fund Scheme E – NPS TIER I measured against Nifty 50 TRI and UTI Nifty 50 TRI. The scheme was launched in July 2009 and currently has an AUM of about Rs. 5,594 crores. In a previous article, we listed the investment policy of NPS equity schemes,...

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My net worth grew 33% last year but my focus is goal-based investing

In this edition of the reader story, 30-year-old Mr Yo (name withheld on request) explains in detail how he has systematically structured his money management and how he tracks his financial goals. This is a follow-up to his previous audit: How I track financial goals without worrying about returns. About this series: I am grateful to...

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Mutual fund returns are uncertain and volatile: here is how this risk can be reduced

Over the years, readers have often asked us how the risk of uncertain returns from a mutual fund investment can be lowered. We have often said the solution is goal-based systematic risk management. Here is an illustration. We described the steps in a previous article: How to systematically reduce risk in your investment portfolio. A...

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Index fund tracking error screener December 2022

This is an index fund screener based on tracking error and returns difference wrt benchmarks (aka tracking difference). The screener will help users evaluate how efficiently an index fund has tracked its underlying benchmark. It will also help a understand how tracking a midcap index or the Nifty 100, 500 is quite different from tracking...

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How to systematically reduce risk in your investment portfolio

The Indian stock markets have lost momentum for the past year. One can easily speculate reasons for the fall and wonder if we should stop investments or pull out money (we have started receiving such emails!). However, developing a simple market-independent strategy via systematic risk reduction would be far more productive. Why? We have no...

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NSE Index Watch: Biggest winners and losers of 2022

With only three weeks left to go in 2022, we look at the biggest winners and losers in the NSE index universe. We look at the trailing one-year return as on 9th Dec 2022, as much of the performance falls in 2022. Disclaimer: No part of this article should be considered investment advice. One year...

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I have achieved my first goal of Rs. 10 lakhs in assets and am ready for more!

In this edition of the reader story, we meet Suresh Murugan. In Dec 2019, Suresh shared his first financial audit with us: I met with an accident the day I got married and learned key money lessons. Since then, Suresh’s life has changed for the better significantly. He published an update in Oct 2021: I felt...

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ETF tracking error screener December 2022

This is an ETF screener based on tracking errors and tracking differences (ETF return minus index return). The screener will help users evaluate how efficiently an ETF has tracked its underlying benchmark. The tracking error is the ETF’s standard deviation minus index monthly return differences. The lower the tracking error, the more efficient the ETF...

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Mirae Asset Tax Saver Fund Performance Review

This edition of the fund performance report looks at the Mirae Asset Tax Saver Fund. Launched in Dec 2015, the fund has an AUM of more than 13,000 Crores. Disclaimer: Fund performance reports present return and risk analysis of a fund with representative benchmarks and not investment recommendations. It must be expressly understood that the data below...

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