Fantastic presentation, they will come back and be on top of the game. Quality will trump speeds, and hoping that means reversion will come in FY25. Very Fair presentation acknowledging underperformance in past 3 years and sticking to their strategy despite runaway momentum due to retail liquidity supply in Small & mids. The fundamentals in place with Earnings growth...the gaps in the market pricing and valuations will reverse to reflect fundamentals. Personally clueless what investors see in the fundamentals of majority of small & mids and ignore quality. Risk without logic is best explanation for their choices.
My simple mutual fund portfolio of nifty 50, nifty next 50 and midcap 150 has beaten ASK iep hands down. Will redeem AsK iep after 5 years dismal journey. 2.5% fee plus gst one will never generate alfa. Only one thing we can do is control cost. Henceforth no more active funds for me.
old investing style is no more giving benefits like creating any alpha. After paying professional fee, to accept any normal return is not fair. Now is quant and more algo, data base techniques are giving good returns. My observation needs new thought process or strategy which can give confidence that pms will make alpha. Needs more strong strategy to invest so that real alpha is made.
I don't think Inflation in US will come down any time soon and FED will go for 3 rate cut rate in 2024. Also, if US FED does not cut rate and RBI cut rate on its own independently, money will flow out of India to US.
Fantastic presentation, they will come back and be on top of the game.
Quality will trump speeds, and hoping that means reversion will come in FY25. Very Fair presentation acknowledging underperformance in past 3 years and sticking to their strategy despite runaway momentum due to retail liquidity supply in Small & mids.
The fundamentals in place with Earnings growth...the gaps in the market pricing and valuations will reverse to reflect fundamentals.
Personally clueless what investors see in the fundamentals of majority of small & mids and ignore quality.
Risk without logic is best explanation for their choices.
My simple mutual fund portfolio of nifty 50, nifty next 50 and midcap 150 has beaten ASK iep hands down. Will redeem AsK iep after 5 years dismal journey. 2.5% fee plus gst one will never generate alfa. Only one thing we can do is control cost. Henceforth no more active funds for me.
old investing style is no more giving benefits like creating any alpha. After paying professional fee, to accept any normal return is not fair. Now is quant and more algo, data base techniques are giving good returns. My observation needs new thought process or strategy which can give confidence that pms will make alpha. Needs more strong strategy to invest so that real alpha is made.
I don't think Inflation in US will come down any time soon and FED will go for 3 rate cut rate in 2024. Also, if US FED does not cut rate and RBI cut rate on its own independently, money will flow out of India to US.
Kamal..try to bring sumeet nagar of malabar fund..he is good