Books | Personal Finance | Mutual Funds (AMFI Registered)
India
Joined December 2024
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I'm now an AMFI-registered Mutual Fund Distributor.
Continuing to learn about investing and personal finance, and sharing what I learn along the way.
“If you’re going to bow, bow low.”
- Eastern wisdom
True humility and accountability mean going all in. If you choose to apologise or take responsibility, do it sincerely, without half-measures.
While watching mobile, radiation enters our body through the nerves and grays our hair.
Heard an educated guy explaining this groundbreaking new discovery to his mother. 😂
Cleared the NISM Series V-A: Mutual Fund Distributors Certification Examination.
Just another step in the journey of learning, investing, and helping others understand money better.
"One of the most important ways to manifest integrity is to be loyal to those who are not present. In doing so, we build the trust of those who are present. When you defend those who are absent, you retain the trust of those present."
- Stephen Covey.
One wise parent once said about raising children:
“Treat them all the same by treating them differently.”
Bhagavad Gita 3.8 (Perform Your Duty)
नियतं कुरु कर्म त्वं कर्म ज्यायो ह्यकर्मणः।
शरीरयात्रापि च ते न प्रसिद्ध्येदकर्मणः॥
Perform your prescribed, natural duty, for action is far superior to inaction. Without performing action, even the basic maintenance of your physical body would not be possible.
"The most important ingredient in any relationship is not what we say or do, but what we are.
If words and actions come from superficial techniques rather than our inner core, others sense that duplicity, and we cannot sustain effective interdependence."
- Stephen Covey
"Private Victory precedes Public Victory.
Self-mastery and self-discipline are the foundation of good relationships with others."
- Stephen Covey
Bhagavad Gita 2.63 (Anger to Ruin)
क्रोधाद्भवति सम्मोहः सम्मोहात्स्मृतिविभ्रमः।
स्मृतिभ्रंशाद् बुद्धिनाशो बुद्धिनाशात्प्रणश्यति॥
From anger arises delusion; from delusion, confusion of memory; from confusion of memory, loss of reason; and from loss of reason one goes to complete ruin.
"The crime which bankrupts men and nations is turning aside from one’s main purpose to serve a job here or there."
- Ralph Waldo Emerson
A Simple Framework for Evaluating Mutual Fund Schemes Across Categories
1. Quantitative Evaluation Metrics
a) Performance Consistency: Evaluate rolling returns across market cycles (3Y and 5Y windows) instead of point-to-point trailing returns.
b) Risk-Adjusted Ratios: Higher Sharpe, Treynor, and Sortino ratios to measure genuine return per unit of total and downside risk.
c) Downside Capture: A ratio under 100% to ensure the fund falls less than its benchmark during market downturns.
d) Portfolio Concentration: Concentration risks measured via top 5 and top 10 holdings, alongside sector weightings.
2. Qualitative Parameters
a) Fund house pedigree: Track record, governance standards, and institutional stability of the AMC sponsor.
b) Investment process adherence: Consistency in sticking to the stated scheme mandate without style drift.
c) Risk management systems: Robustness of internal operational, market, and credit risk control frameworks.
d) Fund manager stability: Continuity and tenure of the lead manager driving the strategy.
e) AUM size relative to liquidity: Asset base aligned with the trade liquidity of underlying holdings.
Boring Investor retweeted
Update
Goal - 7 lakh
Help received- 1.6 lakh
Please help swaraj for his liver transplant.
URGENT HELP IS REQUIRED – PLEASE HELP SWARAJ PAWAR
Read Message from His father.
Please help my son, Swaraj Pawar, who is currently admitted at Gleneagles Hospital, Parel, Mumbai. Dr. Anurag Shrimal, will be performing his liver transplant.
My son is suffering from Autoimmune Hepatitis and requires an urgent liver transplant. I am requesting your kind support towards his treatment.
My son, Swaraj Pawar, is 11 years old and studying in 5th Standard. We are from Satara, Maharashtra, and he has been undergoing treatment for the past 3 months.
The hospital has arranged ₹11.75 lakh, and approximately ₹7 lakhs more is required for his liver transplant and related medical expenses. The estimated cost of the treatment is around ₹16.50 lakh.
With your support, we will be able to fight this disease and give my son a chance to recover and live a longer, healthier life.
I work as a driver at a small transport agency, and my monthly income is only ₹20,000/-. Swaraj’s mother is a homemaker, and I am the sole earning member of our family. With our limited income, it is extremely difficult for us to arrange the amount for his treatment.
Currently, Swaraj is admitted to the hospital and requires urgent treatment.
Patient Details:
Patient Name: Swaraj Pawar
City: Satara, Maharashtra
Age: 11 years
Education: 5th Standard
Monthly Income: ₹20,000/-
Father’s Profession: Driver
Disease: Autoimmune Hepatitis
Treatment Required: Liver Transplant
Estimated Treatment Cost: ₹16,50,000/-
Amount Arranged: ₹11,75,000/-
Funds Required: Approximately ₹7,00,000/-
Account Details for donations.
1.Name: Mahesh Jadhav.
Bank: Kotak Bank
A/c No.: 9846362235
IFSC Code: KKBK0001386
Branch: MUMBAI-MANDVI
UPI ID: 9594914939@kotakbank
2. Name : Sawita Arjun Pawar
Bank : Statebank of India.
A/c .No : 42811238861
IFSC Code: SBIN0012965
Branch : Ghansoli Branch
3. Name : Yogesh Jadhav
Bank : State Bank of India.
A/c. No. : 20274795460
IFSC Code: SBIN0012486
Branch : Tusegaon Branch
The case and treatment details can be verified by contacting the hospital.
I sincerely request you to please support my son’s treatment. Your contribution would be deeply appreciated and would mean a lot to our family during this difficult time.
We accomplish through delegation. We delegate to time, it’s efficiency. We delegate to people, it’s effectiveness.
Many avoid delegation because they think they can do it better. But giving responsibility to skilled people frees our energy for higher-leverage work.
- Stephen Covey
"What is right and wrong? There is no fixed standard to decide what is right or wrong. Opinions differ according to the individual and their surroundings. They are only ideas. Do not worry about them."
- Ramana Maharshi
"The bliss of the Self is always with you. You will find it if you seek earnestly.
The cause of misery is not outside you, but within you as the ego. You impose limitations on yourself and then struggle to transcend them.
All unhappiness comes with the ego."
- Ramana Maharshi
"All conventional ideas about right and wrong were value-judgments made by the mind, and that when the mind ceases to exist, ideas about right and wrong also cease."
- Ramana Maharshi
