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  1. emailsaravanans

    emailsaravanans Member

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    Yes, totally agree issues with fund managers are super critical here. Good lesson for both investors and AMC companies...

    I am not sure why there is no strict action against them other than simply firing from the job... I don't see any FIR or arrest... I feel this will make the situation worse for Axis...

    What is the role of SEBI in this? Any idea?

    Complete exit is the right thing to do...
     
  2. shabbir

    shabbir Administrator Staff Member

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    They will not come to 0 because there are governed rules. This is not LUNA (Crypto).

    Yes bank didn't go to 0 nor did Franklin Templeton.

    There will be people who will remain invested as well thinking this is good time to invest in the fund but we know bad time in shares is good but not in fund.
     
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  3. emailsaravanans

    emailsaravanans Member

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    I agree your point of how deep the problem is. I was thinking about someone who heavily invested in Axis but unable to come out completely. I thought they could only come out of those affected fund for now.

    Ideal situation is to come out completely. If everyone does that today, it would be a great lesson for AMCs and also wondering what will be the impact (stock market) if Axis AUM comes to 0.
     
  4. shabbir

    shabbir Administrator Staff Member

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    I do recommend getting out of Axis completely because you never know how deep the problem is. The reason I am saying to move out is because there are other better alternative funds available.

    Whats your argument to remain invested?
     
  5. emailsaravanans

    emailsaravanans Member

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    If this is happening for Axis, it might be happening for others too right?

    As you suggested do we really need to get out completely from Axis instead of exiting from those affected funds?
     
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  6. shabbir

    shabbir Administrator Staff Member

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    Yes, you should redeem from all Axis Mutual Fund schemes because of the Front-Running Scam and if you want to know why - Keep reading

    Continue reading...
     
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  7. shabbir

    shabbir Administrator Staff Member

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    Yes but true.

    I am not saying they do it but possible. If I can think about it, brokers may have thought as well.

    The pleasure is all mine.
     
  8. emailsaravanans

    emailsaravanans Member

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    $800 billion gone...! Unbelievable...!

    The fact that the broker may not be buying the actual bitcoin is really very scary...!

    Very good article...! Thanks for sharing...!
     
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  9. shabbir

    shabbir Administrator Staff Member

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    Let me explain the current crypto crash in TerraUSD / Luna in very simple terms and why all cryptocurrencies are in free fall.

    Continue reading...
     
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  10. shabbir

    shabbir Administrator Staff Member

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    I am not a fan of investing in the IPO, and it is one of the key reasons for me to avoid the LIC IPO. The other two reasons are:

    Continue reading...
     
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  11. shabbir

    shabbir Administrator Staff Member

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    Not too sure about such a price movement but business is expected to be doing good. Last quarter had awesome results and before the price could react, I entered. Lets wait for the results and hope it is able to meet the expectations or else the stock will tank.
     
  12. laveshdixit

    laveshdixit Responder

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    Fine Organics has been rocking of late. What is going on in the counter?
    I have 100 quantity,wanted to add more, but I think now is not a good time.
     
  13. shabbir

    shabbir Administrator Staff Member

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    As a retail investor, let me share the dos and don'ts of investing in mutual funds and categorise them for better understanding.

    Continue reading...
     
  14. shabbir

    shabbir Administrator Staff Member

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    Let us understand growth, IDCW Reinvestment and Payout options and see which is a better choice for a retail investor

    Continue reading...
     
  15. shabbir

    shabbir Administrator Staff Member

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    Do you want to SIP in stock or mutual fund?

    SIP is more suited on mutual funds and ETFs
     
  16. nagarjunadevasani

    nagarjunadevasani Member

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    Hi @shabbir Ji, I wanted to start a SIP for longer-term and even I don't want to look at quarterly results and don't want to look expense ratio, we have any such stock /ETF / Mutual fund ? when I see SIP feeling it's a big trap , when I see SIP performance from 2017-2022 on Britannia its just 10% returns , if in same stock someone invested on 2017 its almost double , what could be the best way for wealth creation with less risk because earnings are limited and already I have lost so much money but from now on I want to reduce risk but I want a good investment bet.please suggest
     
  17. shabbir

    shabbir Administrator Staff Member

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    Reduce them. I don't increase more than 15. Ideally 12 to 15 is the best number to provide the needed diversification as well as trackable.

    You have to build your rationale or else it is better to invest via mutual funds. The reason I say investing is not simple.

    Reliable source / Cheap are all good but the point that you should also consider is this.

    Let's say you have invested from a reliable source and found it cheap as well. What happens when stock halves from the point you purchase. Your study will be the sole reason that you will be able to remain invested. Similarly, when you have invested based on study, and stock has doubled or quadrupled, you will have the courage to keep holding. If you rely on reliable sources, you will be tempted to book out for sure.

    Finding moat is not easy but it is worth the effort. The reason we have this community is to be able to discuss companies and business and when we do this, everyone benefits.

    However, remember, even if someone is able to fill the gap, the important aspect is to let your investment grow 5x, 10x and you can remain invested only if you are doing the research.
     
  18. emailsaravanans

    emailsaravanans Member

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    Time and again you are insisting on understanding the business, and customers. Finally the lesson is as you said "Investing is not simple"...

    But only problem I have (most might have) is having too many stocks in the portfolio and not having time to spend time understanding the business and customers.

    Most importantly I think I am not in a position to decide stocks based on a single strong investment rationale. I think it is very difficult.

    Most of the time, we check if the company fundamentals are good, if it is recommended from a reliable source, if it is available cheap, if it is blue chip, if the sector is attractive. I think no where in this process we are applying investment rationale. I think finding ourselves the unique or moat why to invest in a company is very difficult. I don't know how to build that knowledge. May be few people like you and others (including Buffet, Rakesh, etc) are capable of... That is why we are looking upto people like you to fill the gap :) ...
     
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  19. shabbir

    shabbir Administrator Staff Member

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    Understand the 4 key risks for a long-term investor when investing even in the bluest of the blue-chip companies.

    Continue reading...
     
  20. shabbir

    shabbir Administrator Staff Member

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    The 19 best sectors for any Indian retail investor to invest in the market from one of the best fund managers in the world - Peter Lynch

    Continue reading...