Parag Parikh MF's October factsheet is out. (Link here - click)

In a small investor note, Rajeev Thakkar suggests moving idle funds from Current Account to Liquid Fund.

In PPFAS Tax Saver Fund:
+ Bought NMDC Steel (0.35% of total portfolio)
+ Increased cash holding from 9.46% to 11.90%

- @InvestRepeat

NIFTYBEES is my Savings Account.

Gold price today across the world

🇨🇳 up 2.24%
🇺🇸 up 2.03%
🇪🇺 up 1.51%
🇯🇵 up 1.35%
🇮🇳 up 0.93%

- @InvestRepeat

If you're ignoring your health so that you can save more ₹ ₹ ₹ for buying more ETFs or Mutual Fund units - there's no nice way of saying this but you're probably stupid.

- @InvestRepeat

After many days, PHARMABEES comes in the top 3 traded ETFs. It was the 2nd most traded ETF today.

With 40,99,941 volume it almost had 2X the volume of NIFTYBEES.

- @InvestRepeat

🌏 2022 Returns (YTD)

Shopify (SHOP): -77%
Facebook (META): -70%
Nvidia (NVDA): -61%
Advanced Micro Devices (AMD): -61%
Bitcoin (BTC): -61%
PayPal (PYPL): -60%

But as per media & few mainstream people, only one of the above is a scam & should be banned. Rest are 'regulated' & all fine. 😂🤡

- @InvestRepeat

🇮🇳 Today I Learned: In India, Members of Parliaments (MP) get a pension for EACH term.

So an MP who is elected 4 times will get 4X the pension. What a terrible waste of India's money.

- @InvestRepeat

As usual, continuing my monthly SIP in ELSS Fund to get tax benefit at the end of this year. Most make the mistake to invest entire amount in Feb or March to claim tax.

Today invested ₹14,000 in Parag Parikh Tax Saver Fund (PPFAS).

Out of the top 3 most traded ETFs today, 2 were Nifty IT ETFs. Also out of the top 7 most traded ETFs today, 3 were Nifty IT ETFs.

(1) Nippon India's ITBEES
(2) ICICI Pru's ICICITECH
(3) Kotak's KOTAKIT

Today was probably a record day for Nifty IT ETFs.

- @InvestRepeat

When Parag Parikh Mutual Fund says that they hold 11.90% of their portfolio in cash, many think it is just in a bank account earning nothing.

No.

PPFAS & most other mutual funds actually keep cash in Tri-Party Repo (TREPS). That means the cash is earning a 6-7% yield (return).

- @InvestRepeat

Got the allotment for ₹14,000 that I invested yesterday in Parag Parikh Tax Saver Mutual Fund (PPFAS).

Got 663.006 units allotted. As usual, will keep accumulating more units every month (will cap it below ₹1.5 lakh annually considering PF & Term Insurance)

Small small steps 🏃 → Financial Freedom 💸

What most call Mental Disorder is just a Lifestyle Disorder.

Of course you are depressed, You:
• Sit all-day
• Sleep late
• Wake up late
• Don't workout
• Eat junk
• Spend 70% time looking at a screen
• Have no money goals

This is a LIFESTYLE disorder.

- @InvestRepeat

After a long time, a Sovereign Gold Bond (SGB) did 4000+ volume. Today 4 different SGBs had 1000+ volume.

Volume
SGBAUG28V = 4,525
SGBMR29XII = 1,935
SGBJUL29IV = 1,228
SGBJUL28IV = 1,027

Slowly Indian markets are maturing 🇮🇳🚀

- @InvestRepeat

Imagine being a full blown adult and still blaming your actions on a zodiac sign.

Policy Activated ✅

The family member I talked about earlier, just got his Term Insurance approved.

He will pay ~₹75,000 (after discount) annually for next 5 yrs. And if in case he passes away before age 75, his family will get ₹1.5 crores.

₹75k because it has an additional critical health cover added. So he gets additional health consultation. Also he pays for 5 years only. Not every year for life.

He could have reduced the premium by increasing the paying years from 5 to 10 yrs. But he decided to go for 5 yrs.

- @InvestRepeat

Telegram EXCLUSIVE - Sharing this only for the Telegram SIR Community.

☀️ We (who all are on this Telegram Channel) need to use our weekends to learn more & get ahead of those who doesn't learn at all or whose week ends on Friday. Don't spend your precious time on web series, Instagram etc. Learn, take notes, revise.

Kings & Queens, this Weekend Learning: https://youtu.be/vre_yhZXPVU

If you spend more time in a cloth store 👚 than a grocery store 🥬, then you're doing something wrong.

It shows you care more about what others think about you than what you think about yourself.

- @InvestRepeat

If they waste my time, it's going to be ₹1000 an hour.

NIFTYBEES hits ₹200 🚀

Feels good to see it, accumulating it for so long. My SIP will continue in all Nifty ETFs.

Side Note: If you buy ETFs, always check the iNAV on the AMC site and put a limit order at that price.

- @InvestRepeat

After a long time, Motilal Oswal Nasdaq 100 ETF (MON100) is trading at a discount.

Price: ₹92.9
iNAV: ₹93.7

Nearly a 1% discount to its real price.

- @InvestRepeat