BREAKING (SEBI Circular): SEBI releases guidelines to make Portfolio Management Services (PMS) more transparent.

🔥 PMS now must categorise their funds like equity, debt or multi-asset. So it could be compared against benchmark/index returns.

🔥 PMS has to give not only time weighted rate of return but also the min, max & median return across all investors. Those will be audited by APMI (kinda like what AMFI does in Mutual Funds)

🔥 PMS will have to give monthly reports to APMI. APMI shall make them available on its website in 'an intuitive and user friendly manner'. Till now only private players like PMS bazaar had this data (unaudited).

Basically, PMS now will have to be as transparent as Mutual Funds. Also, smallcases are not included in these guidelines. So only PMS have to follow now.

- @InvestRepeat

The more you read about money, the more you understand that $ and ₹ aren't money - they are currency.

- @InvestRepeat

First they take away your privacy by making KYC mandatory everywhere & banning end-to-end encryption.

Then they take away your freedom of speech by tracking every 'anti-govt word' you say & punish you for that.

Finally when both are taken away, they rule the country forever. And you have no opportunity to fight back.

Privacy → Freedom of Speech → Democracy

- @InvestRepeat

For long-term investment, I always avoid sectoral funds like Nifty Bank, Nifty IT etc.

Those are for swing traders. Each sector works well in a certain period of time & you have to time it well to get good returns.

I just stick to the boring funds which always work - Nifty 50, Nifty Next 50, Nifty Midcap 150.

- @InvestRepeat

Most don't know this but due to RBI/SEBI restriction, USD/INR rate, tracking error etc.

Motilal Oswal Nasdaq 100 ETF actually outperforms Nasdaq 100 Index.

- @InvestRepeat

If you're a content creator, remember this

Audio makes video look good.

Great audio makes video irrelevant.

- @InvestRepeat

Gold
Silver
Bitcoin
Monero

That's it. That's the message.

🇮🇳 Index Fund & ETF Update:

DSP AMC has filed papers with SEBI for Nifty IT ETF.

BREAKING (Business Standard): SEBI allows MF investment platforms to charge fee.

Online mutual fund (MF) investment platforms like Groww, Zerodha Coin etc. which allow investments in direct MF schemes for free, will soon be able to charge customers or fund houses for executing transactions.

"They can charge some money but commission-like structure won't be allowed" - Chairperson, SEBI

- @InvestRepeat

🗓 Apps/Services that made my 2022 better (Not sponsored, I don't make any money for sharing this)

• Signal (signal.org): Messaging

• Proton Mail (proton.me/mail): Email

• Graphene (grapheneos.org): Mobile OS

• Brave (brave.com): Browser/Search Engine

• AgoraDesk (agoradesk.com): Converting ₹ to ₿

• Zerodha (zerodha.com): Stock Market Investing

• LocalMonero (localmonero.co): Converting ₹ to Monero

Thanks to all the open source, privacy focused developers who contributed code in 2022. Thank you for existing. 🙏

There are two rules for success

① Never reveal everything you know.
②

Last 5 years have been one AMC show.

Among the top 10 best-performing equity mutual funds in last 5 years, 6 are from Quant AMC.

To put that into perspective, out of top 6 best-performing equity mutual funds in last 5 years, all 6 are from Quant.

Note: This past performance doesn't mean for next 10 years it will remain at top.

- @InvestRepeat

Reliance selling 2% in Just Dial.

Reliance acquiring 100% of popular wholesaler Metro Cash & Carry India business for ₹2,850 Crore.

Ambani family continuing to focus on increasing retail outlet reach. In future these can also act as JioMart delivery centres. (Less delivery time than Amazon/Flipkart)

- @InvestRepeat

Magnesium is essential for proper Vitamin D absorption.

Just taking Vit D tablets is so stupid. You're missing out on most of its benefits.

- @InvestRepeat

🇮🇳 Current top downloaded finance apps:

2. Paytm (PAYTM)
5. Bajaj Finserv (BAJAJFINSV)
6. YONO (SBIN)
8. bob World (BANKBARODA)
11. Kotak811 (KOTAKBANK)

21. Angel One
27. HDFC
29. PNB
32. Union Bank
34. IDFC FIRST Bank

This tells a lot about which banks Indians are using more & trusting their money with.

- @InvestRepeat

Nifty back in the "Extreme Fear" zone.

- @InvestRepeat

When I talk about "Saving" 💰

I do not mean saving in a bank account. Losers do that.

I mean, saving in limited assets like Stocks, Index Funds or ETFs, Gold, Bitcoin etc.

- @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/jFm1_UJtGlc

If you aren't moving forward, you're moving backward.

Life is binary. If you are not doing anything - that means you're losing.

- @InvestRepeat

'Tulsi is given special preference by the Lord, who garlands himself with tulsi leaves.' - Srimad Bhagavatam, Canto 4, Chapter 15, Verse 19 🕉

To all the Smartas, Vaishnavas, Saivas & others - may tulsi maa bless us all. Wishing you health, wealth & happiness 🙏

- @InvestRepeat