FUND ANALYSIS
Why we downgraded these HDFC funds
HDFC Balanced Advantage and HDFC Medium Term have both been downgraded from Gold to Silver. Here is a brief explanation as to why our analysts made that decision.
THE BOTTOM LINE
Investing lessons from Howard Marks
Billionaire investor and author Howard Marks co-founded Oaktree Capital Management, which is one of the world’s biggest distressed-debt firms. A renowned contrarian, his insightful assessment of market opportunity and risk are well known in the investing world. Here are a few pointers from his time-tested, fundamental philosophy.
FUND ANALYSIS
Why we downgraded these ICICI Prudential funds
Four funds have been downgraded; Multi Asset and Large & Mid Cap now have Silver ratings. Midcap has a Bronze and Infrastructure has a Neutral.
FUND INDUSTRY
Morningstar’s take on the expense ratio debate
There has been a backlash on Twitter regarding Morningstar’s stance on the expense ratios of the Indian mutual fund industry. We have been accused of waging war on the advisory and distributor community. Nothing could be further from the truth.
FUND ANALYSIS
A look at 6 multi-cap funds
Here are some multi-cap funds that our analysts looked at over the past months. These funds can invest across large-, mid-and small-cap stocks, the market capitalization tilt is dependent on the discretion of the fund manager.
EQUITY
11 rules for equity valuation
Here are some rules of thumb when determining equity valuations and setting price targets. The underlying philosophy behind these guidelines can be summed up in one phrase: “Keep it simple.”
THE BOTTOM LINE
5 investing insights
Jim O’Shaughnessy is the Chairman and Chief Investment Officer of O’Shaughnessy Asset Management (OSAM). A pioneer in quantitative equity research, his interviews, tweets and writings are rich in wisdom. Here are a few insights gleaned from them that will help any investor, be it an amateur or a professional.
INSURANCE
The best term plans
India has around 24 life insurance companies, all offering online term insurance plans. This is life insurance in its purest form, least expensive and covers a large amount of life risk.Here are the 5 best term plans.
PERSONAL FINANCE
4 ways to teach your kids about money
We all know how important financial skills are to navigating life. Here are some practical tips on how to inculcate good money habits in your children. After all, we are slave to our habits. We first create our habits, and then our habits create us and the perception of who we are.
FUND INDUSTRY
Morningstar’s note to advisers
Morningstar India has just completed a decade in India. And over this time, we have relentlessly pursued our mission to help investors achieve their financial goals. Towards this end, we empower the advisory and institutional community that serves them. Aditya Agarwal, MD of Morningstar India, addresses the advisory and distribution community.
