Fund Manager at PPFAS Mutual Fund
@ppfas
Disclaimer: Views are my own and don't reflect the views of my employer. Retweets or likes don't imply endorsement.
@RajeevThakkar
presenting on why you can't ignore China, whether you love it or hate it at today's FOF. Stay tuned for the video upload on
@PPFAS
YouTube channel.
When you look at the credit card statement for the month of April, you realise the actual expenses of your family. Rest all the expenses are discretionary. Time to revisit the monthly budgets.
With Indigo Paints IPO coming up, you will be dumped with a lot of articles and reports. Tried to simplify it via this video in FOF
@PPFAS
P.S. Indigo Paints RHP makes a good ready to understand the paints industry.
Why can't we just upload a translated version of FM's speech on Finance Ministry's website!? Such a waste of time and more importantly frustrating to hear it twice.
Full house at today’s Financial Opportunities Forum (FOF). Interesting topic discussed by
@RajeevThakkar
today - “What to do after getting rich?”
@PPFAS
To join future sessions visit
Most taxpayers would be better off with the earlier tax regime. Personal tax cuts are of no benefit to most of the people. Just given to confuse people.
Interesting slide from Bhavin Shah of Sameeksha Capital
@alphaideas
20-20 . Undue interference from government has changed the pre-tax ROE required for an equity investment to make sense.
At the
@alphaideas
20-20 meet today. Everyone seems to be gung-ho about speciality chemicals space and the opportunity that Chinese environmental issues presents. Another herd trade? Another bubble in the making? Time will tell!
Here is may take on the paints industry and competitive dynamics within the industry. Also i discuss the future growth prospects and the top 4 players.
In the latest
#FOF
(via Zoom)
@raj_mehta89
gives a lowdown of the paints sector. . Please note: The audio / video may lag slightly at times. We request you to please bear with us.
#investing
An amazing experience at
@FLAMEUniversity
at their course FIL with masters. There is no parallel can come even close to it. Shoot out to the guys managing it.
REITs provides a wonderful diversification tool in your portfolio if you are understand it properly. Tried to explain the basics of REITs and InvITs in this presentation.
Looking at the US election updates, there is renewed respect in me for the Election Commission of India. We are able to process a far bigger and more complex election process in a fraction of the time. Hats off to all those involved for such an efficient system.
Finally, the Indo Global model is picking up. 7 years after
@PPFAS
started the trend. There cannot be any other tax efficient way of investing globally.
2020 was a bad year for
#Mutualfunds
but had some promising trends 1) The domestic:intl combo pioneered by
@PPFAS
2) Roll down maturity in debt, popularised by
@EdelweissMF
in
#BharatBondETF
3)
#ESG
(jury still out on it) 4) Sebi reforms like riskometer
Tempted to invest in US Stocks directly?
Hold your horses✋
If you can’t invest at least ₹1 Lakh at a time, you’re doomed to make significant losses the moment you transfer💰 into your US broker a/c.
Huge remittance charges (per transaction) is the devil no one talks about 🤫
What an excellent articulation of his investment style. Very difficult to replicate it. Some things are better left to experts in that style of investing.
Discussed this in my latest
#FOF
presentation last week
@PPFAS
. Video coming up soon.
Goods and services tax, a game changer? Not for home decor firms at least
@HiteshJaim
@PPFAS
FOF is a knowledge sharing platform where we discuss industries and sectors that we study. They may/may not be a part of our portfolio. The whole point of FOF is not to justify/give rationale for the positions that we hold. We will continue to share whatever insights we gain..
For aspiring “Research Analysts”, please submit your resumes through the google form link mentioned on the post. 3 years experience and a financial degree mandatory.
We are hiring for the role of 'Research Analyst'. Minimum experience - 3 years. In case you are interested in applying for this role please read the accompanying Google Form carefully, before filling it:
#Careers
#mutualfunds
#research
Teacher of the year award goes to Covid 19. Taught us a lot of things including simplicity, uncertainty along with buying only what you need. All of us came to know during this time who are the people that we need around and what are things we actually need in our lives.
Just as unpredictable he has been through his career, MSD announces retirement through an Instagram post - without any limelight/send off. MSD will always be a champion, cool captain and the most humble person of that stature. Many things to learn from him..
A basic primer on the Indian Paint sector
With the listing of Indigo paints, JSW entering the paint sector & now Grasim announcing to invest 5,000 cr in the sector, lets explore,
-Products
-Industry
-Company
Do hit the ‘re-tweet’ and help us educate more investors (1/n)
Many people requested me to give my views on the Embassy Office Parks REIT IPO
General Q was
With a rental yield of 8.25% (+ incr) and possible capital appreciation, this seems to be great buy. Should I buy?
I will try to decode the Embassy REIT IPO in this tweet thread (1/N)
Atul Auto (3W) company has an associate company Khushbu Auto Finance which was mainly into 3W financing for them. In the last year they incorporated a subsidiary by the name of Sanand Home finance for providing housing finance. Everyone wants a pie of the housing finance industry
Haven't had to wear pants (trousers/chinos/jeans) for 24 days now!! What about you? It is going to be a pain to turn back to formals post this lockdown.
#Lockdown
#Lockdownextention
From his learnings from IL&FS,
@udaykotak
says there are six layers of governance:
1) Management of the company
2) Importance of directors
3) Auditor
4) Rating agencies
5) Institutional shareholders
6) Regulators
#INWealth
@CFASocietyIndia
Right now, is probably the stupidest time for fintech firms like
@zerodhaonline
to be raising money. It is quite crazy the number of folks reaching out & the different deals. We might regret it in the future, but we are not raising & here are the counterintuitive reasons why. 1/7
At the latest
#FOF
event,
@raj_mehta89
dwelt on India's dairy sector. Here's the video: . We will also simulcast every FOF event before a 'live' audience in New Delhi and Bengaluru from next month (April 10th). Click here to enrol:
Thanks
@Crazynaval
for this initiative of forming a
@PPFAS
fan group on telegram. All like minded investors are invited to join this group and look forward to interesting conversations 😁
Watched 300+ Hours of YouTube videos from one of the best fund managers in India (PPFAS) and compiled them in just 130 pages. Thank you for all the teachings!
Document only for educational purpose. No recommendations.
@RajeevThakkar
@PPFAS
@oraunak
Time has come for the group of Institutional shareholders to work together and ask for a Board seat in some companies, says
@udaykotak
at
@CFASocietyIndia
#INWealth
Aswath Damodaran - Lessons from Covid-19:
Experts say, tech is in bubble zone, smart money is better, value is outperforming.
But what markets have shown -
1. Asset light > asset heavy
2. Passive > active
3. Growth > value
Pick markets over experts, any day.
Most of the Domino's customers don't even know that the name of the company having franchisee in India is Jubilant Foodworks. Minority shareholders should vote to remove the word 'Jubilant' from the name!