No Free Lunch in Financial Advice

Recently, while reviewing a fact sheet of a short-term debt mutual fund with its manager, one detail caught my attention — the expense ratio. The expense ratio represents the operating costs charged by a mutual fund for managing investors’ money. It includes fund...

Investment In Gold

After delivering my speech at a recent program, one of the participants asked me, ‘How much further will gold prices go up?” I replied with a smile, “Your guess is as good as mine”. The Reactions to Gold’s Rise The relentless rise in gold prices usually evokes three...

Skill or Luck?

Imagine walking into a casino and winning all 5 bets in a row. Are you really skillful… or just plain lucky? What actually defines skill? Does having skill guarantee results? Even a qualified doctor can’t promise perfect health — so how do we measure skill in our...

What Can go wrong ?

All asset classes—gold, real estate, bonds, equities—are shining. Mutual fund SIPs are at record highs, IPO collections are breaking records, numerous thematic Mutual funds NFO’s are launched, tax rates are being reduced, and AI mania is fueling optimism. Everything...

Importance of Diversification

In our client interactions, we often come across two common situations: Individuals with large exposure to their own companies through Employee Stock Options (ESOPs). Individuals who build concentrated bets on certain sectors or strategies due to their knowledge or...