If only most index funds (even the big ones) weren't regularly outperformed by heavyweight active funds - compare icici pru index fund nifty plan g with say icici pru focused bluechip
Try one of pattabhiraman murari's calculators, the one available at www.freefincal.com/mutual-fund-analyzer-fund-a-vs-fund-b/ --srs (iPad) > On 30-Sep-2014, at 13:22, Mahesh Murthy <[email protected]> wrote: > > On Tue, Sep 30, 2014 at 1:04 PM, Shyam Sunder <[email protected]> > wrote: > >> >> >> Index funds are a great idea ... in the US. A lousy idea in India. ICICI >> Prudential fund recently shared that a 100% of their funds beat the >> benchmark index. Fund managers in India compete with each other, not with >> the index. Beating the Index here is a given. (Why so is a much longer >> discussion.) > > Actually not true. Depends on what your benchmark indices are, and in many > cases, these indices are not the Sensex or Nifty. And even if you do beat > these carefully and specially selected ready-to-be-beaten indices, you're > not alone: > http://www.livemint.com/r/LiveMint/Period1/2014/03/08/Photos/w_money-lead2.jpg > > More importantly, you need to do it AFTER you cut management fees - and > when you take out that 2% a year compounded, then none of these guys beat > the indices over a sustained period of time. > > >> Regarding DIRECT mode, as lawyers say, anyone who argues his own case has >> a fool for a lawyer. > > > > Wow. Such hubris. As though managing investments in stocks "should be > something left to the professionals" :-) > > You must say this to Buffet, Pabrai, Jhunjhunwala and others, just to get a > reaction :-) > > > >> There is a substantial difference in performance between the best and the >> worst funds. > > > This seems to fly in the face of your own logic that one should always buy > a professionally managed fund :-) > > >> >> >> By the same principle, "never touch it until retirement" is okay if you >> don't have the time, will and skill or don't have access to a good advisor. >> Monitoring and maintaining the quality of your portfolio is essential. > > Again, seems to fly in the face of the "pay some active professional > investor to manage your money" logic :-) > > >> Sorry folks, for suddenly waking up and bellowing, but this topic I seem >> to have acquired a little knowledge about. > > > > As they say about "a little knowledge" :-) > > > >> As soon as topics switch back to craft beer on the west coast, I will >> revert to radio silence. >> >> -----Original Message----- >> From: silklist [mailto:silklist-bounces+shyam.sunder= >> [email protected]] On Behalf Of Lahar Appaiah >> Sent: 30 September 2014 11:50 >> To: [email protected] >> Subject: Re: [silk] Financial planning >> >> Our own Deepak Shenoy has Indianized this: >> >> >> http://capitalmind.in/2013/02/9-point-financial-plan-indian-edition-and-comic-strips/ >> >> >> >>> On Tue, Sep 30, 2014 at 11:12 AM, Aditya Kapil <[email protected]> wrote: >>> >>> I think, pound-for-pound, Scott Adams's is the best 'averaged-out' >> advice: >> https://retirementplans.vanguard.com/VGApp/pe/PubVgiNews?ArticleName=DilbertGuidetoPersonalFinance >>> >>> Adit. >> >> >> ------------------------ >> Powered by BigRock.com >> >> >>
