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4402 ArticlesDeepak Shenoy

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Chart Of The Day: Bank FD Rates From 1976

The RBI has provided rates that banks used to give for one year deposits, all the way back to 1976. Here’s a plot of the “high” rates today (9.25 to ...
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DHFL’s “Bandra Book” – How To Make 11,000 cr. Appear and Disappear

There’s a good reason why you cannot trust the financials based on their numbers. A forensic audit of the beleaguered DHFL seems to indicate the books ...
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Laying the Dividend Yield Portfolio To Rest

We’ve decided to let one of our portfolios go. This is the Dividend Yield portfolio, which we did mention earlier that we would shutter soon. ...
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That Massive Promoter Selling: GMM Pfaudler Edition

GMM Pfaulder has an offer for sale that came right out of the blue, and here’s the thing that scared the bejeezus out of investors: The ...
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How Badly Has Indian Consumption Fallen? A Few Charts Show The Picture

You’re going to find this ugly. It’s now about 6 months since the first lockdown, and in that “semi” anniversary we see what the Covid ...
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Wealth Letter Sep 2020: Making sense of the Market Madness

This post is an edited excerpt of the September 2020 letter to our Capitalmind Wealth PMS clients ...
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Don’t Buy Smallcaps Because of SEBI Multicap Fund Regulations

SEBI has a new circular which mandates that all multi-cap funds will have to change their allocation to: minimum 25% in large cap stocks min 25% in mid-cap ...
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Banks See Massive Drop in Commissions from Mutual Funds

The biggest loser in the new rules for mutual funds, where SEBI has cut upfront commissions, total expense ratios and others, have hit revenues for ...
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Premium: Culling the Multicap Portfolio Means a Few Exits

The Multicap portfolio has been on hold for a while, as we analyzed the look of future events. We will do a few things: Pare down the list to just 15 stocks We ...
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Why Are Gilt Funds Down? That, and Fixed Income Portfolio Changes.

Gilt fund (and most bond fund) returns have fallen dramatically in the last few days. Nippon’s Gilt fund shows a negative return on a three month basis: ...
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