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4402 ArticlesDeepak Shenoy

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The RBI Buys Gold, Buys US Dollars But Refuses to Help the Indian Government: From The Annual Report

The RBI has been hailed as an excellent regulator, but it's indeed disappointing that it chooses to fatten itself up at the cost of the Indian public and ...
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Is Inflation Going To Break the Debt and Gilt Fund Breakaway Run?

Debt funds have had a wonderful run last year, especially Gilt funds. The best gilt fund did over 14% in the last year. Is that going to change? The ...
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The Capitalmind Wealth Momentum Performance, and How It Weathered the Covid Crisis

Capitalmind Momentum Portfolio has delivered 28% for the year ending July 2020 with lower volatility than the broader market. Here's how the rule-based exit ...
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Sell Today, Buy Only Two Days Later: Exchanges Change the Rules

From August 1, retail investors will not be able to buy stocks with the cash generated after selling stocks on the same day. What does this mean for investors ...
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Saving Capital Gains Taxes through Rights Harvesting

You may have some capital gains in a financial year which you’ll need to pay tax for. This happens when you sell a house. Or when you sell your ESOPs. Or ...
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A 75% Discount on M&M Finance Shares: A Gift, or Desperate Measures?

M&M Financial Services announced a rights issue with a twist: For every share you own, you’ll have the right to buy one more share at Rs. 50. This is ...
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Wealth Letter July 2020: The Second Order, After the Wave of Liquidity

There’s this company called Meru. It offers cab rides to the airport. And then Covid hits us. No one’s taking rides to the airport. Very few people want ...
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Vodafone Pays Franklin and We Record a Good Trade

We get a low-risk 5% return from a strategy that bought and held the Franklin UST Bond Fund for a week. The gratification was delayed, however, till Vodafone ...
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Arbitrage Funds: You Don’t Want to be the Elephant in the Room

This analysis in this post was subsequently referenced in a 2nd July Business Standard article: “Rising shares of arbitrage funds in futures segment ...
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The Dichotomy of Markets

In 1958, US Industrial Production had fallen 10% in a year. The stock market was up 30%. John Templeton wrote "The influences on stock prices are so numerous ...
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