Do you read monthly disclosure email from Mutual Fund House.
- 446
- 15
-
- Last Comment
As mentioned in title and of your answer is yes then what are the important points to note down.
14 Comments
|
8 Dimers
- Sort By
https://www.desidime.com/discussions/do-you-read-monthly-disclosure-email-from-mutual-fund-house?page=1#post_9931051
Same here.
https://www.desidime.com/discussions/do-you-read-monthly-disclosure-email-from-mutual-fund-house?page=1#post_9931052
Btw it's not about managing portfolio
https://www.desidime.com/discussions/do-you-read-monthly-disclosure-email-from-mutual-fund-house?page=1#post_9930971
Usual things that I generally look for in AMC teams or specific AUMs is if;
‣ are the retail investors somehow subsidising the corporate investors, instructional investors.
do not know if it is as prevalent now or easy to monitor now, but AMCs often have incentive for the NAV to dip a couple of basis points around the time some quantum (say: 50 million plus) investments are to be made by institutional investors corporates/ PCGs.
They do so to get a boost in the average AUMs, even if it is not in the best interests of the retail and small investors.
‣ sudden or unexplained changes in the fund management team for a particular scheme/fund
or the key fund managers leaving the AMC.
‣ i personally am not a big fan of funds with a high churn ratio (frequently selling holding, like how day traders or short term traders do).
‣ Asset allocation data for trailing 12-13 months is also something i like to monitor.
‣ exposure to unsecured debt in any scheme and AMC as a whole
and disclosures about roundtripping of funds.
(Many large corporates often did and do engage in shady practices to inflate the size of the balance sheet).
So those things sometimes need financial forensic analysis.Maytas/Satyam, ILFS are not isolated incidents. https://www.reuters.com/article/idUSBOM525669.
Most PSU or semi PSU AMCs have infamy for their fund management teams often getting coerced by vested interests or sometimes the management teams themselves being in cahoots with such entities that raise funds via unsecured debt.
‣ are the retail investors somehow subsidising the corporate investors, instructional investors.
do not know if it is as prevalent now or easy to monitor now, but AMCs often have incentive for the NAV to dip a couple of basis points around the time some quantum (say: 50 million plus) investments are to be made by institutional investors corporates/ PCGs.
They do so to get a boost in the average AUMs, even if it is not in the best interests of the retail and small investors.
‣ sudden or unexplained changes in the fund management team for a particular scheme/fund
or the key fund managers leaving the AMC.
‣ i personally am not a big fan of funds with a high churn ratio (frequently selling holding, like how day traders or short term traders do).
‣ Asset allocation data for trailing 12-13 months is also something i like to monitor.
‣ exposure to unsecured debt in any scheme and AMC as a whole
and disclosures about roundtripping of funds.
(Many large corporates often did and do engage in shady practices to inflate the size of the balance sheet).
So those things sometimes need financial forensic analysis.Maytas/Satyam, ILFS are not isolated incidents. https://www.reuters.com/article/idUSBOM525669.
Most PSU or semi PSU AMCs have infamy for their fund management teams often getting coerced by vested interests or sometimes the management teams themselves being in cahoots with such entities that raise funds via unsecured debt.
https://www.desidime.com/discussions/do-you-read-monthly-disclosure-email-from-mutual-fund-house?page=1#post_9931055
no
https://www.desidime.com/discussions/do-you-read-monthly-disclosure-email-from-mutual-fund-house?page=1#post_9931142
I'll let it sit there, promising myself to read them whenever I open email.
Eventually other emails come and pushes it down. I won't feel guilty about not reading them anymore 
.
I have read them sometimes. Very dry read indeed.
https://www.desidime.com/discussions/do-you-read-monthly-disclosure-email-from-mutual-fund-house?page=1#post_9933212
No 😂
I only invest in funds which I trust.
https://www.desidime.com/discussions/do-you-read-monthly-disclosure-email-from-mutual-fund-house?page=1#post_9935041
Same here.
https://www.desidime.com/discussions/do-you-read-monthly-disclosure-email-from-mutual-fund-house?page=1#post_9933317
You know what I actually read one today. Just a list a stocks and instruments they invest and what percentage they hold.
https://www.desidime.com/discussions/do-you-read-monthly-disclosure-email-from-mutual-fund-house?page=1#post_9933553
So after this post you thought to give it a try.
View 1
more reply
https://www.desidime.com/discussions/do-you-read-monthly-disclosure-email-from-mutual-fund-house?page=1#post_9937151
No
Click here to reply
Reply
No