Wealthy & Wise (February Edition)

CONTENTS
Inflation: The Retirement
Chewing Monster04
Honeymoon Phase Is
Over : Bitcoin
Rural Sector opportunities – In
discussion with Mr. Krishna
Kumar, CIO – Sundaram Mutual Fund
2018 Could Be The Turnaround
Year For Real Estate
4 Mistakes You Need To Avoid In
The Current Market Rally
Decipher The Book : “How
Rich People Think” by
Steve Siebold
Market Insider – Facts &
Figures of recent trends
Gizmo Plush
07
09
13
19
26
22
27
29
09
07
17
13
22
19
Budget 2018 – Raising a Toast
to India’s Health By Mr. Sanjay
Sapre, President – Franklin Templeton
MF
“MONA LISA” In The Bank
– Art Market Overview
Scorecard : Comparison of
Top MF Schemes & PMS
17
31
WEALTH INSIGHT MAGAZINE

Inflation: The Retirement Chewing Monster
WEALTHY & WISE PAGE 04
Despite these witty quotations, no
one could say it strongly enough –
when living on a fixed income, inflation
has a profound impact on your quality
of life.
The American Heritage Dictionary of
the English Language defines inflation
as, "A persistent increase in the level
of consumer prices or a persistent
decline in the purchasing power of
money, caused by an increase in
available currency and credit beyond
the proportion of available goods and
services." Basically, inflation makes
goods and services more expensive
and decreases the value of your
money.
"Inflation is when you pay fifteen
dollars for a ten-dollar haircut you used
to get for five dollars when you had
hair." -Sam Ewing
"Inflation is as violent as a mugger, as
frightening as an armed robber and as
deadly as a hit man." -Ronald Reagan
When you are working – your income
generally rises as the costs of goods and
services increase. Your earnings "keep
pace with inflation", so normal inflation is
not generally a big concern. However,
when you are living off of savings –
inflation literally robs you of income. Most
people underestimate the impact that
inflation will have on their retirement plans.
Even at relatively low rates, inflation is a
real thief of buying power over time.
Most experts feel safe recommending that
individuals calculate their retirement needs
using an 8 percent inflation rate. But, it is
important to understand that we have seen
(as in the late seventies, eighties and early
nineties) sustained inflation rates of around
12-17 percent!
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In 1957, the price of ambassador was Rs.
16,000. By 2014, it’s cost spiked to Rs5.50
Lacs. The premium property rate in the
early ’70s was about 90 Rs/sq.ft today it’s
around 74,000 Rs/sq.ft. And a litre of
petrol in ’89 was 10 rupees. But recently
we’ve seen it as high as 80 rupees. Those
price differences are astonishing. That is
what you call inflation. And the biggest
impact of inflation on your retirement will
be on your purchasing power.
Failing to account for the effects of
inflation is a very damaging mistake.
Perhaps the following example will help
you understand the real world
implications.
These scenarios assume that you now
require Rs. 12,00,000 a year to maintain
your lifestyle and would like to maintain
that standard of living in retirement. An 9
percent inflation rate is used -- the recent
historic average (neither low nor high):
• If you need Rs 12 Lakh a year to live
now (your age is 58 years), you will need
Rs28.40 Lakhs a year by the time you are
68 years old, to support the same
standard of living.
• Rs 52 Lakhs a year is the amount of
money you would at age 75(if you retired
at 58).
• And, if you retired at 58 and lived to be
85 years old – another 27 years, you will
need Rs 1.22 Crores a year!
The fast developing medical technology is
helping in longer life span. No wonder if
the normal life expectancy increases by 10
to 15 years over next decade or two. That
will add more fiscal stress to retirees who
couldn’t plan ahead well.
Secondly, predicting the future inflation is
an impossible task. One needs to
continuously attune the portfolios with
rising or falling inflation trends. Any
mismanagement will lead to loss of wealth
and purchasing power.
Medical facilities will keep us alive longer,
that’s a good news. But, they will continue
to be expensive is a bad news. Retirees
need to plan well in advance for medical
expenses too.
Today's
Value Rs
Lakh In 5 years
In 10
Years
In 15
Years
In 20
Years
5 3.12 1.94 1.21 0.75
10 6.24 3.89 2.43 1.51
20 12.5 7.78 4.86 3.02
30 18.75 11.67 7.29 4.53
Impact of inflation on purchasing power
Inflation assumed at 9%
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Inflation can act as double-edged sword.
Inflation on the higher side will diminish
your purchasing power whereas if it is too
low it can reduce returns on your
savings/investment.
Inflation erodes your purchasing power. It
makes your Savings go down in value.
Think of a 8% inflation rate as a 8% tax
on your money.
A compact retirement plan should factor
for two types of overhead: fixed and
social. Fixed expenses like food, medical
bills, utilities, insurance and other
miscellaneous costs. Social expenses
like entertainment, travel, and other
activities that you desire to experience for
as long as you live. These expenses will
keep on rising over your lifetime
"Inflation is taxation without
legislation." -Milton Friedman
"Inflation is when sitting on your
nest egg doesn’t give you anything
to crow about." -Unknown
The good news is that some pension
programs (though increasingly few)
adjust your income for inflation. The
bad news is that if you are living in
retirement by withdrawing from
investments or savings, then the
value of your money will dramatically
decrease overtime. You will require far
more money to support your lifestyle
in the future. These insights will go a
long way in helping to make sure you
aren’t facing INFLATION MONSTER
in your retirement phase.
Sameer Rastogi,
SAKSHAM WEALTH
Solutions Pvt. Ltd.
Back to index

Honeymoon phase is over : Bitcoin
More risk often brings more profit, but
taking the shot in the dark sometimes
leads to severe fatality. People are
always looking out for new ways to
grow their wealth. Many believe
BITCOIN is that thing, but they tend to
forget one key aspect amid all this hype
surrounding it that losses associated
with Bitcoin are more certain than
earnings because it is highly
unpredictable, volatile and obscure.
Even hardcore supporters of Bitcoin
don't deny the fact that trade in
cryptocurrency is an extremely risky
affair. That's why Bitcoin and other
alternate cryptocurrencies are banned
in various countries around the world
and the Reserve Bank of India (RBI)
has many times warned the people
about the repercussions of Bitcoin
trading. And therein lies the problem
with Bitcoin and its virtual cousins:
Quick money often leads to
disappointment. Already this year,
Bitcoin has seen heart-stopping drops,
prompting more consumer warnings
from regulators.
Points To Ponder
Bitcoin is a Bad Investment
Bitcoin, and all other cryptocurrencies
are not real investments comparable to
a home, real estate, stocks, bonds,
mutual funds or other assets that
produce income or are visible assets
that can experience genuine price
appreciation. In a sense,
cryptocurrencies are an illusion, a
game of sorts, that will end badly for
most investors, especially if they have
borrowed money to gamble on
cryptocurrency price appreciation.
Back to index

The vision of pseudonymous founder
Satoshi Nakamoto was to create peer-to-
peer payment network where users
wouldn’t have to pay the undue charges to
the banking system. In truth today, Bitcoin
operates quite similar to any banking
network with various middlemen like
exchanges, miners demanding fees, thus
making it far less unique and time resilient.
The real hero/true potential in all this
Bitcoin noise is not the cryptocurrency
but the underlying technology that makes
cryptocurrency transactions as feasible
and efficient as they are, which is
Blockchain. Already many global entities
have realized the potential of Blockchain
which can be used to revolutionize the
way financial transactions are taking
place. There are various areas of
application for this technology, such as
land registry/transfers, securities
settlements, among others. By the time
they start incorporating this technology in
the mainstream system, the entire aura
around this Bitco-mania will fizzle out.
To sum it up Bitcoin rise is a
pedigree of the exuberant trader
speculation, which has fuelled its
rise.
Every Bubble Has Winners
Well looking back, those who invested
early in Bitcoin and other
cryptocurrencies, and already have cashed
out, are the winners. While some who
jump into this game today may hit big and
actually make a profit if they then sell at
the right time. However, most will lose.
Bitcoin Is Massively Volatile
So the recent drop in the price of most
cryptocurrencies, and not just Bitcoin,
illustrates how erratic the price of all
cryptocurrencies are and the reality that
this price volatility has no rational basis.
Neither cryptocurrencies have any
intrinsic value, nor do they generate any
income or cash flow for those who
“invest” in them.
“I hope Bitcoin becomes a better
way of doing it, (but) the idea that it
has intrinsic value is joke.” – Warren
Buffett
Abhay Gupta,
SAKSHAM WEALTH
Solutions Pvt. Ltd.
Back to index

Centre Stage
A conversation with Mr Krishna
Kumar, CIO of Sundaram Mutual
Fund and his thoughts about
Sundaram Rural India Fund.
Could you please tell us a bit about the
fund and how this current budget and
overall policy of the government impact
the rural theme?
Our belief is investing in Rural as a
theme is about participating in the
expected transformation of the rural
economy. We strongly believe that the
rural economy is poised to grow at much
higher rates over the coming years and
is poised to transform itself into a vibrant
and prosperous segment of the country.
But this will be over a long period of time
– 10 to 15 years and hence we feel that
this is a theme for long term investing.
Rural India is a vital part of the Indian
economy. 70% of our population still
resides in rural India. Until about a
couple of years back, there were various
headwinds which this segment suffered.
However over the last 3 years on the
back of transformative policy changes
and good monsoon, the outlook for the
rural economy has changed.
Of late, apart from government led
initiatives, nature has been more
merciful. Monsoons have been near
normal which should help increase crop
production and acreage.
Mr. Krishna Kumar, Chief Investment Officer,
Sundaram Mutual Fund. Voted amongst Top 10
Best Fund Managers by ET Wealth(August’16),
he brings over 20 years of experience in Indian
equity markets. He manages several flagship
fund ( Sundaram Select Midcap, S.M.I.L.E, Tax
Saver, Rural India & several others).
Centre Stage : Emerging Rural Theme
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This would result in rural prosperity,
thereby leading to a higher propensity to
consume and thus benefitting various
entities like finance companies,
consumer durable players as well as
automobile players.
For starters, the government has tried to
tackle the common problems of the
average Indian farmer i.e. dependency
on monsoons, lack of farm productivity,
lack of proper compensation for
produce and lack of downside
protection. These measures started
roughly 3 years back and have been
augmented in each budget.
To reduce dependency on monsoons,
allocation of Rs 5000cr to a micro
irrigation fund was done in the last
budget. In the 2018 budget, Ground
water irrigation scheme was announced
which would be undertaken in 96
districts and has an Rs2600cr
allocation.
For downside protection, a game
changing revamped Crop Insurance
initiative by the incumbent government
has cheered up farmers. This replaces
National Agricultural Insurance
Schemes and has some enhanced
mechanisms which are farmer friendly.
For instance, premiums are capped at
2% for food grains and 5% for
commercial crops whilst all claims are
proposed to be settled in 25 days or
less.
It provides a comprehensive risk cover for
flood, fire, lightning, landslides, drought
etc. and has 53 crops under coverage.
The Union Budget 2017 increased area
under crop insurance to 40% of cropped
area for FY18 and 50% of cropped area
for FY19 (30% previously). The latest
budget reinforced the government’s focus
on the same.
Rs 2600 cr.
allocated for
Water
Irrigation
scheme
Another important initiative is the launch of
electronic National Agricultural Market
which integrates 21 APMC mandis from 8
connected states. All 585 mandis would
be online by March 2018 and online
trading in 25 crops would start. As per the
recent budget, we are firmly on track to
achieve the same with 470 APMCs
connected to the network. A single trader
license would be valid across all markets
and this would enable farmers to sell in a
Mandi of their choice and they are free
from repressive pricing of local cartels.
Price discovery would happen in a
transparent manner and a larger market is
at hand for farmers to sell their produce.
So what are these initiatives by the
government which make us bullish on
this theme?
Back to index

Construction/Infrastructure focus by higher
allocation by the government coupled with
higher NREGA spends augurs well for
rural prosperity. A strong irrigation focus
which was long pending with doubling of
allocation to INR54,212cr as well as fast
tracking of 89 irrigation projects and a
INR20,000cr long term irrigation fund
under NABARD would boost the sector
also. This time, the budget augmented the
same with Rs10,000cr allocated to Fishery
& Aquaculture as well as Animal
Husbandry.
The portfolio doesn’t consist of 100%
rural stocks. Why is that so?
Please note that this is a broad
thematic oriented multi cap fund
which invests in stocks and sectors
benefitting from growing rural
prosperity, so in that sense it is not a
pure agriculture sector fund i.e. a fund
with 100% allocation to pure agri
sectors like farming implements,
pesticides & fertilizers etc. Our
strategy is that we shall populate the
portfolio with names which benefit
from overall rural prosperity bestowed
thanks to the aforesaid measures and
this would have 4 sub themes which
should ideally benefit i.e. pure agri
implements (Farm to Fork), financial
inclusion, rural prosperity and rural
infrastructure.
There are other good measures like
targeting 100% rural electrification by
1st May 2018. Higher allocations to
roads, soil health cards etc are also
worth mentioning here. Credit for
agricultural activities also will be
boosted from Rs10 lakh crore to 11
lakh crore. Rural India will be a big
beneficiary of implementation of the
7th Pay Commission and OROP as
53% of the govt. employees reside in
Rurban India (Source: JM Financial
Report – ‘Rural Safari III’ dated May
04, 2016)
We can see the benefits of the above
measures flowing to consumer
staples, durables, automobiles as well
as tractors and farm machinery.
Second level beneficiaries would be
farm inputs, animal/diary protein,
financial sector and infrastructure.
So the biggest headache for the farmer
i.e. proper compensation for produce
would be taken care of.
2018 budget also allocated Rs2000cr to
develop the non APMC regulated
Grameen markets – numbering close to
22,000. Food processing sector also got a
boost with Rs1400cr allocation.
Also, to ensure boost to farmer
productivity, the Contract Farming model
was revamped which would ensure proper
implements and research is given to
farmers and in turn the companies also
get a steady and uniform quality of
produce.
Back to index

Ideally this can be positioned as a
multi cap fund with a broad rural
prosperity thematic and can be
invested in lump sum or STP/SIP
mode for a time duration of 2-3 years
and beyond.
What do you attribute the
outperformance of the fund to over
the last 3 years ?
Performance wise the fund has
consistently outperformed its
benchmark since inception and of
late, performance has really
excelled. This is primarily due to
outperformance of our
consumption stocks in the portfolio.
Going forward we are positive on
contribution from other verticals like
farm inputs, financials and
infrastructure.
How has the portfolio been
constructed?
The fund follows a bottom up
approach to stock selection to
construct the portfolio under broad
themes / sectors we discussed earlier.
These sectors are :
• Agriculture inputs like seeds,
herbicides, pesticides, fertilisers,
etc.
• Agriculture automation aids like
tractors, tillers etc.
• Diary, poultry and food processing
• Micro Financing, small finance
banks, tractor & home finance
• Construction/irrigation
Infrastructure and
• Agri output value chain like Sugar,
Tea, Cotton etc.
The other sectors would be Consumer
Discretionary like durables, apparel &
textiles, personal transportation, retail
Consumer staples and food, Building
materials & paints.
All of above are beneficiaries of rural
prosperity.
How is the theme suitable in the
shorter term and long term?
Back to index

This is the wringer probably most
investors would have asked
themselves a number of times in the
past few months. Thanks to the
recent volatility in the stock markets.
With ever increasing stakes in the
stock market, investors cannot afford
to keep repeating actions that can
lead to serious negative
consequences for their financial
goals. With the equity market moving
to spectacular heights before
succumbing to gravity in the first
week of February, it's easy to get
edgy or over-excited.
4 Mistakes you need to avoid in the current Market Rally
“The investor’s chief problem ( even his worst enemy) is
likely to be himself.”
- Benjamin Graham
With flashy newspaper headlines
about market rise globally & huge
gains in Market Cap, everyone gets
excited. New investors in equity,
especially the ones drawn in by the
gains that are being made by
people around them, run the
maximum risk of making costly
blunders. Here are some screw-
ups every investor need to avoid :-
What should I do now?
Back to index

Chasing The Highs
A stock does not become a good buy
simply because its price has been rising
phenomenally. Once investors start
selling, the price will drop drastically.
Ditto with a mutual fund. Every fund will
show a great return in the current Bull
Run. That does not necessarily make it
a good fund. One must track the
performance of the fund over a bull and
bear market, watch out for portfolio
quality & valuation before making a
choice.
Quitting In a Hurry
The desire to be right about timing the
markets is very high among investors.
Coming off from a peak market into a
trough creates anxieties. Stories about
how people lost all the money because
of not getting out at the right time, start
flashing vividly in minds of investors.
Tentativeness about how far the markets
will run up will increase as naysayers
point to the end of the bull market with
every rise. Remember that a bull market
is never a linear path and is
characterized by its highs & lows. No
one knows how far your stock/fund will
run and you may regret quitting too
soon. Allow your gains to be
compounded.
Back to index

Investing Vs. Gambling
Don’t confuse gambling or speculation
with making an investment. If you are
acting on a hot tip or blindly picking a
stock/fund, you are actually gambling.
Investing means making a decision
based on factual information & your
willingness to stick with it for a while.
You and your advisor must have total
conviction in the investment made.
Investment is about achieving goals and
not about trying your luck.
Investing Without a Plan
Most people like to plan like planning for
vacations, dining-out or buying a car.
But, in comparison, people hardly spend
any time and energy in investment and
financial planning. This is a big mistake.
Numerous studies show that people
who seek professional help to create a
written investment plan tend to
financially outperform their friends &
relatives. This outperformance is not by
just a few percentage points, but by
multiples.
Back to index
Abhay Gupta,
SAKSHAM WEALTH
Solutions Pvt. Ltd.

Budget 2018 – Raising a Toast to India’s Health
Sanjay Sapre, President,
Franklin Templeton Investments
– India.
Despite being the last full budget for
the NDA government before the
general elections next year, the
finance minister walked a fiscal tight-
rope to present a balanced budget
wherein he proposed various
measures for the social, rural and
infrastructure sectors, besides
incentives for senior citizens,
corporates and the salaried class. A
key announcement was the launch
of a flagship National Health
Protection Scheme to cover over 10
crore poor and vulnerable families
(about 50 crore beneficiaries)
providing secondary and tertiary care
hospitalization coverage upto Rs.5
lakh per family per year.
The anticipated re-introduction of long
term capital gains (LTCG) tax on equities
was announced with a 10% tax on LTCG
without indexation benefits provided the
gains exceed Rs.1 lakh. Only gains
earned post January 31, 2018 would be
charged to tax. While securities
transaction tax (STT) was introduced in
2004 in lieu of LTCG, it remains to be
seen how long both forms of tax will be
charged in unison. Introduction of LTCG
tax may lead to moderation in asset prices
as the market factors in a lower level of
realized post-tax returns. The budget also
brought the dividend distributed by equity
oriented funds under the tax net with a
10% dividend distribution tax (DDT). Thus
equity oriented funds would now be taxed
irrespective of growth or a dividend option
as well as across investment horizons.
Introduction of DDT may help to curtail the
current inappropriate practice of
purchasing equity oriented hybrid funds
for the lure of regular dividends. However,
by not bringing equity-oriented ULIPs (Unit
Linked Insurance Plans) under the ambit
of LTCG, the budget has introduced an
undesirable tax arbitrage which may drive
investors towards ULIPs which may not
be in their best interest.
PAGE 17WEALTHY & WISE Back to index

The budget was very positive on the
infrastructure front with the outlay
increased by 20% from Rs.5 lakh cr
(approx.) to Rs.6 lakh cr. This will
include roads, railways, airports,
smart cities, besides digital
infrastructure. This coupled with the
thrust on affordable housing
reiterates the government’s emphasis
on achieving the twin objective of
growth and employment generation.
What I missed in the budget was a
thrust on augmenting private sector
capex, and initiatives to improve the
health of the housing construction
sector (for urban middle class). A
focus on enabling retirement savings
via Mutual Fund Linked Retirement
Plans (MFLRP) is also a missed
opportunity. Such a scheme can play
a significant role in improving the
footprint of mutual funds as a long
term investment product and help
channelize household savings to
capital markets.
Besides taxing of equity funds, the
budget showed a focus on
developing the bond markets. Large
corporates being nudged to meet
about one-fourth of their financing
needs from the bond market and
permitting bonds with an ‘A’ rating to
be treated as eligible investment
securities (vis-à-vis ‘AA’ rated bonds
currently) should help deepen and
diversify the corporate bond market.
The government’s willingness to
explore the Debt ETF route for its
PSU disinvestment program is also a
positive development in this regard.
However, concerns about rising
inflation, a rate hike, deviation from
the fiscal glide path and narrowing
liquidity surplus resulted in the 10
year G-Sec yield moving up by 18
bps post the budget announcement.
Senior citizens cheered the
incentives on additional exemption
on interest income from bank and
postal deposits, a higher investment
limit in an assured return
government backed pension scheme
and higher tax benefit limits for
health insurance premium. Standard
deduction also made a comeback for
the salaried class after it was
abolished in 2005.
Nevertheless, I commend the
budget for the balance shown
between populist measures
and fiscal prudence. – Sanjay
Sapre
PAGE 18WEALTHY & WISE
Govt. launching National
Health Protection Scheme
to cover over 10 crore poor
families. Budget allocation on
Infrastructure outlay
increased by 20%.
Back to index

2018 could be the turnaround year for Real Estate.
Apparently, to most casual observers, it
would look that the real estate sector is in
dumps. That, this sector is marred with
Builders getting bankrupt, or investors
paying EMIs in projects that have been
either delayed or nearly shelved. No
doubt, the distress is high. But have we
seen enough or there is more to come.
According to experts, Real Estate has
already gone through enough of pain.
From here on, consolidation and gradual
recovery should take place.
However, this recovery will not be broad
based or at a break neck speed. It will
happen in selective pockets.
One of the biggest painpoint of Real
Estate sector is oversupply. This is
problem is getting corrected slowly and
silently. You may refer the charts on the
next page showing continuous fall in
fresh project launches over the last 5
years.
Back to index

The below charts show that while the Residential sector oversupply is being
tamed through reduction in fresh launches (down by 60%), the sales volumes
have not plummeted that sharply (down by 40%), which is a good sign. Sooner or
later, the sales volumes will increase with increase in income and corporate
earnings. This shall create an equilibirium and set the ball rolling for new Real
Estate cycle.
Back to index

Noteworthy here that the
Commercial sector is far better
placed than Residential sector. The
chart on the right shows that the
supply has been kept steady all
these years, while the sales volumes
too have kept pace. Referring to the
charts, the number of transactions
have gone up along with increase in
rental rates. As a matter of fact, in
2012, the problem of oversupply was
limited to Residential Sector only.
The commercial sector didn’t build
that problem around itself and
managed to remain unscathed.
Now that the Demonetisation,
GST and RERA have come
into acceptance, we will see
consolidation of projects in the
real estate sector. The impact
of all policy initiatives taken in
2016-17 are beginning to take
shape. Completion of existing
projects will be prioritized over
launching new ones. With new
guidelines, developers will be
remodeling their business
processes to streamline
delivery and allied services,
without stretching themselves
too much in terms of debt or
scope of work. The real estate
engine will finally be on track
Sameer Rastogi,
SAKSHAM WEALTH
Solutions Pvt. Ltd.
Back to index

Decipher The Book : "How Rich People Think"
Getting rich is all a mind
game. Multiplying your wealth has a lot
more to do with psychology and mindset
than we might think.
In 1937, Napoleon Hill preached in his
bestselling book, “ Think and Grow
Rich,” the same logic after his intensive
study of over 500 self-made millionaires.
Steve Siebold, another self made
millionaire of our times, who has
interviewed 1,200 of the world’s
wealthiest people during the past three
decades, too agrees. According to his
book, “How Rich People Think, "getting
rich often has less to do with the money
than the mentality,
Here are the key mindsets of the
wealthy that you could adopt today:
1. Rich people think selfishness is a virtue.
"The rich go out there and try to make
themselves happy. They don’t try to pretend
to save the world," writes Siebold.
2. Rich people believe poverty is the root of
all evil. "The average person has been
brainwashed to believe rich people are lucky
or dishonest," he writes. “The world class
knows that while having money doesn’t
guarantee happiness, it does make your life
easier and more enjoyable."
3. Rich people have an action mentality while
average people have a lottery mentality.
"While the masses are waiting to pick the
right numbers and praying for prosperity, the
great ones are solving problems," Siebold
writes.
4. Rich people believe in acquiring specific
knowledge ... while average people think the
road to riches is paved with formal education.
"Many world-class performers have little
formal education, and have amassed their
wealth through the acquisition and
subsequent sale of specific knowledge,"
Siebold writes.
5. Rich people dream of the future .. while
average people long for the good old days.
"People who believe their best days are
behind them rarely get rich, and often
struggle with unhappiness and
depression," Siebold writes.
Back to index

6. Rich people think about money
logically... while average people see
money through the eyes of emotion.
"An ordinarily smart, well-educated,
and otherwise successful person can
be instantly transformed into a fear-
based, scarcity-driven thinker whose
greatest financial aspiration is to retire
comfortably," Siebold writes.
"The world class sees money for what
it is and what it's not, through the eyes
of logic. The great ones know money is
a critical tool that presents options and
opportunities.”
7. Rich people follow their passion...
while average people earn money
doing things they don't love.
"To the average person, it looks like the
rich are working all the time," Siebold
says. "But one of the smartest
strategies of the world class is doing
what they love and finding a way to get
paid for it."
8. Rich people are up for the
challenge.. while average people set
low expectations so they're never
disappointed.
"Psychologists and other mental health
experts often advise people to set low
expectations for their life to ensure they
are not disappointed," Siebold writes.
But, he says, "no one would ever strike
it rich and live their dreams without
huge expectations."
“Middle class believes building
wealth is a solitary effort… World
class believes building wealth is
a team effort” - Steve Siebold
--------------------------------------------
The average person clocks in at
nine and out at five. They are
paid for the results of their
individual efforts. This limits what
they’re worth to an organization.
The world class knows it takes a
team to build wealth, and they
focus much of their effort on
finding the right people to
leverage their actions and ideas.
The greatest fortunes are built
through the collective mental and
physical contributions of a world-
class team.
--------------------------------------------
Back to index

WEALTHY & WISE
“Middle class is externally
motivated
to make money. World class is
internally motivated to make
money”
- Steve Siebold
--------------------------------------------
The average person works for
money. If their employer stopped
paying, they would stop showing
up. The great ones work
because they love what they do
and their work is one of the most
fulfilling aspects of their lives.
--------------------------------------------
11. Rich people find peace of mind in wealth
while average people let money stress them
out.
The reason wealthy people earn more wealt
is that they're not afraid to admit that mone
can solve most problems, Siebold says.
12. Rich people would rather be educate
than entertained... while average peopl
would rather be entertained than educated.
"Walk into a wealthy person's home and on
of the first things you'll see is an extensiv
library of books they've used to educat
themselves on how to become mor
successful," he writes. "The middle clas
reads novels, tabloids, and entertainmen
magazines."
Sameer Rastogi,
SAKSHAM WEALTH
Solutions Pvt. Ltd.
9. Rich people know the markets are driven
by emotion and greed... while average people
believe they're driven by logic and strategy.
"The rich know that the primary emotions that
drive financial markets are fear and greed,
and they factor this into all trades and trends
they observe," Siebold writes. "This
knowledge of human nature and its
overlapping impact on trading gives them
strategic advantage in building greater wealth
through leverage."
10. Rich people teach their kids to get rich...
while average people teach their children how
to survive.
Rich parents teach their kids from an early
age about the world of "haves" and "have
nots," Siebold says.
Back to index

Money can't buy everything, but it can
certainly get you some really awesome
gears. Like, if you have $190,000 or
close to Rs. 1.25 crores lying around,
you can get your hand on this mean
and very slick vehicle. At the first look it
gives a feel of futuristic machine coming
straight out of any Sci-fi film. In reality
this an amphibian creature that can fly.
This machine can get up to 20 feet off the ground and hit a top speed around
70 mph thanks to an assist from a 130-hp twin-cylinder, liquid-cooled gas
engine. It has both a thrust propeller and a lift fan to help it fly. Though the
hovercraft has some flying skills, it needs to be registered as a boat. With
current government aggressively pushing for inland waterways development, it
may not be long that we could see this mean machine buzzing around Ganges.
You may be familiar with the concept of
the hovercraft. It’s an inflatable craft that
glides over land and water on a cushion
of air. Now add wings, a cool yellow and
black paint design and a $190,000 price
tag and you get the Flying Hovercraft
designed by Hammacher Schlemer.
Where To Buy : www.hammacher.com
Gizmo-Plush
WEALTHY & WISE PAGE 26Back to index
Abhay Gupta,
SAKSHAM WEALTH
Solutions Pvt. Ltd.

“Mona Lisa” in the Bank
Last year “Salvator Mundi” by
Leonardo da Vinci sold for the record-
breaking bid of $450million(Rs. 2,925
cr) at Christie's. In January 2017, an
abstract oil painting by Vasudeo S
Gaitonde fetched nearly $ 4.5
million(Rs. 29 crore). This has been the
costliest Indian painting sold according
to ARTERY India. Investing in art is
picking up trend & has been rewarding
for informed investors. For e.g., an M.F
Hussain work could have been bought
for Rs 1 lakh in the early-90s. Today, a
typical work of the master painter could
cost upwards of Rs 50 lakhs. This is a
neat 15% CAGR over last 25 yrs. It is a
similar story with other Indian painters
such as Raza, Souza, Amrita Shergil &
Anjolie Ela Menon. In India, paintings
comprise 99% of the art market. If you
are keen to invest in art, it is important
to understand what the game is all
about and a few basics of this asset
class.
Things to consider while
investing in art
• Art is not for trading. Invest for
the long term.
• Not all artwork done by
renowned artist are
masterpieces.
• Buy what you like, as you may
get to keep it for lifetime.
• Research the artist you want to
buy.
• Your art doesn’t give any
additional income like interest
or dividends.
Back to index

Art is a good investment. Having said
that, you cannot buy art as just an
investment. You have to buy it as
something you are passionate about. If
you own a painting of a well-known
artist backed by a good gallery,
chances are it will see a slight
appreciation over five-seven years. But
real appreciation will happen over 10-
12 years or 20 years.
Art experts are optimistic about the
Indian antiquities market because of
the revised Antiquities and Art
Treasures Regulation( Export and
Import Bill, 2017). Since the passing of
the Act, there is no further need for
special licenses for selling art objects
more than 100 years old within the
country. Before this, the traders
couldn’t sell antiques like coins,
sculptures, paintings, or other works of
art without permit. This development
makes experts feel bullish about the
antiquities market. With online auction
space widening & with rich affluent
families investing in art, the volumes &
prices are only likely to get bigger.
Painting By M.F.Hussain
Back to index
Sameer Rastogi,
SAKSHAM WEALTH
Solutions Pvt. Ltd.

Market Insider
Indian Equity Market SummaryIndian Debt Market Summary
WEALTHY & WISE PAGE 29Back to index

Global Equity Benchmark Indices Return (as on 15th February 2018)
Global Commodities Benchmark Return (as on 15th February 2018)
Returns upto 1 year are absolute & over 1 year are compounded annualized.
Returns upto 1 year are absolute & over 1 year are compounded annualized.
Commodities 1 Month 3 Months 6 Months 1 year 3 Years 5 Years
Crude Oil -6.67% 5.84% 21.05% 11.75% 4.40% -9.99%
Natural Gas -18.83% -12.18% -10.38% -8.37% -1.76% -3.64%
Coal -0.64% 4.94% 2.08% 16.93% 10.83% 1.96%
Gold 0.07% 2.57% 2.35% 7.27% 2.46% -4.52%
Silver -4.74% 1.52% -4.01% -8.69% -0.80% -12.76%
Platinum -2.29% 3.22% -0.62% -4.05% -6.62% -11.96%
Lead -2.27% 0.44% 7.32% 10.58% 11.84% 3.04%
Copper -6.51% 0.00% 5.54% 10.10% 5.15% -3.97%
Indices 1 Month 3 Months 6 Months 1 year 3 Years 5 Years
DOW JONES -4.89% 4.84% 10.60% 16.65% 9.86% 10.68%
FTSE 100 -8.25% -2.98% -2.05% 0.06% 5.47% 2.25%
S&P 500 -5.18% 3.30% 9.91% 11.00% 7.00% 10.26%
SENSEX -1.80% 3.51% 7.94% 15.76% 5.17% 11.44%
DAX 30 -8.62% -3.64% 0.39% 3.07% 3.26% 8.36%
IBEX 35 -8.38% -4.83% -7.01% 1.78% -4.14% 3.05%
CAC 40 -7.95% -4.36% 0.53% 5.13% 2.19% 6.15%
NIKKEI 225 -11.79% -4.65% 7.55% 9.20% 4.74% 11.81%
SHANGHAI 50 -6.09% 0.03% 9.61% 17.10% 6.05% 8.16%
HANG -SENG -2.53% 4.66% 10.29% 21.27% 6.97% 6.12%
Back to index

WEALTHY & WISE
Scheme AUM(Cr) 30 Day 3 Mon 6 Mon 1 Yr 3 Yr 5 Yr 10 Yr
Ratin
g
SBI - Small & Midcap Fund Reg (G) 888 -7.2 10.37 35.56 53.3 27.26 36.84 NA *****
HDFC - Small Cap Fund (G) 1783 -5.26 8.06 26.52 44.13 21.54 23.97 NA **
Reliance - Small Cap Fund (G) 5664 -6.81 7.45 25.64 42.66 23.69 35.39 NA ***
L&T - Emerging Businesses Fund (G) 2892 -6.48 4.03 19.03 40.17 25.32 NA NA ****
HSBC - Midcap Equity Fund (G) 584 -8.44 4.61 23.48 31.24 17.69 26.69 10.02 *
Aditya Birla SL - Small & Midcap Fund Reg (G) 1549 -7.66 1.67 17.37 30.03 21.18 27.46 14.99 **
Sundaram - Smile Fund Reg (G) 1384 -8.52 2.27 15.83 29.16 16.09 27.88 15.5 *
Union - Small and Midcap Fund Reg (G) 279 -7.66 6.31 17.5 26.69 10.43 NA NA *
Reliance - Mid & Small Cap Fund (G) 3424 -6.67 2.38 14.79 24.29 14 25.36 14.6 **
Franklin - India Smaller Companies Fund (G) 7075 -5.78 2.80 15.47 24.19 31.78 29.38 16.94 ****
TOP 10 MUTUAL FUNDS : EQUITY - SMALL CAP
TOP 10 MUTUAL FUNDS : EQUITY - MID CAP
Scheme AUM(Cr) 30 Day 3 Mon 6 Mon 1 Yr 3 Yr 5 Yr 10 Yr Rating
IDFC - Sterling Equity Fund Reg (G) 2065 -7.03 3.04 14.78 36.6 15.23 21.72 18.82 ***
Edelweiss - Mid and Small Cap Fund Reg (G) 556 -6.58 5.9 20.67 33.8 16.5 27.15 13.72 ***
Aditya Birla SL - Pure Value Fund Reg (G) 2300 -7.73 2.94 19.16 31.87 19.71 29.74 NA ****
SBI - Emerging Business Fund Reg (G) 2234 -3.81 5.94 17.61 30.14 13.82 17.98 13.43 **
L&T - Mid Cap Fund (G) 1732 -7.14 -0.24 12.56 29.74 19.6 28.78 16.17 ****
Can Robeco - Emerging equities Reg (G) 2823 -5.45 2.38 12.02 29.07 18.21 29.1 17.31 ****
Escorts - Growth Plan (G) 5 -3.58 3.77 12.75 28.39 13.09 21.41 8.6 NR
Reliance - Reg Savings Equity Plan (G) 3373 -6.41 1.15 14.17 27.34 12.21 17.96 11.89 *
Principal - Emerging Bluechip (G) 1504 -6.36 0.6 12.89 26.97 17.81 26.77 NA ****
Taurus - Discovery Fund (G) 49 -5.38 3.11 15.02 25.92 14.77 21.74 6.73 **
DISCLAIMER: This document has been prepared on the basis of publically available data on best effort basis. The information contained in this document
is for general purposes only. The information/ data herein alone are not sufficient and should not be used for the development or implementation of an
investment strategy. The same should not be construed as investment advice to any party. The recipient(s) before acting on any information herein should
make his/her/their own investigation and seek appropriate professional advice and shall alone be fully responsible/ liable for any decision taken on the
basis of information contained herein.
All returns upto 1 year are absolute & over 1 year are compounded annualized.
As on 14th Feb, 2018
Back to index

SBI - Small & Midcap Fund Reg (G) 888 -7.2 10.37 35.56 53.3 27.26 36.84 NA *****
HDFC - Small Cap Fund (G) 1783 -5.26 8.06 26.52 44.13 21.54 23.97 NA **
Reliance - Small Cap Fund (G) 5664 -6.81 7.45 25.64 42.66 23.69 35.39 NA ***
Tata - India Consumer Fund Reg Plan (G) 413 -5.45 4.45 21.21 42.02 NA NA NA NR
L&T - Emerging Businesses Fund (G) 2892 -6.48 4.03 19.03 40.17 25.32 NA NA ****
BOI AXA - Manufacturing and Infrastructure Fund (G) 15 -5.73 8 28.23 39.27 15.76 18.57 NA ***
IDFC - Sterling Equity Fund Reg (G) 2065 -7.03 3.04 14.78 36.6 15.23 21.72 18.82 ***
SBI - FMCG Regular (G) 415 -3.44 9.34 22.61 36.08 16.1 18.96 NA NR
BOI AXA - Tax Advantage Reg (G) 124 -7.59 4.19 18.78 35.78 13.31 19.68 NA ***
IDFC - Focused Equity Fund Reg (G) 965 -5.02 2.16 11.08 34.71 11.58 15.05 10.25 ***
Tata - India Consumer Fund Reg Plan (G) 413 -5.45 4.45 21.21 42.02 NA NA NA NR
IDFC - Focused Equity Fund Reg (G) 965 -5.02 2.16 11.08 34.71 11.58 15.05 10.25 ***
Mirae - Asset Great Consumer Fund Reg (G) 158 -5.46 2.69 13.17 33.01 14.38 19.79 NA NR
ICICI Pru - Indo Asia Equity Reg (G) 193 -3.11 1.13 16.21 30.33 13.13 19.55 12.72 ***
Invesco - India Contra Fund (G) 804 -4.13 4.92 18.21 29.22 14.25 22.4 14.98 ****
Principal - Growth Fund (G) 570 -7.02 -0.61 14.46 29.16 15.22 21.01 9.37 ****
Edelweiss - Economic Resurgence Fund Reg (G) 29 -4.99 3.2 15.21 29.03 13.28 NA NA NR
Principal - Dividend Yield Fund (G) 137 -5.44 0.61 14.77 27.46 13.84 15.76 10.88 **
HDFC - Capital Builder (G) 2135 -3.97 2.44 14.81 27.34 13.49 20.42 13.56 ***
SBI - Contra Fund Reg (G) 1881 -4.22 2.68 14.37 27 10.47 15.24 9.56 **
TOP 10 MUTUAL FUNDS : EQUITY - MULTI CAP
TOP 10 MUTUAL FUNDS : EQUITY - LARGE CAP
PAGE 32WEALTHY & WISE
TOP 10 MUTUAL FUNDS : EQUITY - HYBRID
BOI AXA - Mid Cap Equity & Debt Fund Reg (G) 261 -6.48 4.38 19.78 32.19 NA NA NA NR
Principal - Balanced Fund (G) 705 -4.35 -0.84 11.58 25.46 14.27 17.38 10.86 ****
UTI - Childrens Career Advantage Plan (G) 227 -4.11 -1.42 8.4 23.78 11.01 16.35 12.01 ***
Tata - Retirement Savings Fund Moderate (G) 371 -4.6 1.25 9.25 21.11 13.18 20.1 NA *****
HDFC - Children Gift Invest 2021 -3.09 0.89 8.34 20.61 11.66 18.5 15.46 ****
HDFC - Children Gift Invest (Lock-in) 2021 -3.09 0.89 8.34 20.61 11.66 18.5 15.46 ****
Reliance - Reg Savings Balanced (G) 10498 -2.84 0.15 6.2 18.65 11.35 16.74 14.11 ***
HDFC - Retirement Savings Fund Hybrid Equity Reg (G) 146 -2.98 1.3 7.71 18.64 NA NA NA NR
SBI - M Balanced Fund Reg (G) 17955 -3.15 0.29 8.72 18.36 10.19 17.29 11.37 ****
HDFC - Balanced Fund (G) 18027 -2.5 0.55 6.52 18.27 11.76 18.88 15.06 ****
TOP 10 MUTUAL FUNDS : EQUITY - INTERNATIONAL
Scheme
AUM
(CR) 30 D
3
Mon
6
Mon 1 Yr 3 Yr 5 Yr 10 Yr
RATIN
G
EDELWEISS - GREATER CHINA EQUITY OFF-SHORE FUND REG (G) 39 -3.52 -0.17 14.96 36.3 13.02 14.15 NA -
EDELWEISS - EMERGING MARKETS OPP EQUITY FUND REG (G) 5 -0.75 2.23 10.91 26.5 8.31 NA NA -
FRANKLIN - ASIAN EQUITY FUND (G) 119 -4.27 -0.39 8.45 25.58 11.71 11.25 9.06 -
KOTAK - GLOBAL EMERGING MARKET FUND (G) 30 -2.34 4.58 14.03 22.8 6.6 6.69 5.35 -
HSBC - GLOBAL CONSUMER OPPORTUNITIES FUND - REG (G) 4 -1.74 0.26 8.97 20.36 NA NA NA -
EDELWEISS - ASEAN EQUITY OFF-SHORE FUND REG (G) 50 0.74 6.04 13.35 20.05 7.33 7.27 NA -
MOTILAL OSWAL MOST SHARES NASDAQ-100 ETF(G) 68 -0.26 2.69 11.2 19.99 16.6 23.3 NA -
HSBC - ASIA PACIFIC (EX JAPAN) DIVIDEND YIELD REG (G) 7 -2.39 0.82 7.09 17.89 9.25 NA NA -
FRANKLIN - INDIA FEEDER FRANKLIN US OPP (G) 512 0.2 2.01 10.41 16.48 10.14 16.17 NA -
SUNDARAM - GLOBAL ADVANTAGE FUND REG (G) 22 -0.55 1.4 7.89 16.14 6.06 3.48 5.56 -
Back to index

WEALTHY & WISE
TOP 10 MUTUAL FUNDS : DEBT- SHORT TERM
Franklin - India ST Income Plan Ret (G) 9218 0.61 1.03 2.89 8.28 8.51 9.27 9.19 ****
Franklin - India Low Duration (G) 5728 0.56 1.31 3.12 8.02 9.17 9.47 0 *****
Baroda Pioneer - Short Term Bond Fund (G) 618 0.31 0.98 2.56 7 8.39 8.56 0 *****
Escorts - ST Debt (G) 6 0.45 1.47 3.07 6.72 7.87 8.86 8.87 ****
DHFL Pramerica - Short Maturity Reg Fund (G) 1815 0.37 0.6 1.86 6.59 8.15 8.65 8.72 ****
DHFL Pramerica - Short Term FRF Reg (G) 1035 0.4 1.09 2.62 6.51 7.68 8.16 0 **
Reliance - Medium Term Fund (G) 12044 0.4 1.01 2.58 6.45 8.09 8.39 8.01 ****
Aditya Birla SL - ST Fund Reg (G) 21453 0.34 0.66 1.97 6.39 8.3 8.88 8.1 ***
UTI - Banking & PSU Debt Fund Reg (G) 1423 0.37 0.64 2.33 6.35 8.74 0 0 ****
HDFC - ST Opportunities Fund (G) 11301 0.38 0.84 2.3 6.32 8.03 8.58 0 ****
TOP 10 MUTUAL FUNDS : DEBT- CREDIT OPP
Scheme 30 Day 3 Mon 6 Mon 1 Yr 3 Yr 5 Yr 10 Yr AUM(Cr)
Ratin
g
BOI AXA - Corporate Credit Spectrum Fund Reg (G) 0.44 1.52 3.31 8.65 NA NA NA 1398 ****
Franklin - India Income Oppt Fund (G) 0.59 1.22 3.04 8.28 8.57 9.25 NA 3289 ****
Franklin - India Dynamic Accrual Fund (G) 0.56 1.07 2.86 8.16 9.37 9.05 7.56 2974 ****
Category Average - Credit Opportunities 1.35 1.74 2.26 8.08 9.01 9.19 8.18 NA NR
Aditya Birla SL - Corporate Bond Fund Reg (G) 0.42 0.77 2.1 8.06 NA NA NA 4582 ***
Franklin - India Corporate Bond Oppo (G) 0.53 1.14 3.02 7.95 8.6 9.28 NA 6706 ***
Baroda Pioneer - Credit Opportunities Fund Plan A (G) 0.33 0.95 2.45 7.91 9.63 NA NA 912 ****
Aditya Birla SL - Medium Term Plan Reg (G) 0.36 0.73 1.95 7.56 8.92 9.82 NA 11749 **
L&T - ST Income Fund (G) 0.4 1.03 2.75 7.51 8.85 8.93 NA 1134 ****
DHFL Pramerica - Credit Opportunities Fund Reg Plan (G) 0.39 0.7 2.39 7.13 8.93 NA NA 944 ***
Scheme 30 Day 3 Mon 6 Mon 1 Yr 3 Yr 5 Yr 10 Yr AUM(Cr) Rating
IIFL - Dynamic Bond Fund Reg (G) 0.31 0.79 1.78 7.23 6.68 NA NA 38 ***
ICICI Pru - Long Term Plan Reg (G) 0.09 -0.05 -0.36 6.16 8.43 11.07 NA 3674 ****
ICICI Pru - Dynamic Bond Fund Premium Plus (G) -0.3 -0.66 -0.39 6 9.08 9.6 NA 1249
JM - STF (G) 0.26 0.62 1.6 5.78 7.02 7.78 8.77 32 ***
Quantum - Dynamic Bond Fund Reg (G) -0.35 -0.96 -1.18 5.75 NA NA NA NA *****
Baroda Pioneer - Dynamic Bond (G) 0.27 0.22 0.74 5.24 7.75 8.75 NA 21 ***
DHFL Pramerica - Dynamic Bond Fund (G) -0.06 -1.41 -1.47 5.12 7.23 7.86 NA 185 ****
ICICI Pru - Dynamic Bond Fund Reg (G) -0.41 -1.01 -1.07 4.57 7.76 8.48 NA 1558 ***
UTI - Dynamic Bond Fund (G) 0.05 -1.1 -1.06 4.38 7.9 9.25 NA 1880 ****
Tata - Dynamic Bond Fund Plan A (G) 0.11 -0.66 -0.82 4 6.77 8.74 7.29 1156 **
IDFC - G Sec Short Term Reg (G) 96 0.24 NA 1.12 6.37 7.96 9.48 6.54 ***
SBI - M Gilt STP Reg (G) 490 0.25 0.53 1.65 5.93 8.89 9.7 8.34 ****
ICICI Pru - Gilt Fund Treasury PF Option Reg 67 0.17 -0.32 0.8 5.9 8.99 6.46 7.32 ****
DSP BlackRock - Treasury Bill Reg Fund (G) 39 0.43 1.38 2.78 5.73 6.54 7.58 6.56 **
UTI - G-Sec Fund STP (G) 26 0.44 0.89 1.89 5.47 7.12 7.69 6.87 **
ICICI Pru - Short Term Gilt Fund Reg (G) 149 0.01 -0.19 0.63 5.2 8.12 8.34 8.35 ***
HDFC - Gilt Fund Short term (G) 376 -0.02 -0.54 0.07 4.62 7.78 7.84 6.85 *
CRISIL Gilt Index NA -0.36 -1.7 -2.14 2.9 6.94 NA NA NR
Sundaram - Gilt Fund Reg (G) 13 -0.62 -2.16 -2.39 1.79 5.02 9.24 6.94 *
CRISIL 10 Year Gilt Index NA -0.81 -2.93 -4.34 -0.19 6.19 6.2 6.12 NR
TOP 10 MUTUAL FUNDS : DEBT- GILT SHORT TERM
TOP 10 MUTUAL FUNDS : DEBT- Dynamic Bond Fund
Back to index

WEALTHY & WISE
BNP Paribas - Govt. Securities Fund (G) 13 -0.24 -0.62 -0.85 6.02 7.85 NA NA ****
Aditya Birla SL - Gilt Plus PF Plan (G) 158 -0.4 -2.17 -2.76 5.47 7.7 9.1 7.41 ****
ICICI Pru - Gilt Fund Investment Plan PF Option Reg (G) 896 -0.3 -1.1 -2 4.8 7.73 8.98 9.79 ***
Edelweiss - Govt. Sec Fund Reg (G) 712 0.24 0.67 1.63 4.53 6.71 0NA NA ***
DHFL Pramerica - Gilt Fund Reg (G) 162 0.17 -0.9 -0.29 4.49 7.39 7.89 NA ***
Aditya Birla SL - Banking & PSU Debt Fund Reg (G) 632 0.43 1.34 -0.05 4.29 6.62 8 9.38 NR
ICICI Pru - Constant Maturity Gilt Fund Reg (G) 35 -0.25 -1.66 -1.67 3.94 7.48 NA NA ***
SBI - M Gilt Fund Long Term Reg (G) 3155 -0.86 -2.04 -2.52 3.69 7.5 9.78 7.17 *****
Reliance - Gilt Sec Fund (G) 1528 -0.51 -1.94 -2.61 3.54 7.46 8.8 0 ****
ICICI Pru - Long Term Gilt Fund Reg (G) 1014 -0.5 -2.07 -3.34 3.52 7.23 7.92 8.55 ***
TOP 10 MUTUAL FUNDS : DEBT- GILT MEDIUM & LONG TERM
Scheme 30 Day 3 Mon 6 Mon 1 Yr 3 Yr 5 Yr 10 Yr
AUM(Cr
) Rating
L&T - Arbitrage Opportunities Fund (G) 0.59 1.55 2.99 6.27 6.61 NA NA 523 ***
Edelweiss - Arbitrage Fund Reg (G) 0.56 1.54 2.92 6.22 6.72 NA NA 4878 ***
Kotak - Equity Arbitrage Fund (G) 0.54 1.52 2.94 6.2 6.6 7.54 7.36 13215 ***
DHFL Pramerica - Arbitrage Fund Reg (G) 0.5 1.34 2.74 6.2 6.56 NA NA 845 ***
BNP Paribas - Enhanced Arbitrage Fund (G) 0.45 1.35 2.79 6.19 NA NA NA 612 NR
Indiabulls - Arbitrage Fund - Reg (G) 0.58 1.63 3.05 6.18 6.9 NA NA 584 NR
Reliance - Arbitrage Advantage Fund (G) 0.73 1.67 2.98 6.18 6.68 7.47 NA 8222 ***
UTI - Spread Fund (G) 0.58 1.56 2.96 6.13 6.5 7.07 7.32 1972 **
Invesco - India Arbitrage Fund (G) 0.58 1.61 2.94 6.04 6.49 7.1 6.95 453 **
SBI - Arbitrage Opp Fund Reg (G) 0.69 1.66 2.96 5.98 6.31 7.32 7.11 1287 **
TOP 10 MUTUAL FUNDS : ARBITRAGE
Scheme 30 Day 3 Mon 6 Mon 1 Yr 3 Yr 5 Yr 10 Yr AUM(Cr) Rating
HDFC - Gold ETF 0.36 1.43 2.16 2.19 2.12 -1.33 NA 464 NR
IDBI - Gold ETF 0.42 1.64 2.59 1.84 2.24 -1.27 NA 70 NR
Can Robeco - Gold Savings Reg Fund (G) 0.82 1.81 4.49 1.67 1.4 -2.07 NA 45 NR
SBI - Gold Fund Reg (G) 0.26 1.01 2.58 1.58 1.64 -1.94 NA 399 NR
Can Robeco - Gold ETF 0.25 1 2.67 1.51 1.99 -1.72 NA 52 NR
HDFC - Gold Fund (G) 0.68 1.31 2.67 1.51 1.69 -1.88 NA 227 NR
UTI - Gold Exchange Traded Fund (G) 0.38 1.53 2.35 1.36 1.97 -1.4 8.54 432 NR
R*Shares Gold BEES 0.43 1.44 2.26 1.17 2 -1.39 8.52 2474 NR
Invesco - India Gold ETF 0.37 1.46 2.18 1.07 1.87 -1.47 NA 37 NR
Quantum - Gold ETF (G) 0.34 1.43 2.19 1.07 1.81 -1.49 8.11 55 NR
TOP 10 MUTUAL FUNDS : GOLD
Scheme 1 M 3 M 6 M 1 Y
ASK GROWTH -2.00% 0.60% 4.80% 29.60%
ASK IEP -4.40% 0.50% 3.70% 23.40%
ASK INDIA SELECT -4.00% -1.00% 3.80% 23.00%
ASK LIFE -3.00% -0.30% 2.70% 25.00%
ASK STRATEGIC -3.00% 1.60% 4.40% 22.00%
BIRLA CEP -4.10% 2.00% 2.30% 23.10%
BIRLA SSP -1.80% 8.20% 12.40% 43.50%
KOTAK SSV -0.70% 3.70% 14.80% 33.40%
MOTILAL IOP -6.20% 2.50% 4.20% 32.90%
MOTILAL NTDOP -5.30% 0.00% 4.00% 26.20%
MOTILAL VALUE 0.80% 2.10% 4.10% 24.00%
SBI GROWTH WITH VALUES -2.60% 9.40% 17.00% 46.70%
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Wealthy & Wise (February Edition)

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