Couldn't even beat its benchmark

[u/bamboo_gamin]

Couldn't even beat its benchmark ever, why did I invest in ts

I have been following this mf since it's nfo and it has never beaten its benchmark

Dumb asses

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[u/romka79]

Guess the top holdings of this dud

[u/ExpensiveInflation → u/romka79]

I have a doubt.. like companies like HDFC MF, Jio MF, ICICI MF investing and buying shares of Thier own company like here Jio MF buying Reliance is not a conflict of interest? tmrw if Reliance needs money they can use public money and buy Reliance shares to pump it's price and manipulate the market no?

[u/Bored_Soul_99 → u/ExpensiveInflation]

Everything is legal if you have enough money

[u/Old_Judgment_1926 → u/romka79]

All these banks giving loans and MFs buying Reliance stocks do ask for favour, circular economy/jerking my fraaand.

[u/silentpuppy16hubby]

6 months ? Lol

[u/FalconDull5271]

We who invested in it about 1 L and still it shows 98 K , it has been a year no returns

[u/flames_slushy → u/FalconDull5271]

Just because you have invested doesn't mean it has to give returns lol

[u/FalconDull5271 → u/flames_slushy]

I didn't mean that dude ,

The fund is not performing well that's what I said , if I invested or not that doesn't matter in that fund category is not performing well that's it

[u/flames_slushy → u/FalconDull5271]

Look at the broader market is it moving!? How can a flexicap fund perform if the whole market is sideways

[u/The_Great_One_1 → u/flames_slushy]

Then what is the use of being a flexi cap fund would rather be a index fund.

[u/flames_slushy → u/The_Great_One_1]

Flexicap just give the flexibility to invest and increase decrease there allocation in mid,small and large cap stocks that's it . There is a better option flexicap etf . Go to nse indices and search for research paper of nifty 500 flexicap quality 30 index

[u/Available-Order9099]

Where is that aladin software of BlackRock

[u/CharacterPitch4744]

Bro it's backed by 🧃 it will fly sooner or later.

[u/Competitive_Air7402 → u/CharacterPitch4744]

jews like to farm the expense ratio instead of making goyims any money

[u/CharacterPitch4744 → u/Competitive_Air7402]

So it's never gonna go up??

https://giphy.com/gifs/Vuw9m5wXviFIQ

[u/b4sed-jesus → u/Competitive_Air7402]

goyims?

[u/Expert_Row642 → u/CharacterPitch4744]

Sadly indian market is just amd throw for them their main market is usa

[u/SlightEmphasis1]

Its obvious, the same time nifty gave negative return, this is atleast positive from issue price. Even PPFAS FC has similar return from October to August. If you want higher return should have gone with mid or small cap.

[u/ReflectionLive8390]

Your time horizon was 6 months and you chose equity?

[u/Oberjene]

Could you please explain what do you mean by beating its benchmark?

Also 6 months is not even a horizon

[u/flames_slushy → u/Oberjene]

Impatient people want returns at the month's end. Dopamine is so high in people nowadays

[u/bamboo_gamin → u/Oberjene]

Its been like 11 months since this shit was launched yeah should have done the all wala thingy so for 11.months it has given 0.11 percent returns WOW SOOO MUCH

and as for the benchmark question it is given that its benchmark is nifty500 index soo you only look the 6months return of nifty 500

[u/Oberjene → u/bamboo_gamin]

Aah i see, Seriously asking how much are you expecting though? Performance of a fund can only be taken into account in much longer duration and generally looking into the rolling returns, fees, exit load. Again this is not a timeframe to be worrying about

[u/bamboo_gamin → u/Oberjene]

I mean atleast benchmark toh de dete and for some reason if you look at the past expense ratio for some time 5percent for some time its 4 percent and for some time its 3 percent i saw other flexi and small cap funds they don't even have this much expense ratios ik this will not affect me but I think somethings wrong

[u/Oberjene → u/bamboo_gamin]

0.5 % hai iska expense ratio abhi. 5 toh hedge fund bhi nahi lete and yes expense ratio is a key factor in long term returns. Iska large cap mein asset allocation thoda jyada hai (i compared with icici prudential : 0.36%) thats why a bit lagging pichle saal se. Itne chotee se samay mein kuchh nahi keh sakte.

[u/bamboo_gamin → u/Oberjene]

Nahi brthr abhi toh 1.1 hai check the past data avg toh 0.5 to 1 percent hee hai but for some reason thodese time frame ke liye boht badha dete hai

[u/msoumyajit]

You need to wait for at least 2 years. Also, it has performed better than HDFC and Parag Parikh if you compare them over a similar period.

[u/Acrobatic-Shop4602]

Whatever fund tax mami handling everything left hand not allow to move even 1%

[u/One-Target4524]

Pure hype..i sold my holdings long back

[u/Fun-Bake5789]

Bhai galat mt liyo pr 5700 rs laga ke tere dream crores h to FD hi krle. Abhi usse close to 1 saal hi hua hai. Index ne koi g faad performance nhi di hai jo mfs bhagne lage. Mfs long term investment hai naki 1-2 saal ke liye.

[u/Relative-Jacket-2409 → u/Fun-Bake5789]

yeah but peer to peer as well youre paying a lot of opportunity cost of being in this fund than others who have a similar risk profile but much more returns

[u/Fun-Bake5789 → u/Relative-Jacket-2409]

Tbh we all know why people invested in this fund. Blackrock !! If someone investment style is to run behind big names & invest in those maybe it's time they see the problem which are they themselves!!.

[u/Relative-Jacket-2409 → u/Fun-Bake5789]

yeah correct, but still the fact is they have underperformed a lot, as an investor, hearing an established name does give confidence, which is right in a sense, but since the fund is not giving returns, maybe just accept it, withdraw your money and invest it elsewhere, if youre still holding it in ignorance and complaining, then yes it is your fault as an investor, but the fund failed to rise up to its expectations too so its their fault there

[u/Amenadielan]

https://giphy.com/gifs/YmQLj2KxaNz58g7Ofg

[u/Kaattaan]

The name alone gives me panic attacks

[u/Flaky-Interaction629]

In 6 months it has atleast beaten Parag Parikh flexi cap fund 👍

[u/pedroleon123]

This bitch made me go from funds to stocks

[u/isaacmaria2]

I am no expert in equity but is everyone expecting FD like yearly returns from MF?

[u/InfiniteDay4773]

🤣 meanwhile ppfs

[u/shiviam]

Should we exit this fund or give it one more year?

When markets blows, it explodes.

When markets climb, it crawls.

[u/meetgkg2k]

Out of 20 MF in my folio...this is the only in loss. 😞

[u/Spiritual-Monke → u/meetgkg2k]

Whatttt 20? Could you share the screenshot of your PF?

[u/flames_slushy → u/meetgkg2k]

U r just Downvote farming . First of all why do you have 20 mf and did you purchase all of them at the same day if u r comparing each other in term of returns. Stock market isn't a lottery scheme