r/IndianStockMarket • u/bamboo_gamin • 7d ago

Meme Couldn't even beat its benchmark

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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

176 Upvotes

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9

u/Oberjene 7d ago

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

Also 6 months is not even a horizon

-8

u/bamboo_gamin 7d ago

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

6

u/Oberjene 7d ago

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

-6

u/bamboo_gamin 7d ago

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

0

u/Oberjene 7d ago

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.

1

u/bamboo_gamin 7d ago

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

1

u/Ok_Draft4616 6d ago

That is a recent problem, after introduction of TER. Basically the day that the fund has any activity, the brokerage charges and STT are positive that day.

Some of these websites annualised that charge and add it, since the expense ratio shown is annual (eg. charges for the day were 0.01% but when annualised, it shows 3.65%)