Know the index structure & what your are buying!
To keep it simple, N500 index fund is sufficient, as it covers 95% of the entire market.
Or
N100 is 78% of the market, where N50+NN50 is 80:20 ratio.
Have higher risk appetite? buy 50:50 of N50+N100.
#investing
More from India ETFs & Index Funds
More from Etf
Whenever you invest in Fund of funds, check the expense ratios of both the local fund & the global fund which is investing into.
e.g., Nasdaq FOF ER is 0.1%, but you have to add the ER of ETF which 0.54%, total 0.64%
Good to see AMCs like @EdelweissMF mentioning it.
When you invest in a global fund, and compare expenses across funds:
— Radhika Gupta (@iRadhikaGupta) June 22, 2021
1. Compare \U0001f34e to \U0001f34e: Total cost includes offshore fund cost plus what local AMC charges.
2. Get this data from the AMC website. Many 3rd party websites don\u2019t include underlying fund costs.
1/3
You May Also Like
Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 to learn the above from @iManasArora
What qualifies for an extended move?
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book
The stock exploded & went up as much as 63% from my price.
— Manas Arora (@iManasArora) June 22, 2020
Closed my position entirely today!#BroTip pic.twitter.com/CRbQh3kvMM
Post that the plight of the
What an extended (away from averages) move looks like!!
— Manas Arora (@iManasArora) June 24, 2020
If you don't learn to sell into strength, be ready to give away the majority of your gains.#GLENMARK pic.twitter.com/5DsRTUaGO2
Example 2: Booking profits when the stock is extended from 10WMA
10WMA =
#HIKAL
— Manas Arora (@iManasArora) July 2, 2021
Closed remaining at 560
Reason: It is 40+% from 10wma. Super extended
Total revenue: 11R * 0.25 (size) = 2.75% on portfolio
Trade closed pic.twitter.com/YDDvhz8swT
Another hack to identify extended move in a stock:
Too many green days!
Read
When you see 15 green weeks in a row, that's the end of the move. *Extended*
— Manas Arora (@iManasArora) August 26, 2019
Simple price action analysis.#Seamecltd https://t.co/gR9xzgeb9K