Very useful, i have also started investing in this index but from hdfc amc. And frank opinion: Shankar had explained this 10 times better in his previous video than this fund manager.
Hi Amlan, Just to clarify, HDFC non-cyclical consumer fund is not an index fund but an active fund. Groww is the first AMC to come up with this kinda index fund . And undoubtedly Shankar sir is one of the best financial teacher we have in the RUclips space currently.
The expense ratio, which includes the total annual operating costs of the fund, is usually not disclosed upfront during the NFO period. (Only max limit is mentioned) SEBI has prescribed maximum limits for the total expense ratio (TER) that can be charged by mutual funds, based on the AUM of the fund Once Mutual fund is listed and AUM is known then AMC will declare the actual expense ratio of the fund. How is it calculated? The actual expense ratio of a fund is calculated by dividing the total expenses incurred by the fund in a year by the average daily net assets (AUM) of the fund for that year This is usually disclosed to investors every 6 months Hope this clears your doubt
Hi Shankar, Why would someone subscribe to a NFO ( I mean what are the advantages) when some of the details are yet to be confirmed? Do you see any advantage of early adoption then subscribing after couple of months when all the details are clear? ( Keeping long term perspective in mind)
@@TechCoach Some do, some don't subscribe via an NFO process. Personally, I am ok applying via an NFO for an index fund because the larger details like performance, portfolio, investing style, methodology etc. is already available to us for many years (e.g. I explained the performance of the Nifty Non-Cyclical Consumer Index Fund since 2006 in the my previous video). Plus the expense ratio is not going to be much, I'll say around 0.50%. So it's OK to go via NFO and it's also OK to apply post NFO -- I don't think there is any need to over-think here. Only in case of actively-managed funds, I prefer to give the scheme a few months before buying units as I'd like to know the finer details esp. the style of investing and portfolio.
Hello shankar nath, I have one question but don't have any convincing answer, but it may be simple for you. I hope, you will take few minutes to explain. Only Few companies I have seen have the valuation metrics of P/B in negative. What does that mean? Does it mean that company has no real asset but is standing on short term and long term loans? And how did this company reach here ? Is it because of accumulated losses piling year after year? Please comment. thanks
A negative PB ratio indicates that a company has more liabilities than assets. This is rare but if it happens, it suggests that the company might be going bankrupt
Sir other than LTCG or STCG,equities holdings realised profits need to be declared and paid as per our income slab rate right? If salary is less than 7 lakhs means and after adding profit means I have to pay tax only bcoz of market gains?? Then it is like double taxation right? Pls clarify
The expense ratio, which includes the total annual operating costs of the fund, is usually not disclosed upfront during the NFO period. (Only max limit is mentioned) SEBI has prescribed maximum limits for the total expense ratio (TER) that can be charged by mutual funds, based on the AUM of the fund Once Mutual fund is listed and AUM is known then AMC will declare the actual expense ratio of the fund. How is it calculated? The actual expense ratio of a fund is calculated by dividing the total expenses incurred by the fund in a year by the average daily net assets (AUM) of the fund for that year This is usually disclosed to investors every 6 months Hope this clears your doubt
Sir as a new subscriber i want to request for little effort from your side. As i have found your content quality to be superior as compared to other YT channels... Sir, for a long term investment purpose in stocks.. Can you please cover how to average in ups and down during the investment period and when to book profit. Ps: I know i am expecting so much from you. But still with high hopes, awaiting your reply.🤞
I am your follower sir and watch all your videos It helps me to take financial decision Have a request sir, just curious to know your investment portfolio I am not interested to know the fund you allocated but kind of mutual fund and fund house you invested and with percentage allocation
Thanks for the suggestion. I'm not surprised .. the last 10 years have been really good for momentum factor as I've explained in a few of my previous videos
Hey Sai, you can do some number crunching using the historical data of this index (you can get from NSE site) . Just like Shankar sir did with Nifty200Momentum30 fund in his video. This will give you a relative comparison - which momentum index works well. Maybe combination of different momentum index works well (in certain ratio). It will be great if You can share your insights on this.
The manager suggested to consult a financial advisor multiple times in the short video. I don't have one. In other words, I am not investing in this one!
Groww is not a good company. Even people in good positions there hv told me. Personally also i had the opportunity to interact with their pathetic customer support. Its really bad.
I generally prefer large AUM based AMCs for my long term investment as they are more trust worthy like HDFC, ICICI, SBI. That's why I'm still hesitating to invest in this NFO. No doubt this index is good for long term. Hopefully other AMC will launch this index soon 🤞🏻
Grow is good. It has a very good interface and i personally would recommend it to others. All my investments are in Grow, in fact I was using other platforms for my sip but I have transferred all my funds to Grow. It's been 3 years of my investment journey with Grow and I have never faced any problem.
It's important to make a distinction here between Groww app and Groww Mutual Fund. The Groww app is a financial products platform with MF, stocks, UPI and more. Groww mutual fund is relatively new and is into fund management. Please don't mix one with the other, lots of differences. This particular video/content is specific to Groww Mutual Fund
Mr. Fund Manager, why did you not talk about the returns against the NIFTY 50 after 3,5 years?
Very useful, i have also started investing in this index but from hdfc amc.
And frank opinion: Shankar had explained this 10 times better in his previous video than this fund manager.
Thank you! Glad you found it useful
Hi Amlan,
Just to clarify, HDFC non-cyclical consumer fund is not an index fund but an active fund.
Groww is the first AMC to come up with this kinda index fund .
And undoubtedly Shankar sir is one of the best financial teacher we have in the RUclips space currently.
@@soam007 good point, realised now
Thats not an index fund.
I have invested 50k lumpsump in this. is it good?
Hi Shankar, the Expense ratio is "Upto 1%" can you please clarify this part ?
The expense ratio, which includes the total annual operating costs of the fund, is usually not disclosed upfront during the NFO period. (Only max limit is mentioned)
SEBI has prescribed maximum limits for the total expense ratio (TER) that can be charged by mutual funds, based on the AUM of the fund
Once Mutual fund is listed and AUM is known then AMC will declare the actual expense ratio of the fund.
How is it calculated? The actual expense ratio of a fund is calculated by dividing the total expenses incurred by the fund in a year by the average daily net assets (AUM) of the fund for that year
This is usually disclosed to investors every 6 months
Hope this clears your doubt
Hi. The expense ratio is declared a month or so after the NFO process, hence the scheme has given a maximum limit here.
Hi Shankar, Why would someone subscribe to a NFO ( I mean what are the advantages) when some of the details are yet to be confirmed? Do you see any advantage of early adoption then subscribing after couple of months when all the details are clear? ( Keeping long term perspective in mind)
@@TechCoach Some do, some don't subscribe via an NFO process. Personally, I am ok applying via an NFO for an index fund because the larger details like performance, portfolio, investing style, methodology etc. is already available to us for many years (e.g. I explained the performance of the Nifty Non-Cyclical Consumer Index Fund since 2006 in the my previous video). Plus the expense ratio is not going to be much, I'll say around 0.50%. So it's OK to go via NFO and it's also OK to apply post NFO -- I don't think there is any need to over-think here. Only in case of actively-managed funds, I prefer to give the scheme a few months before buying units as I'd like to know the finer details esp. the style of investing and portfolio.
Hello shankar nath, I have one question but don't have any convincing answer, but it may be simple for you.
I hope, you will take few minutes to explain.
Only Few companies I have seen have the valuation metrics of P/B in negative.
What does that mean? Does it mean that company has no real asset but is standing on short term and long term loans?
And how did this company reach here ? Is it because of accumulated losses piling year after year?
Please comment. thanks
A negative PB ratio indicates that a company has more liabilities than assets. This is rare but if it happens, it suggests that the company might be going bankrupt
Thanks for the podcast, can you please share historical performance numbers of this particular index ?
Most welcome. The historical performance is available in this video: ruclips.net/video/ZXMtesuvUZQ/видео.html
can someOne please answer, if a mutual fund can raise the expense ratio after some period of time or it should be fixed while its launches its NFO?
It will increase over a period of time.
Expense ratio increases and decreases over time
Sir other than LTCG or STCG,equities holdings realised profits need to be declared and paid as per our income slab rate right? If salary is less than 7 lakhs means and after adding profit means I have to pay tax only bcoz of market gains?? Then it is like double taxation right? Pls clarify
Sorry, no idea. Kindly consult a tax advisor
Okay sir thanks anyway
what is the expense ratio ?
The expense ratio, which includes the total annual operating costs of the fund, is usually not disclosed upfront during the NFO period. (Only max limit is mentioned)
SEBI has prescribed maximum limits for the total expense ratio (TER) that can be charged by mutual funds, based on the AUM of the fund
Once Mutual fund is listed and AUM is known then AMC will declare the actual expense ratio of the fund.
How is it calculated? The actual expense ratio of a fund is calculated by dividing the total expenses incurred by the fund in a year by the average daily net assets (AUM) of the fund for that year
This is usually disclosed to investors every 6 months
Hope this clears your doubt
1%
Sir as a new subscriber i want to request for little effort from your side. As i have found your content quality to be superior as compared to other YT channels...
Sir, for a long term investment purpose in stocks.. Can you please cover how to average in ups and down during the investment period and when to book profit.
Ps: I know i am expecting so much from you. But still with high hopes, awaiting your reply.🤞
Hello Himanshu, welcome! I have a video on profit booking, pls have a look: ruclips.net/video/9GZtVsg9HC8/видео.html
Sir, please do an episode on legendary Fund manager Jim Simons who passed away recently.
Thanks for the suggestion
I am your follower sir and watch all your videos
It helps me to take financial decision
Have a request sir, just curious to know your investment portfolio
I am not interested to know the fund you allocated but kind of mutual fund and fund house you invested and with percentage allocation
You can watch my video on long-term investing to understand my investment portfolio allocation -- ruclips.net/video/bN5QdxY3RVs/видео.html
I see the expence ratio of Groww non cyclical index fund is 0. Is that real what am I seeing !
How come a mutual fund on earth have 0 expense ratio!
Sir can you give some information for NRI folks
Hello, what information do NRI folks need?
Informative
Thx!
That's great
HDFC non-cyclical expense ratio: 1.17%,
Shankar ji
Talk about the nifty midsmall cap 400 momentum quality 100 etf fof by mirae asset
They are claiming this index to beat actively managed mid cap funds over a 10 yr period
Is that true??
Thanks for the suggestion. I'm not surprised .. the last 10 years have been really good for momentum factor as I've explained in a few of my previous videos
Hey Sai, you can do some number crunching using the historical data of this index (you can get from NSE site) . Just like Shankar sir did with Nifty200Momentum30 fund in his video.
This will give you a relative comparison - which momentum index works well.
Maybe combination of different momentum index works well (in certain ratio).
It will be great if You can share your insights on this.
The manager suggested to consult a financial advisor multiple times in the short video. I don't have one. In other words, I am not investing in this one!
Expense ration nahi bataya, please tell
Karthik never answered that question about the major holding companies.
Groww is not a good company. Even people in good positions there hv told me. Personally also i had the opportunity to interact with their pathetic customer support. Its really bad.
I generally prefer large AUM based AMCs for my long term investment as they are more trust worthy like HDFC, ICICI, SBI.
That's why I'm still hesitating to invest in this NFO. No doubt this index is good for long term.
Hopefully other AMC will launch this index soon 🤞🏻
Grow is good. It has a very good interface and i personally would recommend it to others. All my investments are in Grow, in fact I was using other platforms for my sip but I have transferred all my funds to Grow. It's been 3 years of my investment journey with Grow and I have never faced any problem.
It's important to make a distinction here between Groww app and Groww Mutual Fund. The Groww app is a financial products platform with MF, stocks, UPI and more. Groww mutual fund is relatively new and is into fund management. Please don't mix one with the other, lots of differences.
This particular video/content is specific to Groww Mutual Fund