MisterBond's take on current crisis in debt markets due to Mutual Fund Exposure to Essel Group with exposure to Zee shares as Collaterals
posted on 12 April 2019 by Sunil Jhaveri
Please understand the choices MFs had on debt given to Essel group against Zee shares. Let us act maturely, stay calm, think logically, not panic and hand hold investors during such trying times instead of adding fuel to fire which is being done by Media on a daily basis. Our job as advisors is not to be part of the Herd bit be outside the Herd and guide the investors on the right path. Just my thoughts - take them or ignore them.
posted on 05 January 2018 by Sunil Jhaveri
MANTRAS for a successful Advisory Practice which has kept me in good stead and managed to maybe think differently
posted on 08 August 2017 by Sunil Jhaveri
Many may not know that my GURU in the debt markets from whom I have learnt a lot through many personal interactions, telephonic and mail conversations is none other than Santosh Kamath. I think he joined FT in 2006 and my initial interactions were few and far between. But first real interaction happened when one of his schemes viz Short Term Income plan delivered close to his captured YTM returns over one year period even in the year when 1 year CD rates went up by 400 bps (4%).
posted on 03 May 2017 by Sunil Jhaveri
All of us predicted a Dooms Day scenario as far as investing in debt schemes was concerned (specifically Accrual Schemes). Fortunately I had penned 4 articles during this period (which are still relevant in terms of its content & message) & wish to take some credit for bringing sanity back in the Industry. We would have killed Accrual Schemes as an Asset Class; the only alternative to beat Fixed Deposits which is the preferred investment vehicle of the investors.
posted on 05 April 2017 by Sunil Jhaveri
As Advisors our role does not end by selecting right scheme/AMC/Fund Manager over the Benchmark. There is one more Alpha that we can generate over & above the Fund Managers’ Alpha & that is the right Asset Allocation, Buy Low Sell High & incorporating a strategy for regular profit booking.
posted on 15 March 2017 by Sunil Jhaveri
In my earlier article, I had written about What Not to Do rather than What One Should Do while selecting equity as an asset class for investment in Investor portfolios. This article will high light some interesting correlation between Sensex 10 Year rolling returns & performance of Equity as an asset class post that. I did some analysis of Sensex 10 year rolling returns & came to some interesting conclusions. Please note that these are only statistics at the end of the day. Hence, please treat it as such & take an informed decision based on other Macro parameters prevalent at the time of investments.
posted on 25 April 2016 by Sunil Jhaveri
I am an avid reader of your paper. I am also a Financial Advisor of repute with more than 30 years of experience. I have been advising corporate clients on their treasury management. I also conduct workshops for Independent Financial Advisors (IFAs) pan India & guide them on various aspects of Mutual Funds. I conduct Investor Awareness Programs across the country & also advise Mutual Funds on how to position their own schemes & products. Reason I am giving my detailed back ground is so that you understand that I am one of the important voices of the mutual fund industry & a lot of IFAs & MFs look up to my views & comments on various issues relating to MF industry. My comments are frequently reported in various business papers including ET.
posted on 20 January 2016 by Sunil Jhaveri
What are the key communications which the industry should focus in the current Year to strengthen this new-found behavioral change of the investors (for the better & for their own benefit)? We need to keep this momentum going & ensure that we create Happy Investors who in turn become the Brand Ambassadors for our Industry & start looking at Mutual Fund investments as their First Choice. MF schemes should become PULL products rather than PUSH products.
posted on 07 October 2015 by Sunil Jhaveri
Default on repayment of NCDs by an auto component company has created huge ripples in the debt markets. On top of that downgrade of one of the companies in the steel sector has created a paranoia kind of situation in the minds of Advisors & Investors alike. All are looking to take the first opportunity to exit out of debt market schemes from these Credit Accrual schemes. Let us analyse roles of some of the market participants in this whole chain to take some rational decisions rather than have knee jerk reactions & repent at leisure.
posted on 27 February 2015 by Sunil Jhaveri
Panel Discussion conducted by CII in Mumbai on December 18’2014 (3rd edition of Financial Distribution Summit 2014). Topic of the said Panel Discussion was: KEY DISTRIBUTION CHALLENGES FACED BY THE INDUSTRY.