I have keen interest in Finance and Capital Markets. I am an ardent DIYer when it comes to my personal finance
Kolkata, India
Joined October 2016
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@MilkCountry will now see greater traction given the merger of bbdaily with @bigbasket_com has been a complete operational failure from day 1. From day 1 of this merger, they faltered milk supplies at homes and simply refunded with operational constraints msg.
What the hell @bigbasket_com? After yesterday's long conversations, again the same thing repeats today ! No milk supply for 2 consecutive days !!!
A Mohan retweeted
Rajeev Thakkar, CIO of PPFAS has just written a letter to unitholders. Here are some key points:
1. PPFAS hasn't even given FD returns - his response
The only way to guarantee an FD return is to make an FD. Volatility is the reason equities can potentially beat FDs in the first place, not a bug in the system.
2. Why is PPFAS holding so much cash?
Cash peaked near 25% during the 2024 exuberance, when the team was guiding caution. It's down to 14-15% in Flexi Cap now. Thakkar expects single digit levels as more opportunities open up after two years of time correction.
3. Is the underperformance due to its large size?
No. He points to 2007, when he ran a larger drawdown on a PMS book of about ₹100 crore. The current stretch is ordinary for a strategy that buys out of favour names.
4. What about HDFC Bank?
PPFAS holds a basket of 4 private banks. Thakkar says HDFC Bank's recent issues don't carry the scale of past sector frauds and don't threaten the franchise. No change to the outlook on the basket.
5. What about small and midcap valuations?
Nifty 100 trades at 20.8x, Nifty Midcap 150 at 30.7x, Nifty Smallcap 250 at 34.6x, per Screener data as of August 4. Thakkar's point is that smaller doesn't structurally mean higher returns, and he cites the US market as a counterexample.
This is going to be my next purchase to have a solid tracker. Have been using Pattu Sir's tracker product for years and now a welcome leap frog to browser based yet private tracker
NaviPlan: A Privacy-Focused Multi-asset Tracker and Goal Planner freefincal.com/naviplan-a-pr…
A Mohan retweeted
Call it what it is: evil, calculated, and deeply treacherous. When an opposition leader celebrates the attempt of global humiliation of his own country, he isn’t fit to lead.
Rahul Gandhi isn’t criticising policy here. He’s boasting that his own party cadres succeeded in disrupting an international summit and denting India’s image in front of the world. That’s Machiavellian sabotage.
A normal opposition fights the government on issues. This is something darker: weaponise embarrassment as strategy. If India is hosting global leaders, tech CEOs and investors, and you can’t control the narrative with competence, then you manufacture chaos so the headline becomes “mess” instead of “moment.” That isn’t politics. That is anti-national theatre.
A Mohan retweeted
THREAD 🧵
How a single poster in Kashmir unravelled a chilling terror plot spanning five states and prevented a mass-casualty nightmare.
Read this thread, which will sound like a season straight out of Homeland or Fauda!
A Mohan retweeted
Smita Prakash slams Ravish 🔥🍿
Smita: Ravish calls everyone Godi Media but he worked in NDTV which was biggest Godi Channel during Congress Govt.
NDTV had special access, they did party at President's house.
NDTV was not questioning Congress Govt.
Ravish was happily working in NDTV then. Why didn't he cry Godi Media?
Let's see if @ravish_journo replies to @smitaprakash.
A Mohan retweeted
The Mutual Fund industry has launched Rs. 250/- SIP as the #ChottiSIP
I sincerely wish that this #ChottiSIP gains traction and increases access by getting in those who have still not tried mutual funds
But if it is to be promoted as Pay 7 installments of Rs. 250/- ( totally Rs. 1750/-) and get Rs. 2000/- back (effectively 1 SIP instalment free) - then I think not only will it not succeed but also it is regressive as it takes the industry 20 yrs back in the era of enticing investors with passbacks
The Mutual Fund industry rightly left the passbacks behind many years ago and now even though SEBI is ok with allowing these passbacks, it will be a bad move. You are getting in investors for the wrong reason to the industry with passbacks
The Mutual Fund industry has enough merit in the product itself being superior to other investment products rather than pushing this concept of passbacks again! This will lead to opening floodgates for other investors also. A bigger investor will also start demanding passbacks for his SIP
Someone in SEBI needs to wake up that they are opening a Pandora's box by allowing this!
A Mohan retweeted
People from Malabar in Northern Kerala should see the beauty of the Western Ghats in Coorg, before demanding a Railway line through Coorg to Mysore.
Just imagine the magnitude at which the destruction of these fragile ecosystems will be.
People of Kerala it’s my request!
A Mohan retweeted
A bit late on social media today as digital medium doesn't give you much time to go for long strolls.
But here's a summary of @moneycontrolcom Personal Finance's coverage of Budget 2024. ⏬⏬ #BudgetWithMC
A Mohan retweeted
I hope this is a reasonably accurate summary of MF taxation #Budget2024
For details see
freefincal.com/budget-2024-b…
@AmazonHelp ORDER # 171-XXXXXX-2883515 was Microsoft 365 Subscription. Got invalid product keys and vendor has not bothered to reply for 3 days which your customer service executives have followed multiple times. refund not given. TicketId : 9bf0cced-bddb-4731-9e89-7a617b77a17d
@AmazonHelp I am writing to you in angst for order# 171-8090226-8000305. The furniture delivered was having missing parts for which the assembling team had cancelled the Installation Order.A return was created on May 5 which @help_delhivery team cancelled. Again another return
@help_delhivery you do it again for the SECOND TIME? AWB 1493125747772 was AGAIN CANCELLED by your people and it was AGAIN LIED THRU THE TEETH as I cancelled it. WHO ARE THOSE PEOPLE THAT YOU HIRE TO RUN UR BUSINESS? You have no respect for people's time. This nonsense must stop!
was created on 6 May which the @help_delhivery team have cancelled citing the same FALSE NARRATION ! Why should I ask for Cancelling the pickup knowing very well that the furniture cannot be assembled? I am surprised that buying furniture from @AmazonHelp is tantamount to abject
harassment. To add to the trauma, I am bounced from one customer executive to another, from one Large Appliance Team to another and it goes ON and ON endlessly without any solution in sight. ALL I WANT IS REFUND OF MY MONEY. This is not acceptable to harass a customer @JeffBezos
@help_delhivery Who cancelled the reverse pickup bearing AWB 1493125739195? I did not ask for cancellation, I was waiting for the pickup the whole day and I called up the number given in the pickup SMS. That guy simply cut the phone on hearing that I am asking for reverse pickup?
What kind of professionals you hire who are lying through their teeth ? @help_delhivery Look below. When did the customer i.e. me ask for cancellation of pickup ?
I never asked anyone to cancel the pickup and your logistics simply lied shamelessly. This is complete preposterous.
@delhivery Can I please understand on how you think that people's time are useless and all are sitting idle? Your logistics team are playing with people's schedule and it is getting simply worse each and every time Delhivery is the logictics partner for any purchases or dispatch
The WORST AC COMPANY IS @BlueStarLtd , their AC goes kaput within 17 days of purchase and no one, in the company has any clue when they can supply the sapre part to get the AC running. WHAT DO YOU EXPECT MORON ? People drop dead after buying AC from @BlueStarLtd ?
@BlueStarLtd have you lost your quality control ? Ticket# B24041707784 is languishing for motherboard pending for a Window AC purchased 2 weeks ago. In 2 weeks your motherboard goes corrupt. The worst kind of AC you are peddling to Indians. Cc @jagograhakjago
A Mohan retweeted
I have seen 97.5% Income tax, 5% wealth tax, and an unbelievable Max marginal Estate Duty at 85%. Ha, Gift tax too!!
Honest families who had to sell their assets to pay the tax.
This was Congress Rule. VOTE CAREFULLY.
