Categories
ETFs Presentation

All you wanted to know about ETFs but were afraid to ask

Motilal Oswal had conducted a conclave recently on ETFs.

One of the keynote speakers was Deborah Fuhr from ETFGi who gave a superb presentation on ETFs.

Aashish has graciously agreed to share the same for the readers of Alpha Ideas.

Interesting to know that foreign based ETFs have 5.6 Billion $ of exposure to Indian equities.Thats nearly half the AUM of Indian Mutual Funds !

[gview file=”https://alphaideas.in/wp-content/uploads/2013/06/MOst-ETF-conclave-June-2013.pdf”]

 

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Chart RealtyStocks

Sorry State of Realty Stocks

(Source Ramgopal25 Via LordLudus)

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Categories
Observations

The drumbeat goes.. Exports,Exports,Exports

An peculiar aspect of the Indian equity market is the herd like behavior of its brokerage community.One a meme (idea) takes root it quickly spreads and soon everybody are chasing the same stocks

To illustrate, in 1999-2000 , the IT sector was the meme.All brokerages recommended IT stocks, their clients bought it,so the stocks rose which led to recommendation upgrades and so on till the bubble burst.

The same cycle played out in various sectors over the years…telecom, realty, infra and so on

Recent memes that have done well in the last one year or so are FMCGs, Private banksĀ  etc

Now the meme that is fast gaining currency are Export Oriented Companies.

Like all memes, the underlying premise is simple and sound.Our dear Rupee has collapsed from around 45 Rs/$ to around 60 Rs/$. So export oriented companies should be raking in the moolah and laughing all the way to the bank.

Watch out as this idea spreads and becomes popular and brokerages start recommending names for this play.

How to play this game?Soros would have climbed on to the bandwagon, rode the wave up and got out before the collapse.

But then not all of us are destined to be a Soros !

Categories
5Stocks

5 Worst Performing Nifty Stocks in June 2013

This post is in continuation of my 5 Stocks Series (see here)

5 of the worst performing Nifty stocks in June 2013 so far are listed below:

Symbol Close on 31 May,2013 Close on 20 June,2013
JINDALSTEL 284.45 221.95 -21.97%
SESAGOA 163.9 139.85 -14.67%
BHEL 200.55 171.35 -14.56%
AXISBANK 1430.55 1239.8 -13.33%
INDUSINDBK 517.3 449.25 -13.15%
Categories
Interview

Mohnish Pabrai:What I learnt from Warren Buffett and Charlie Munger