Renuka Jain

Covid 20 came as a storm to all asset classes. Lock downs, deaths , tragedy and all the pain which is unimaginable while many in lock down are working all day with thin staff, others who unable to do that are trying to blame others for their losses Yes I am one of them. but I do not  give up so easily. Many blaming me today for funds selection and losses and in turn blaming the fund houses and fund manager for the same. They easily forget that non of us get calls right all the time and neither the fund manager From today I shall post an article on every great Fund manager brilliant in his expertise. But every fund manager has his good or bad times. Sometimes calls taken fall right at place. However sometimes calls taken fall flat But at the end of decade, most good fund managers end at great  returns Today I write about Anoop Bhaskar.. Currently managing IDFC Funds and in eye of criticism of many.  The Journey of Anoop ' 2013 Picture this sce...

This post is straight from the heart. I mean don't mean to offend anyone. But I am writing this feeling very low today In this long journey of financial advisory, I have experienced various market corrections as well as huge rallies My gratitude to all who kept immense faith in me and never doubted my intentions. Many of my overseas investors left blank cheques with me, so that I can invest whenever they have funds in bank I understand the pain, that investors are going through for past 3 years. All of us know that the correction started post announcement of Long term Capital gain in February 2018.. Then the SEBI order of categorization of mutual funds. This led to huge losses in mid and small cap. Fund managers lost lot of independence to manage funds. Looks like SEBI does not want fund managers to use much expertise Then there was the election year. No one expected a pro growth budget. post elections, everyone was eyeing the budget. But the Budget presented in July 2019 ...