Market Exuberance
Greetings from PenguWIN, The stock markets are rising every day and Sensex closed today, 11th Dec 2020 at 46,099. From the low of 25,981 on 23rd Mar 2020, this is an increase of 77.4%. The worrying factor is that the fundamentals of profit, sales and GDP are not in tune with it. Foreign Institutional Investors (FIIs) have been flooding our markets with huge amount of money. This money is going into select Large Cap companies...
PenguWIN turns 6
Greetings from PenguWIN, Today, we are 6 years old. Our sincere thanks to each one of you, for your patronage. Trust we are well set for a long innings. Initially, when I decided to move from corporate employment to entrepreneurship (whatever small business that we do), while there was a lot of support from...
Debt Mutual Funds Simplified
Greetings from PenguWIN, I wanted to pen a short and simple write-up on Debt funds. The objective is that the investors should have a basic understanding of what a debt fund is and how it works. Debt funds are categorized based on the maturity profile of the instruments/securities/papers (used interchangeably) that they hold. In simple terms you can think of 60 days FD (Fixed Deposit), 91 days FD, 1-year FD and so on. If money is...