Bhavana Acharya, Author at PrimeInvestor

Mutual funds & ETFs

Systematic transfer plan (STP) – how to use it right!

When you have a large sum to invest in, you have been told, it is best to systematically transfer it using what is called the Systematic Transfer plan (STP). This does exactly what an SIP does, except that the money to be invested, in this case, does not lie in your savings bank account. It lies in a fund. Also, unlike a SIP, where you typically invest from your monthly savings, in STP you simply deploy the lumpsum that you already hold. So far, so good. But for how long should you run this STP? Which funds do you go for? And should you always use an STP when you have a lumpsum?

Bhavana Acharya August 17, 2021 17 Comments

Devyani International IPO, Devyani IPO, IPO, Devyani

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IPO Review: Devyani International – Invest or Avoid?

On the heels of Zomato, Burger King, and Mrs Bectors comes the Devyani International IPO. This company runs the KFC and Pizza Hut chains across the country. It has other restaurant chains too, but the bulk of its revenues come from these two. Devyani International is aiming to raise approximately Rs 1,838 crore through its IPO.

Bhavana Acharya August 3, 2021 4 Comments

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IPO Review : Zomato IPO – Invest or avoid?

If there’s talk in the stock markets today, it’s devoted to the upcoming Zomato IPO, which aims to mop up Rs 9,375 crore. Unlike the crop of recent private equity investor backed companies doing IPOs, this isn’t primarily an offer for sale. Zomato gets a whopping Rs 9,000 crore to deploy into its business mainly through a fresh issue of shares. Only one investor, Info Edge, will offload a Rs 375 crore stake. At the upper end of the price band of Rs 72-76, the post-offer market cap of listed Zomato will be around Rs 60,000 crore.

Bhavana Acharya July 11, 2021 11 Comments

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Understanding mutual fund performance – how to use ratios and other metrics

Rolling returns forms the base for several other ratios and metrics that are used frequently in understanding a fund’s performance. You know them – we talk about it when we write on funds, you see them in fund details pages. We are, of course, referring to the Sharpe ratio, alpha, beta, standard deviation and the like.

Bhavana Acharya July 1, 2021 11 Comments

Categories

IPO review – KIMS Hospitals

KIMS Hospitals or Krishna Institute of Medical Sciences Hospital is a multi-speciality hospital chain with 9 centres, focused on the Andhra Pradesh-Telangana region. The KIMS Hospital IPO seeks to raise a sizeable Rs 2,143 crore (at the upper end of its price band of Rs 815-825). Of this, Rs 1943 crore is an offer for sale from PE investor General Atlantic, the promoters, and 44 other shareholders. The remaining will be used to pay off the already low borrowings and for general corporate purposes. Does the KIMS Hospital IPO make for a good long-term bet?

Bhavana Acharya June 15, 2021 8 Comments

Mutual funds & ETFs

Prime Recommendation: 2 floating rate debt funds for medium time frames

With interest rates being where they are – i.e., stable with no clear signs of a move upwards or downwards – you would wonder where you could hold investments meant for a 2-3 year timeframe. And many of you also wonder if the best option you have is to go for floating rate debt funds as they would have an edge over other debt fund categories.

Bhavana Acharya June 6, 2021 6 Comments

Mutual funds & ETFs

Prime Recommendation: Mid-cap returns with would-be bluechips

There’s another index that gives mid and small-cap funds a good run for their money while housing far bigger names. This is a high return index if highly volatile one, and can be used in long-term portfolios to give returns a boost.

Bhavana Acharya May 6, 2021 20 Comments

Stocks

Stock recommendation: A dividend play on consumer demand recovery

Stocks and sectors that are likely to take an immediate hit to revenue and profits have slipped more than others. But many among these have medium to long-term growth drivers in place, and are strong enough to weather near-term impact to profitability.

Premium article available only to subscribers.

Bhavana Acharya April 25, 2021 No Comments

Mutual funds & ETFs

Which debt funds to hold now and other questions, answered

Debt funds are back to worrying many of you. Returns are dipping, there’s a lot of talk on yield movements both at home and in the US, there’s the question of where rates will head now. Over the course of the past several weeks, we have fielded several questions from you on what this means and what you should be doing with your debt funds.

We’ve written extensively on the developments in the debt space in different articles. But here’s answering the questions that appear to worry you the most.

Bhavana Acharya March 21, 2021 23 Comments

Mutual funds & ETFs

Is the UTI Nifty 200 Momentum 30 index fund NFO worth it?

The Nifty Momentum 30 is drawn from the Nifty 200 index. Momentum as a strategy is designed to pick stocks that are on a return uptrend and gain from the continued upswing.

Bhavana Acharya February 19, 2021 18 Comments

Mutual funds & ETFs

Should you invest in balanced advantage funds now?

If you watched any cricket in the past few days, you could not have missed the ad from a prominent fund house, extolling the virtues of (their) balanced advantage funds. Whether its AMCs, fund managers, media, or your neighbour, the advice is that the best way to manage current markets is to add a balanced advantage/dynamic asset allocation fund to your portfolio. Should you?

Bhavana Acharya February 9, 2021 39 Comments

Mutual funds & ETFs

Prime Recommendation – An ETF for uncertain markets

The Nifty 50 has rallied 16% in 1 year, the Nifty 50 PE is breaking past peaks, and you’re worried that this may be the end of the party and that you may miss further rallies if it isn’t the end. In uncertain markets like these, there’s a great option to both contain losses and generate returns.

Bhavana Acharya January 17, 2021 21 Comments

PrimeInvestor - Articles and Reports

Systematic transfer plan (STP) – how to use it right!

IPO Review: Devyani International – Invest or Avoid?

IPO Review : Zomato IPO – Invest or avoid?

Understanding mutual fund performance – how to use ratios and other metrics

IPO review – KIMS Hospitals

Prime Recommendation: 2 floating rate debt funds for medium time frames

Prime Recommendation: Mid-cap returns with would-be bluechips

Stock recommendation: A dividend play on consumer demand recovery

Which debt funds to hold now and other questions, answered

Is the UTI Nifty 200 Momentum 30 index fund NFO worth it?

Should you invest in balanced advantage funds now?

Prime Recommendation – An ETF for uncertain markets

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