We are increasing the duration of our Fixed Income portfolio to reflect the current macro conditions. We want to take advantage of the current higher rates to further increase the duration of the Gilt funds we hold. Read more about how we intend to shape this portfolio going forward ..read more

Unlock this post by trail. Craftsman Automation excels in making precise parts for cars and machines. Amidst temporary headwinds, looks resilient with a focus on growth and innovation ..read more

FY24 brought us a 42% gain in our Capitalmind Focused portfolio, gently outperforming the Nifty's 29%. It's been a bit of a rollercoaster, especially these last few months, but that's part of the equity investing. It's like having a compass and a map in the vast world of investing—focusing on where we see growth and tuning into the market's whispers, all while navigating through the ups and downs together. Read on ..read more

Yet again, India’s Current Account Deficit is a mere 10 bn in the quarter (Dec 2023), less than levels more than a decade back, and less than 2017-18 too. Why net of gold? It’s not really a current account import – it’s a financial investment for the most part so it’s a “financial account” item, IMO. The gold is privately held, but that’s like an investment in shares from India by private individuals. The trade deficit has widened: But that’s offset by a rise in remittances (to $29bn!) And a rise in software exports: Both FPI and FDI went up in the quarter, $12bn and $4bn respectively. Not muc ..read more

There are some winning patterns in investing that keep repeating. One such pattern is when a big company buys a struggling company, fixes old problems, and brings in new leaders to grow the business. This way has often led to the creation of strong companies. We have seen this happen again with Poonawalla Fincorp. But, the big question is, "How much more can the stock go up? Let's discuss ..read more

In the last few days, we have seen increased volatility in the mid and small-cap sectors due to regulatory actions, including restrictions on inflows into mid and small-cap mutual funds, requirements for stress testing by asset management companies, and limitations on margin funding liquidity etc. On the back of these developments, we are reducing our small-cap allocation and increasing our cash holdings ..read more

Trent, part of the Tata Group, is transforming Indian retail with unique store concepts, trendy products, and focusing on customer satisfaction. This article explores Trent's journey, including why they launched Zudio despite having Westside, and uncovers the secrets behind Zudio's rapid success despite no online sales, discounts, or seasonal trends. We will also delve into Trent's competitive edge and its valuation in the market ..read more

Data Patterns, a supplier for Tejas, BrahMos missile, etc., is one of the few vertically integrated defense private players in India. The industry is supported by multiple tailwinds, and Data Patterns is strategically positioned with a debt-free balance sheet and a strong order book. Furthermore, what has caused the recent strong uptick in the stock? Here, we analyze. Read ..read more

Ceasing the 'Chase' strategy on March 31, 2024, because its hourly monitoring and new trading hours complexity conflict with our aim for straightforward strategies, despite a notable 23.2% CAGR over three years. Here are its entry & exit rules. Read on ..read more

This post is unlocked with the 14-day free trial. Find the link below? to start your free trial. With hotel demand expected to increase in the next few years, SAMHI Hotels emerges as an exciting new player on the scene. If its management walks the talk, the company could take advantage of the growing market, along with financial and operational leverage, to succeed. Read on ..read more