Recently, an article was published from a SEBI registered research analyst website. This article more or less went viral (which was probably the intent in publishing it ??♂️ because of the content it carried)
Content – a blanket exit call for all equity schemes from a fund house ?
The exit call was driven mostly around subjective parameters which were a little pungent & odour driven but added with a pinch of objectivity (yes, there was thankfully)
At the end of the day, their call might become a reality (I don’t know) but the reasoning might utterly fail ?
I’ll show a small example on how these research websites make MF portfolios for subscribers (absolutely fooling them)
Here is a compilation of their MF portfolio recommended for a holding period of 7 years plus….
Education / Wedding / Retirement / Wealth are the different goals under which the portfolios were extracted…
all of them have the same portfolios with the same allocations ??
Bottomline…. whatever is the goal / diagnosis, we have the same PARACETAMOL combination drugs
Overall, there might be over 20 or 25 plus portfolios (ready made) & the portfolios taken for this tenor gave more or less the same result ??♂️
If we start to check for other tenors & goals, it wouldn’t change much because for all those tenors….the portfolios might actually more or less match
Talk about goals & metrics ???
What would happen to a subscriber who wishes to follow their ready made portfolios for investing???
Oh yes… There is a disclaimer down below ?
Now let’s introspect – do we need to follow such writings, even if they turn out to be a reality in the future?
Their claim to fame also has been a call on debt schemes of the fund house but that’s a Shikari Shambu effect that I wrote earlier.
Above is the little snapshot compilation ??
I generally refrain from penning such thoughts, but this was important to write and mention – how readers / subscribers can be taken for a ride
Beware Subscriber / Reader
Btw….the latest update
One of the schemes in the portfolio s above (recommended last quarter) has been removed from their recommendation list due to consistent underperdormance which they’ve been mentioning for long (apparently)…they’ve asked to stop SIP s as well.
I extracted the above portfolios yesterday ????