January 31, 2025

The Sachet Revolution of The Mutual Fund Industry

The Securities and Exchange Board of India (SEBI) has released a consultation paper seeking public opinion on introducing sachetized mutual fund products—small-ticket SIPs of ₹250. This initiative aims to promote financial inclusion and instill a habit of systematic savings among the low- and middle-income segments of society, who largely remain divorced from equity markets. Much…

Read more

POSTED BY

Vivek Sharma

January 21, 2025

Long Alpha Performance Deep Dive: 2024

The year 2024 proved to be eventful for both the financial markets and Estee’s PMS – Long Alpha. We started the year with a bang, delivering approximately 10% return in January, significantly outperforming the BSE 500’s 2% return. Retail investor participation was remarkable, and the year seemed promising until challenges arose in October due to…

Read more

POSTED BY

Vivek Sharma

January 10, 2025

Gulaq Market Cap Portfolios

Gulaq is the retail investment advisory arm of Estee Advisors, a company with almost two decades of experience in creating quantitative investment products for institutional and high-net-worth investors. With Gulaq, we focus on helping retail investors, mainly through the Smallcase platform. We offer them portfolios that are built using the same research but packaged to…

Read more

POSTED BY

Vivek Sharma

October 31, 2024

Multicap vs. Felxicap: Which One Should You Invest In?

If you don’t understand the difference between multicap and flexicap funds, you’re not alone. Multicap and flexicap are two of the most popular equity mutual fund categories, and they often confuse investors when it comes to choosing the right one. While they may seem similar, each has its unique advantages. In this blog, I’ll break…

Read more

POSTED BY

Vivek Sharma

October 25, 2024

Skill vs. Luck – What Drives Investment Returns?

In stock market a good decision can lead to a bad outcome and a bad decision can lead to a good outcome. Luck plays a big role in investment outcomes but is often overlooked—sometimes intentionally. If you tell yourself, you just got unlucky, you are making excuses. If you tell yourself, you got lucky, you…

Read more

POSTED BY

Vivek Sharma

August 23, 2024

The Evolution of Factor-Based Investing

Imagine you’re a student preparing for an important exam. What are the factors you think will determine your score? You can be the smartest person in the whole world, but if you don’t handle the exam pressure well, your performance would suffer. Your score, as you might have correctly guessed, depends not just on your…

Read more

POSTED BY

Vivek Sharma

August 20, 2024

How Investors Lost Money in Peter Lynch’s Magellan Fund

The Magellan Fund, managed by Peter Lynch from 1977 to 1990, is legendary in the world of investing. Under Lynch’s rein, the fund delivered an average annual return of 29%, making it one of the most successful mutual funds of all time. But here’s the paradox – despite this stellar performance, most investors in the…

Read more

POSTED BY

Vivek Sharma

August 9, 2024

Time In The Market > Timing The Market

Imagine if taking a few days off your work cost you your entire salary. Sounds extreme, right? Who would want to work in a place like that? Yet, in the world of investing, where your money is working for you, this happens all the time – missing out on a few of the market’s best…

Read more

POSTED BY

Vivek Sharma

July 26, 2024

Identifying Overvalued Stocks: A Proof by Contradiction Approach

  Proof by contradiction is a logical method used in mathematics to prove a statement by assuming the opposite of what you want to prove. If this assumption leads to a logical contradiction or an absurd conclusion, then the original statement must be true. In this blog, I will show how this method can be…

Read more

POSTED BY

Vivek Sharma

July 8, 2024

Debt Funds Deep Dive

Debt Funds are funds that invest primarily in fixed income securities of government and corporates. As of May 2024, it has over Rs. 15 lakh crore in assets under management (AUM) – about 26% of the total AUM in the industry. In this blog, we are going to take a deep dive into debt mutual…

Read more

POSTED BY

Vivek Sharma