Index investing (passive investing) has become increasingly popular in the last decade across the world. Trillions of dollars have flown out of active mutual funds into low-cost index funds. But in India, these are still early days for indexing, we just have about Rs 7700 crores in index funds. Although Rs 1.6 lakh crores is invested in index exchange traded funds (ETFs), most of it from the Employees' Provident Fund Organisation (EPFO) and retail investors predominantly invest in index mutual funds. &nbsp;In the past few years, there has been small by steadily increasing chatter about the merits of low-cost index funds in India. Given the growing underperformance of actively managed large-cap funds, there also seems to be a growing realization that low-cost index funds may be the best way to get large-cap exposure. In the last few months, Motilal Mutual Fund has launched a <a href="https://coin.zerodha.com/invite/">s</a><a href="https://coin.zerodha.com/invite/">uite of index funds</a> tracking the Nifty 50, Nifty Next 50, Nifty Midcap 150, and Nifty Smallcap 250, and Nifty 500 indices.&nbsp; In this sweeping conversation with Pratik Oswal, Head - Passive Funds at Motilal Oswal Asset Management Company talks to Prateek Singh (Founder of <a href="http://bit.ly/learnapp-pod" rel="ugc" target="_blank">LearnApp</a>) about:&nbsp; <ol> <li>How he got started in finance</li> <li>&nbsp;What are index funds and how do they work?&nbsp;</li> <li>The basics terminology of index funds</li> <li>Impact and importance of costs when investing in mutual funds</li> <li>His take on the active vs passive debate</li> <li>Are index funds the best way to get large-cap exposure?</li> <li>Liquidity concerns in midcap and smallcap stocks</li> <li>Growth of index funds in India</li> <li>Scope of smart beta funds in India</li> <li>Portfolio construction with index funds</li> <li>Motilal's previous experiment with index funds</li> </ol> Note: The latest AUM in index funds is Rs 7717.16 crores. When the podcast was recorded it was just a little over Rs 6500 crores.&nbsp;

Index investing (passive investing) has become increasingly popular in the last decade across the world. Trillions of dollars have flown out of active mutual funds into low-cost index funds. But in India, these are still early days for indexing, we just have about Rs 7700 crores in index funds. Although Rs 1.6 lakh crores is invested in index exchange traded funds (ETFs), most of it from the Employees' Provident Fund Organisation (EPFO) and retail investors predominantly invest in index mutual funds. &nbsp;In the past few years, there has been small by steadily increasing chatter about the merits of low-cost index funds in India. Given the growing underperformance of actively managed large-cap funds, there also seems to be a growing realization that low-cost index funds may be the best way to get large-cap exposure. In the last few months, Motilal Mutual Fund has launched a suite of index funds tracking the Nifty 50, Nifty Next 50, Nifty Midcap 150, and Nifty Smallcap 250, and Nifty 500 indices.&nbsp; In this sweeping conversation with Pratik Oswal, Head - Passive Funds at Motilal Oswal Asset Management Company talks to Prateek Singh (Founder of LearnApp) about:&nbsp; How he got started in finance &nbsp;What are index funds and how do they work?&nbsp; The basics terminology of index funds Impact and importance of costs when investing in mutual funds His take on the active vs passive debate Are index funds the best way to get large-cap exposure? Liquidity concerns in midcap and smallcap stocks Growth of index funds in India Scope of smart beta funds in India Portfolio construction with index funds Motilal's previous experiment with index funds Note: The latest AUM in index funds is Rs 7717.16 crores. When the podcast was recorded it was just a little over Rs 6500 crores.&nbsp;

Zerodha Educate

Should you invest in index funds? Getting passive with Pratik Oswal

The Bharat Bond ETF by Edelweiss Mutual Fund opens for subscription today. This exchange traded fund (ETF) holds AAA-rated bonds issued by public sector enterprises. The Bharat Bond ETF is unique in a lot of respects. In this wide-ranging conversation, Dhawal Dalal, Chief Investment Officer - Fixed Income of Edelweiss Mutual Fund talks to Prateek Singh (Founder of <a href="http://bit.ly/learnapp-pod">LearnApp</a>) about: <ol> <li>Why the Indian corporate bond market is shallow </li> <li>Reasons for the lack of retail participation in the debt markets </li> <li>The role of debt in a portfolio and how to use debt instruments in a portfolio </li> <li>And finally, explains in detail what the Bharat Bond ETF is, the structure and the risk &amp; rewards of the ETF </li> </ol> You can also check out this companion <a href="http://bit.ly/349OLtP">LearnApp video</a> and this <a href="http://bit.ly/bharat-bond-etf">TradingQnA post</a> for more details about the ETF. <a href="http://bit.ly/2PHg5KP">Click here</a>, if you wish to invest in the Bharat Bond ETF.&nbsp; Please enjoy this conversation with Dhawal.

The Bharat Bond ETF by Edelweiss Mutual Fund opens for subscription today. This exchange traded fund (ETF) holds AAA-rated bonds issued by public sector enterprises. The Bharat Bond ETF is unique in a lot of respects. In this wide-ranging conversation, Dhawal Dalal, Chief Investment Officer - Fixed Income of Edelweiss Mutual Fund talks to Prateek Singh (Founder of LearnApp) about: Why the Indian corporate bond market is shallow Reasons for the lack of retail participation in the debt markets The role of debt in a portfolio and how to use debt instruments in a portfolio And finally, explains in detail what the Bharat Bond ETF is, the structure and the risk &amp; rewards of the ETF You can also check out this companion LearnApp video and this TradingQnA post for more details about the ETF. Click here, if you wish to invest in the Bharat Bond ETF.&nbsp; Please enjoy this conversation with Dhawal.

Dhawal Dalal talks about the new Bharat Bond ETF and the Indian debt markets

Debt markets have suddenly become more action-packed than the equity markets. Ever since the IL&amp;FS default, investors have slowly grown to realize that even debt carries its own risks. make no mistake, debt plays an important role in a portfolio. But it is imperative that you as an investor understand the various debt instruments and use them the right way. &nbsp;&nbsp; Arvind Chari is the Head of Fixed Income and Alternatives at Quantum Advisors. In this webinar, Arvind lays out the case to invest in debt and the core tents to follow when investing in debt funds. Arvind has over 14 years’ experience in Indian fixed income markets across dealing, research and portfolio management. Arvind joined Quantum in 2004 as Research Analyst – Fixed Income to build the fixed income and macro economy research function and also to help develop fixed income and other asset class products for Quantum Mutual Fund. He also helped set-up an offshore India Bond Fund amongst the first of its kind then. Arvind holds a Masters in Commerce (M.com) and Masters in Management Studies (MMS) from the Mumbai University. &nbsp; Arvind is also a really good writer. Here are a couple of articles that inspired us to ask Arvind to talk about the topic at hand today. &nbsp;<a href="https://www.youtube.com/redirect?q=http%3A%2F%2Fbit.ly%2F2IGnO8k&amp;redir_token=zHJnM1_ZovdeUjMTvYk5epN02Jt8MTU2NDY0MzgwOEAxNTY0NTU3NDA4&amp;v=I9kVEOuoziQ&amp;event=video_description" rel="nofollow" target="_blank">http://bit.ly/2IGnO8k</a> <a href="https://www.youtube.com/redirect?q=http%3A%2F%2Fbit.ly%2F2XhgERA&amp;redir_token=zHJnM1_ZovdeUjMTvYk5epN02Jt8MTU2NDY0MzgwOEAxNTY0NTU3NDA4&amp;v=I9kVEOuoziQ&amp;event=video_description" rel="nofollow" target="_blank">http://bit.ly/2XhgERA</a>&nbsp;

Debt markets have suddenly become more action-packed than the equity markets. Ever since the IL&amp;FS default, investors have slowly grown to realize that even debt carries its own risks. make no mistake, debt plays an important role in a portfolio. But it is imperative that you as an investor understand the various debt instruments and use them the right way. &nbsp;&nbsp; Arvind Chari is the Head of Fixed Income and Alternatives at Quantum Advisors. In this webinar, Arvind lays out the case to invest in debt and the core tents to follow when investing in debt funds. Arvind has over 14 years’ experience in Indian fixed income markets across dealing, research and portfolio management. Arvind joined Quantum in 2004 as Research Analyst – Fixed Income to build the fixed income and macro economy research function and also to help develop fixed income and other asset class products for Quantum Mutual Fund. He also helped set-up an offshore India Bond Fund amongst the first of its kind then. Arvind holds a Masters in Commerce (M.com) and Masters in Management Studies (MMS) from the Mumbai University. &nbsp; Arvind is also a really good writer. Here are a couple of articles that inspired us to ask Arvind to talk about the topic at hand today. &nbsp;http://bit.ly/2IGnO8k http://bit.ly/2XhgERA&nbsp;

Should you invest in debt mutual funds?

These are unnerving times for investors with the markets being volatile. Long term investors should ideally embrace volatility, but we are seeing investors stop their investments. Volatile markets tend to induce investors to most often than not, make all the wrong choices. When markets undergo a period of under-performance, investors tend to stop their SIPs or worse yet redeem their investments. This during a time when they should do the exact opposite. As an Investor, you should embrace volatility because you get to average your investment at various price points. In this illuminating webinar, Kalpen Parekh (President, DSP Investment Managers) talks about: 1. The do's and don'ts of investing. &nbsp; 2. The recent under-performance of mid and small cap indices vs the Nifty 50 large-cap index. 3. How should you approach investments in mid and small-cap funds? 4. How Indian markets have performed over various market cycles and the parallels with the performance of the past 1-year. 5. How to think about debt allocation in your portfolio and some historical context on the performance.&nbsp; The presentation used in the webinar: http://bit.ly/2J6F4r6 Here's the previous webinar on introduction to debt mutual funds by Kalpen: https://youtu.be/5AxNrSQrMg4

These are unnerving times for investors with the markets being volatile. Long term investors should ideally embrace volatility, but we are seeing investors stop their investments. Volatile markets tend to induce investors to most often than not, make all the wrong choices. When markets undergo a period of under-performance, investors tend to stop their SIPs or worse yet redeem their investments. This during a time when they should do the exact opposite. As an Investor, you should embrace volatility because you get to average your investment at various price points. In this illuminating webinar, Kalpen Parekh (President, DSP Investment Managers) talks about: 1. The do's and don'ts of investing. &nbsp; 2. The recent under-performance of mid and small cap indices vs the Nifty 50 large-cap index. 3. How should you approach investments in mid and small-cap funds? 4. How Indian markets have performed over various market cycles and the parallels with the performance of the past 1-year. 5. How to think about debt allocation in your portfolio and some historical context on the performance.&nbsp; The presentation used in the webinar: http://bit.ly/2J6F4r6 Here's the previous webinar on introduction to debt mutual funds by Kalpen: https://youtu.be/5AxNrSQrMg4

How to Invest for the long term across market cycles with Kalpen Parekh

Contra funds is a new and unique category that was carved out in the recent scheme reclassification by SEBI. By the very definition, these funds follow a contrarian investment approach and swim against the tide. These funds invest in stocks that are out of favor, special situations, and stocks that can turnaround. Taher Badshah is the Chief Investment Officer (Equities) at Invesco Mutual Fund. He also manages the Invesco India Contra Fund. In this webinar, he explains how a contra fund works, the investment process, and how to use these funds to build your portfolio.&nbsp;

Contra funds is a new and unique category that was carved out in the recent scheme reclassification by SEBI. By the very definition, these funds follow a contrarian investment approach and swim against the tide. These funds invest in stocks that are out of favor, special situations, and stocks that can turnaround. Taher Badshah is the Chief Investment Officer (Equities) at Invesco Mutual Fund. He also manages the Invesco India Contra Fund. In this webinar, he explains how a contra fund works, the investment process, and how to use these funds to build your portfolio.&nbsp;

Introduction to contra funds

In the 4th and final part of the video, Winston talks about accrual management i.e., how to generate returns by managing the yield to maturity (YTM) in your portfolio. When you buy a bond, you earn an assured interest (coupon), which will accrue in your portfolio. In this part, you will learn how you can maximize this. Winston covers concepts such as: <ol> <li>What drives the return of a bond</li> <li>How to increase the returns in your portfolio</li> <li>Different types of risks</li> <li>What is an yield curve, how to interpret it, and the types of yield curves. &nbsp;</li> </ol> Part 1: <a href="http://bit.ly/2XOqlEc">Google Podcasts</a>, <a href="https://apple.co/2J1HGXa">Apple Podcasts</a> Part 2: <a href="http://bit.ly/2O9LdBI">Google Podcasts</a>, <a href="https://apple.co/2W29BHV">Apple Podcasts</a> Part 3: <a href="http://bit.ly/2OnCX0J">Google Podcasts</a>, <a href="https://apple.co/2TY3Ei7">Apple Podcasts</a>

In the 4th and final part of the video, Winston talks about accrual management i.e., how to generate returns by managing the yield to maturity (YTM) in your portfolio. When you buy a bond, you earn an assured interest (coupon), which will accrue in your portfolio. In this part, you will learn how you can maximize this. Winston covers concepts such as: What drives the return of a bond How to increase the returns in your portfolio Different types of risks What is an yield curve, how to interpret it, and the types of yield curves. &nbsp; Part 1: Google Podcasts, Apple Podcasts Part 2: Google Podcasts, Apple Podcasts Part 3: Google Podcasts, Apple Podcasts 

Accrual management (Part 4)

In part 3 of the webinar, Winston talks about Duration. It is one of the most important factors when you are choosing a bond or a bond fund. &nbsp;&nbsp;Duration is a measure of a bond's sensitivity to changes in interest rates. In order to understand duration, you will also need to have a working knowledge of discounting future cash flows or time value of money. To learn about the time value of money, you can check out this Varsity module on this: <a href="https://www.youtube.com/redirect?redir_token=TM84EvqY3mvSQy_DEzi5ZhODqNd8MTU1MzM5NDg0MEAxNTUzMzA4NDQw&amp;q=http%3A%2F%2Fbit.ly%2F2ECfBS1&amp;event=video_description&amp;v=poi5jmaC99I" rel="nofollow" target="_blank">http://bit.ly/2ECfBS1</a> &nbsp; In case you missed Here's: Part 1 - <a href="http://bit.ly/2XOqlEc">Google Podcasts</a>, <a href="https://apple.co/2J1HGXa">Apple Podcasts</a> Part 2 - <a href="http://bit.ly/2O9LdBI">Google Podcasts</a>, <a href="https://apple.co/2W29BHV">Apple Podcasts</a>&nbsp;

In part 3 of the webinar, Winston talks about Duration. It is one of the most important factors when you are choosing a bond or a bond fund. &nbsp;&nbsp;Duration is a measure of a bond's sensitivity to changes in interest rates. In order to understand duration, you will also need to have a working knowledge of discounting future cash flows or time value of money. To learn about the time value of money, you can check out this Varsity module on this: http://bit.ly/2ECfBS1 &nbsp; In case you missed Here's: Part 1 - Google Podcasts, Apple Podcasts Part 2 - Google Podcasts, Apple Podcasts&nbsp;

Introduction to bond Duration (Part 3)

In this part 2 of Bond Basics series, Winston talks about making money in bonds. He covers the basic concepts of a bond such as: <ol> <li>Coupon rate</li> <li>Bond price</li> <li>Yield</li> <li>Yield to maturity (YTM)</li> <li>MTM - mark to market pricing</li> </ol> &nbsp;He also talks about:&nbsp; <ol> <li>The Bond Rule: Relationship between Interest rates and Bond prices.</li> <li>Yield curve</li> <li>Credit spreads</li> </ol> Winston also discusses the various categories of debt funds, their characteristics and how you can use them in your portfolio.&nbsp; In case you missed Part 1, here are the links: <a href="http://bit.ly/2XOqlEc">Google Podcasts</a>, <a href="https://apple.co/2J1HGXa">Apple Podcasts</a>

In this part 2 of Bond Basics series, Winston talks about making money in bonds. He covers the basic concepts of a bond such as: Coupon rate Bond price Yield Yield to maturity (YTM) MTM - mark to market pricing &nbsp;He also talks about:&nbsp; The Bond Rule: Relationship between Interest rates and Bond prices. Yield curve Credit spreads Winston also discusses the various categories of debt funds, their characteristics and how you can use them in your portfolio.&nbsp; In case you missed Part 1, here are the links: Google Podcasts, Apple Podcasts

Making money in bonds (Part 2)

The awareness about debt schemes in limited due to a variety of reasons. But having a &nbsp;fixed income or debt component in your portfolio is essential to building a diversified portfolio. In part 1 &nbsp;of the Series, Winston Noronha, Head of content and learning and development at IDFC mutual fund explains the basics of bonds, the various types of instruments, and sets the stage before diving deep into the complexities of fixed income.&nbsp; Just to set the context the bond market in India is still in its nascency. The corporate bond market today just accounts for 16% of the Indian GDP vs 73% in South Korea and 120% in the US. The bond market in India is &nbsp;dominated by government bonds. Even in mutual funds, institutions are the dominant investors with 54% of the AUM. Comparatively, 87% of assets in equity-oriented schemes are held by retail investors.&nbsp; Winston has a career spanning 25 years in financial services with a &nbsp;background in financial advisory, sales, and research. He has held in strategic and leadership roles in these areas. In recent years Winston is living his passion. He is an ardent believer of appropriate financial advice and financial awareness. He works at the intersection of sales, finance, and behavior. He is a proponent of experiential learning by using high engagement and innovative instructional delivery. Link to the original webinar: http://bit.ly/2RxKla1

The awareness about debt schemes in limited due to a variety of reasons. But having a &nbsp;fixed income or debt component in your portfolio is essential to building a diversified portfolio. In part 1 &nbsp;of the Series, Winston Noronha, Head of content and learning and development at IDFC mutual fund explains the basics of bonds, the various types of instruments, and sets the stage before diving deep into the complexities of fixed income.&nbsp; Just to set the context the bond market in India is still in its nascency. The corporate bond market today just accounts for 16% of the Indian GDP vs 73% in South Korea and 120% in the US. The bond market in India is &nbsp;dominated by government bonds. Even in mutual funds, institutions are the dominant investors with 54% of the AUM. Comparatively, 87% of assets in equity-oriented schemes are held by retail investors.&nbsp; Winston has a career spanning 25 years in financial services with a &nbsp;background in financial advisory, sales, and research. He has held in strategic and leadership roles in these areas. In recent years Winston is living his passion. He is an ardent believer of appropriate financial advice and financial awareness. He works at the intersection of sales, finance, and behavior. He is a proponent of experiential learning by using high engagement and innovative instructional delivery. Link to the original webinar: http://bit.ly/2RxKla1

Introduction to bonds (fixed income) - Part 1

Raamdeo Agrawal, co-founder of Motilal Oswal financial services is one of India's most prominent value investors. His annual wealth creation studies are a treasure trove of insights. In this conversations he talks about how he got started as an investor, his framework for value investing, his learnings from Warren buffet and more.&nbsp; He also talks about one of the most important aspects in value investing - recognizing the difference between price and value.&nbsp; This is a masterclass on all things investing. Enjoy the conversation.&nbsp;

Raamdeo Agrawal, co-founder of Motilal Oswal financial services is one of India's most prominent value investors. His annual wealth creation studies are a treasure trove of insights. In this conversations he talks about how he got started as an investor, his framework for value investing, his learnings from Warren buffet and more.&nbsp; He also talks about one of the most important aspects in value investing - recognizing the difference between price and value.&nbsp; This is a masterclass on all things investing. Enjoy the conversation.&nbsp;

Best practices of value investing with Raamdeo Agrawal

Mahesh Patil is the Co-Chief Investment Officer of Aditya Birla Sun Life &nbsp;AMC and one of the biggest names in the fund management space. He leads &nbsp;a team of twenty, comprising fund managers and analysts, managing &nbsp;around INR 88,590 crores in equity assets. &nbsp; In this conversation with Karthik Rangappa, Mahesh talks about: &nbsp; 1. Overall macros of India and the factors that will influence growth 2. Earnings growth and corporate profits 3. The divergence between Nifty and Nifty small and mid-cap indices 4. The issue of pledged promoter holdings in mutual funds 5. Navigating quality and junk stocks 6. Passive investing and ETFs&nbsp;

Mahesh Patil is the Co-Chief Investment Officer of Aditya Birla Sun Life &nbsp;AMC and one of the biggest names in the fund management space. He leads &nbsp;a team of twenty, comprising fund managers and analysts, managing &nbsp;around INR 88,590 crores in equity assets. &nbsp; In this conversation with Karthik Rangappa, Mahesh talks about: &nbsp; 1. Overall macros of India and the factors that will influence growth 2. Earnings growth and corporate profits 3. The divergence between Nifty and Nifty small and mid-cap indices 4. The issue of pledged promoter holdings in mutual funds 5. Navigating quality and junk stocks 6. Passive investing and ETFs&nbsp;

Mahesh Patil on Indian macros and the recent market trends

Having idle cash in your trading account is a bit of a conundrum. In this episode, Anil Ghelani Senior Vice President - DSP Mutual Fund explains how liquid ETFs work, the underlying securities, and how you can use a Liquid ETF for cash management and to plan your trades.

Having idle cash in your trading account is a bit of a conundrum. In this episode, Anil Ghelani Senior Vice President - DSP Mutual Fund explains how liquid ETFs work, the underlying securities, and how you can use a Liquid ETF for cash management and to plan your trades.

Everything you need to know about Liquid Exchange Traded Funds (ETFs)

Most of us today invest without clear goals in mind. But the thing about setting goals for your investing is that it helps you quantify them. It also allows you to easily set expectations and choose the right instruments to achieve those goals. In this conversation Aashish P Somaiyaa, CEO of Motilal Oswal AMC explains how one should go about setting goals and invest to achieve them.&nbsp; Happy investing!&nbsp;

Most of us today invest without clear goals in mind. But the thing about setting goals for your investing is that it helps you quantify them. It also allows you to easily set expectations and choose the right instruments to achieve those goals. In this conversation Aashish P Somaiyaa, CEO of Motilal Oswal AMC explains how one should go about setting goals and invest to achieve them.&nbsp; Happy investing!&nbsp;

How to build a goal-oriented mutual fund portfolio

If you want equity returns, you must also stomach the associated volatility. We as investors cannot control market movement, interest rates, crude prices, and other factors. What we can however control is our behavior and how we construct our portfolios. In this conversation, Rajeev Thakkar, Chief Investment Officer (CIO) of PPFAS Mutual Fund talks about the things we can do do to manage the risk and volatility in our portfolios.&nbsp; If you have any questions about investing in mutual funds, you can post your questions here on <a href="http://bit.ly/2RPS7Al" target="_blank">Tradingqna</a>. This webinar is part of our <a href="http://zerodha.com/educate/" target="_blank">Zerodha Educate</a> initiative.&nbsp;

If you want equity returns, you must also stomach the associated volatility. We as investors cannot control market movement, interest rates, crude prices, and other factors. What we can however control is our behavior and how we construct our portfolios. In this conversation, Rajeev Thakkar, Chief Investment Officer (CIO) of PPFAS Mutual Fund talks about the things we can do do to manage the risk and volatility in our portfolios.&nbsp; If you have any questions about investing in mutual funds, you can post your questions here on Tradingqna. This webinar is part of our Zerodha Educate initiative.&nbsp;

How to reduce the possibility of losses & volatility in equity portfolios

Multi-cap mutual funds are a unique category because they have a flexible mandate to invest across market capitalizations. Meaning a single fund can invest across large, mid, and small-cap stocks. &nbsp; Given that not all stocks perform the same across market cycles, these funds are the perfect choice to build your core portfolio. In this conversation, Rajat Jain, chief investment officer of Principal Asset Management, explains how multi-cap mutual funds work and how you can use these funds to build your portfolio.&nbsp; If you have any questions about investing in mutual funds, you can post your questions here on <a href="http://bit.ly/2RPS7Al">Tradingqna</a>. &nbsp;This webinar is part &nbsp;of our <a href="http://zerodha.com/educate/">Zerodha Educate</a> initiative.&nbsp;

Multi-cap mutual funds are a unique category because they have a flexible mandate to invest across market capitalizations. Meaning a single fund can invest across large, mid, and small-cap stocks. &nbsp; Given that not all stocks perform the same across market cycles, these funds are the perfect choice to build your core portfolio. In this conversation, Rajat Jain, chief investment officer of Principal Asset Management, explains how multi-cap mutual funds work and how you can use these funds to build your portfolio.&nbsp; If you have any questions about investing in mutual funds, you can post your questions here on Tradingqna. &nbsp;This webinar is part &nbsp;of our Zerodha Educate initiative.&nbsp;

Introduction to multi-cap mutual funds

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