Ahirjoy's Blog

Now most of the new investors in the market looking for good return over long run are not afraid to invest in equities, specially through Mutual Fund route. However most of these mutual fund investments are through third party brokerage houses of banks like ICICI, KOTAK, HDFC etc. When investors are investing in mutual funds through these route basically they are investing in “Regular Plans” of the fund houses. These Regular Plans attract extra charges due to various reasons like Distributor/agent commission etc.. Unknowingly retail investors are paying these charges which is making dent in their investments over long run. For e.g. expense ratio for Franklin India Prima Fund - Regular is 2.08% but the expense ratio is only 0.90% for the direct variation. The difference may be even more for other funds, you can try out with your own funds. Few years back after SEBI’s instruction, all mutual fund houses had to launch “Direct Plans” for each of their funds. These direct ...

It is very easy to become confused when you start your data science journey. However the problem is not dearth of study materials, but having too many of them! It is almost impossible to find the best in the heap and becoming frustrated is natural.   As I had started my data science journey 6 months back, I am providing list of only three best resources in each area which really helped me a lot for steady progress. I hope it will help you also to declutter your confusions and come up with an actionable plan.   A.       Books:   1.        Python Machine Learning by Sebastian Raschke 2.        Think Stats – Exploratory Data Analysis in Python   – Allen B Downey 3.        Introduction to Statistical Learning – by Gareth James (for R)   B.       Courses:   1.     ...

We always envisage competition among organization’s as a fiercely competitive war of strategy which is based on Porter’s famous Five forces model (given below) and that does not help any of the organizations’ much.   The Entry of Competitors: The Threat of Substitutes: The Bargaining Power of Buyers: The Bargaining Power of Suppliers: The Rivalry Among Existing Players:   However according to famous strategists W. Chan Kim and Renee Mauborgne, the best way to beat the competition is to stop trying to beat the competition. Market can be classified into two categories - Red and Blue Ocean. Red ocean signifies already occupied and fiercely competitive market which has been described earlier. However Blue Ocean refers to unexplored market/possibilities which will provide maximum profit to the organization through right strategy and innovation.   Below are the considering factors for leveraging Blue Ocean Strategy: i.    ...

An excellent Beginner's Guide to the Data Science by Randy Lao, https://www.linkedin.com/pulse/life-data-science-osemn-randy-lao

  This is the second part of the blog “A Layman’s guide to Investment” which I started last week. When we do investing, many of us hardly give any consideration how our asset allocation should change with changing time and this is not a wise approach. So, in this blog I am trying to set few simple guidelines which you may consider, 1.        Age 25-30:      Start investing at the earliest and increase your savings and investment as much as possible. This is usually the time when you have less family obligations and thus you can take maximum risks. Also, if you are salaried employee, try to increase your investment in Voluntary PF.   a.        Equity/MF Exposure:     50-60% b.        Fixed Assed Exposure:   20-30% c.        Other Assets:            ...

      This blog is written considering people who have elementary knowledge on personal finance but enthusiastic about starting fresh towards the rewarding journey of investment. They should try to follow below simple steps to begin with, 1.        First analyze your income and expenses thoroughly, not only your big-ticket expenses like EMI, but even minute details like laundry expenses which will give you realistic picture how well   are you managing your income and expenditure.   2.        Create an emergency fund which should be no less than 3 months’ of your monthly income. This will act as a primary cushion for unemployment or unavoidable circumstances.   3.        Buy Family floater plan for you and your dependents even if you have an insurance from your company. This will be very helpful when you are out of job or even for b...

Consolidation of Public Sector Banks – Will it serve any purpose? Yes, definitely. The suggestion of consolidation among PSBs has quite old history. Narasimham Committee Report in 1991 (NC-I), recommended a three tier banking structure in India through establishment of three large banks with international presence, eight to ten national banks and a large number of regional and local banks. Narasimham Committee Report in 1998 (NC-II) also reiterated the recommendations on NC-I.   Few strong arguments for Consolidation can be given below: 1. Indian banking sector is highly fragmented . PSBs mostly competing with each other as they have same business model, products and segments. Herfindahl-Hirschmann Index (HHI)1 for Indian banking sector stands at 545.2, reflecting low levels of concentration. It will also enable geographical diversification, increase in market share and penetration to new markets, and help promote international acceptance and recognition.   ...