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Bazaar Ki Baat – May 2023

Bazaar Ki Baat is a compilation of monthly market & sector update together with relevant events / occurrences in the economy and personal finance world.

In the 8th edition of “Bazaar ki baat”, we discuss the transformational changes in India over the last decade, Q4FY23 Earnings review, how have the earnings grown across sectors over the years, and Term Insurance – ideal cover and ideal age.

Below are the various topics discussed with their timestamp, so that you can directly jump to the section you like to watch.

• 00:00 – Monthly performance of market – Transformational decade
for India

• 05:54 – Sector performance – Earnings driven

• 05:54 – How did India Inc. fare in Q4FY23?

• 11:00 – Insights from the Historical earnings performance of
various sectors

• 14:31 – Term Insurance – what is the ideal cover and ideal age of the cover.

In case you have any questions, please put them as comments.

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Bazaar Ki Baat – Apr 2023

Bazaar Ki Baat is a compilation of monthly market & sector update together with relevant events / occurrences in the economy and personal finance world.

In this month’s edition of “Bazaar ki baat”, our Founders Shruti Agrawal, CFA ,  Kshitiz Jain, CFA, FRM and Vikash Agarwal , CFA discuss the sharp rally in April, Investors lack the skill to sell and how debt funds score over FDs even after removal of indexation benefits.

Below are the various topics discussed with their timestamp, so that you can directly jump to the section you like to watch.

• 00:00 – Monthly performance of the Indian stock market

• 04:55 – Sector performance – Rate sensitives rule

• 07:57 – Investors have the skill to buy, but lack the skill to sell

• 14:27 – How debt funds score over FDs even after the removal of indexation benefits.

In case you have any queries or observations, please put them as comments.

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5 Common Money Mistakes We Make In Our 20s and 30s

Investments turned negative

As soon as we start earning our salary, we make some radical financial and monetary decisions, which end up being mistakes in the long run. There are quite a few reasons for this, but one that is commonly attributed to problems like these is low financial literacy. Our schools, colleges, and a number of years of formal education may prepare us to face the real world, but more often than not, it leaves us completely clueless about the financial world. This is why we have listed down 5 common money mistakes we make in our 20s and 30s, so you can avoid these! 

  1. Frivolous Spending- The indescribable joy of the first salary, the rush when your account shows salary credited, we understand how this can be an invitation to spend it all, and that’s exactly what we do in our 20s. Living beyond our means won’t get us to financial freedom anytime soon, and living paycheck to paycheck is certainly not the way to go. Since we are not taught the basics of money management from a young age, these skills take time to develop in our adulthood and may affect us in the long run, if we are not savvy with our expenses! 
  1. Not Having Financial Goals- Like with any destination, it is easy to get lost amidst the confusion if our journey is not mapped. Having a financial goal is really important because if we don’t have a financial plan, our expenses will be unhinged and you will be completely clueless when an emergency hits. We know the future is a long shot, and you might feel that there is time, but every year you don’t categorize your goals, you lose a layer of financial security. Start with short-term goals, like saving an x amount, or opening up a retirement fund, just the thought is a wise investment in your future! 
  1. Credit Cards- Oh the ominous credit card! When we are in our early 20s and 30s, maintaining an image (and over the top credit card limit!) is all the rage. This habit is extremely harmful especially in your 20s if you have education loans and other debts pending. Plastic is drastic, this rings true for that credit card lingering in your wallet waiting to add exponential debt with its towering interest rates and deceptive rewards. However, if you are of the very disciplined ones, you might think about owning 1 credit card. 
  1. Not Having An Emergency Fund- Usually, having any money saved at all at the end of the month quickly translates to orders from Zomato and that red dress from Zara- although indulgences are good once, in a while, you are completely going bare if you don’t have an emergency fund. The pandemic has taught us bitterly that job security and financial wellness may all well be transient and that fortune favors the prepared. Not having an emergency fund will be crippling if any sort of financial or health emergency arises, you will be on shaky ground! 
  1. My Friend Told Me To Invest In..- Beware of this! We understand that friendships are important, but take everything with a grain of salt. We have all been guilty of falling trap of conjecture and investing our money in a risky stock which we would not have otherwise. Falling trap to what others are saying is a common problem, but it can be extremely pricey when it involves literal money! Investing is a great tool for your money to work for you, but make sure that you do your own research and not fall into so-called trends and end up in grave financial danger! 
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5 Tips To Customise The Perfect SIP Plan For You-


There are so many different options and ways in which you can catapult your journey towards financial freedom if you make the decision to wisely invest your money. We often find that taking the first step towards our goals is the most bewildering as there are so many financial products available in the market. If you are a beginner, then a SIP is perfect for you! A Systematic Investment Plan allows you to save and invest your money regularly, it does not have to be a huge amount, which is why it allows beginners to start their journey towards financial freedom. You can choose to start a SIP on a monthly, weekly, or yearly basis depending on your needs.  Here’s what you can do to make the most out of your SIP investment! 

  1. Make sure that the mutual fund or the SIP plan that you choose, has been around the market for at least 5 years. Do not jump to invest in the trendiest plans or the most touted funds- instead, research and collate your needs and capacity to your investment. A great way to do this is to analyse the returns of a fund over a considerable amount of time and then make the calculated decision of whether you need to invest in this or not. Make sure that the fund house that you choose to invest in is recognizable and is registered by SEBI. 
  1. A high volatile fund might attract you to invest a chunk of your money in it, but make sure that you first analyze the current financial market before you hop on to trends. A great way to do that is to track the stock market and analyze the volatility of the market before you invest in high volatile stock / fund. See their past trends and returns, if they have a consistent track record, investing might be a good option. Stay away from risks like low liquidity by actually doing the homework and not falling prey to trends as they can become quite costly. 
  1. The total corpus should be expansive. If you are new to investing, look for funds with a corpus size of 500 – 1000 crores. 
  1. Try investing in tax-saving schemes like an Equity Linked Savings Scheme (ELSS). These schemes are not only a lucrative way to get back high returns on an investment but also help tax deduction up to Rs 1.5 Lakh a year. ELSS can also be used as a Growth Fund which can be used as a long-term wealth creation platform, where you can realize the full value of the investment when you choose to redeem it. ELSS linked schemes are great for young and old investors alike who are starting out their investment journey, and looking for a higher rate of tax deductions. 
  1. Diversify your portfolio. We always like to stick to our comfort zone and invest in stocks that are only doing well for the current time period, ignoring the other stable stocks, which go a long way to protect us from the volatility of the market. The returns of the major asset categories like stocks, bonds, and cash move differently at all times, as the forces of the market can help one category do better and hinder the growth of another. By diversifying your portfolio you can reduce the risk of losing money and make sure that the overall investment stays stable. 

Don’t be afraid of venturing out and taking a step towards securing your financial future. The plethora of financial advice and investment plans can confuse any first-time investor, which is why we recommend that you choose a financial roadmap that is unique to your own needs and goals and make sure that you are consistent and stick to it! Deciding to take the first step is half the job done!