Sep 21, 2024
In this episode, Deepak and Shray dive into the intricacies of
mutual funds, Portfolio Management Services (PMS), and Alternative
Investment Funds (AIF). We analyze the tax benefits of mutual
funds, highlight the liquidity advantages, and compare them with
PMS and AIF in terms of fees, transparency, and investment
flexibility. We also discusses why different products cater to
different investors based on their income levels, asset sizes, and
risk appetites. The conversation covers the psychological and
practical reasons investors might choose one investment vehicle
over another, the role of fund managers, and the impact of
regulations on investment returns.
00:00
Introduction and Overview
00:13 Comparing
Mutual Funds, PMS, and AIFs
00:55 Tax
Efficiency of Mutual Funds
01:28 Challenges
with Mutual Funds
01:41 The
All Weather Equity Portfolio
02:23 Why
Mutual Funds Aren't the Default Choice
02:46 Understanding
Different Investment Products
04:13 Tax
Implications for Different Investors
18:33 The
Complexity of Mutual Fund Selection
24:06 Liquidity
and Size Issues in Mutual Funds
27:18 PMS
vs Mutual Funds: Key Differences
27:29 Large
Investors' Preferences
28:46 Challenges
for US Investors
31:09 Systematic
Transfer Plans in PMS
33:22 The
Importance of Fund Managers
35:31 Process
vs Personality in Investing
46:42 Choosing
Between PMS and AIF
52:21 Conclusion:
Tailoring Investments to Individual Needs