FY 2022-23 was a year of ‘accumulation’ (reminded me of 2018-19). Corporate profits grew, Equity markets didn’t and hence valuations became reasonable. This meant, we could buy more for the same investment. Sometimes Investing can be that simple!!!

This is the kind of year, we at BuckSpeak, love. Our work-family also grew. Vivek Rathi joined our Client Success Team (CST), taking our team strength to 6. Client Success is traditionally referred to as Operations. However, we strongly believe that the traditional term does not do enough justice and hence we like the term that we use 😊.

The year had some interesting tales to tell. Let us dive into some of them :

3.8x ( Long Term Pays off)

was the growth in assets that have stayed for more than 10 years with us. 2.27 cr invested for more than 10 years has grown to 8.57 cr. The absolute is small since we only started in 2010. These are the funds wherein we have made absolutely no change (includes equity + debt).

Interestingly for assets that have spent more than 7 years with us, the growth is 2.8x. 7.65 cr has grown to 21.4 cr.

Please bear in mind, this is not to be taken as return in 7 years. The average holding period is higher than 7 years.

MF Industry: 4.9%

BuckSpeak: 20.7 % (when the markets get dull, we get ‘interested’)

The data above is the growth in overall assets for the MF industry and for BuckSpeak. Importantly the equity assets grew by 25.3 % for us. In simple terms, we invested more of our investors’ money into equity (buying more units at better valuation)

In 2021-22, when the valuations were higher, we didn’t scale up our equity assets as much as the industry. In fact, our non-equity (debt, gold, etc.) grew by 33 % that year compared to 10 % for the industry.

92.5 % (Discipline matters)

of our clients maintained or scaled up their SIP this FY. Only 7.5% reduced their monthly contribution, almost entirely due to temporary cash flow issues.

Zero

Was the no of new funds (called NFOs in industry parlance) we recommended. In the world of equity funds, we have no love, if you don’t have a track record 😊(unless it’s a virgin space, which it rarely is)

MF industry : 1%

BuckSpeak: 200%
That’s the respective growth in assets for Indian funds investing globally. Our exposure went from 1.5 cr to 4.5 Cr, while the industry’s contribution remained flat (previous year they had grown by 100%). We have kept on adding money into the global funds while they are in the middle of correction.

Like we mentioned in the beginning, every year has a different character. This one, we liked a little bit more. It was a year, which had a sense of balance and proportion. Something, we all could use a little bit in our own lives 😊.

Disclaimer: Any calculation shown in this post is only for illustrative purposes  and based on prevailing tax laws and the past performance of a fund or investment is not an indicator of it’s future performance. The data used in this presentation has been taken from several sources. Neither BuckSpeak nor any of its employees or Subir Jha vouches for the authenticity of the data. Investing in mutual fund comes with market risk. Please read all Scheme Information Documents (SID) /Key Information Memorandum (KIM) and addendums issued thereto from time to time information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund. Investment should be done in consultant with a financial planner/consultant, who would recommend products aligned to your needs and risk profile. There are no guaranteed returns.  Neither BUCKSPEAK NOR ITS EMPLOYEES, makes any warranties or representations, express or implied, on products offered and would be responsible for any losses from these investments. The company earns commission from Asset Management Companies when the user buys mutual funds. However, the recommendations on funds is not influenced by the commission earned