Financial Year End 2026
As usual, apologies in being irregular in sharing our newsletter. Writing is something I want to do and obviously struggle at. Internally, I have linked it with sending month end portfolio statement. That has meant that I have given lot of grief to my colleagues at Client Success ( folks who take care of ops, compliance and execution at BuckSpeak). I have been delayed ( if I can be benevolent to myself) at writing these pieces, which has meant your month end portfolios haven’t been as regular. Once again, my apologies.
While we use Calendar Year ends to reflect at the year gone by through the prism of our organizational updates and my personal journey, FY year end blogs are used to share our business no’s with you- our clients. You can read the previous FY year end pieces here:
Some of us might be worried about the volatility in the markets the world in general and that’s understandable. However, if it’s giving you too much stress, then it’s a good indicator of relooking at our risk profile and consequently our asset allocation ( equity : debt : gold).
One simple advise during such periods (and highly effective) is to go ‘stone-age’ on them J. Don’t check your portfolio. Personally, I don’t have any investing app on my portfolio. But I do look at my portfolio during bad times. It motivates me to save more. Disclaimer: This won’t work for most of us.
Enough of my Gyan. Let’s look at how the year was for BuckSpeak
20 years of existence: We have been in existence for a while – 17 years now. Added to my stint before that at a private bank’s wealth management division, this June 2026, I would have completed 2 decades in this profession. Apart from helping families manage their money, I have done only one another full time gig: selling diamonds in the US market (sitting out of a SEZ in Bombay) – for 6 months. To put it mildly, I wasn’t very good at it.
7.4 x: That’s how much the investment that has spent 15 years with us, has grown to.
Let’s quickly look at how portfolios that have spent some time with us have fared (as on mid-May 2026) :
| Age of Assets ( >/more than) | Cost | Current Value | Multiplier |
| 10 years | 5.85 | 25.94 | 4.4x |
| 15 years | 0.86 | 6.4 | 7.4x |
This is at a folio level and not a family-level. Meaning if we have booked profit from a folio, it wouldn’t reflect here. We would work on those numbers as well and share in our future updates (since that would be a bigger number)
0 : we continue to stay away from new funds and have no participation there
Redeemed more(gold funds) than we bought: We continue to stay contrarian. In first time over a decade, we sold more gold fund than we bought. While we started adding gold in our portfolios meaningfully only post covid, statistically FY 25-26 was the first time in a decade we redeemed more than we bought
75 % of our investor’s continued or increased their monthly SIPs : This is one number we would love to do better
And finally 15.8 % vs 12.0 % : That’s BuckSpeak’s overall AUM growth this year compared to 12 % for the entire industry. For the industry, gold and silver funds were a significant chunk of this growth, as usual, at higher levels. At BuckSpeak, we avoided both in FY 25-26.
We are fairly excited about this financial year, with equity valuations getting close to fair for large caps, providing us excellent opportunity to participate.
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 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. Buckspeak is an AMFI Regn MFD, with ARN 244487.
