Mutual Funds Performance

The diagram shows two sub plots. The left subplot shows the 5 large cap funds by their names ans assets (AUM) in rupees crores.

One way to judge a fund is by its AUM. The AUM has grown because investors have invested money it. The large AUM may overcome the sudden withdrawals by investors. 

But this is not the only way to evaluate performance of a fund. 

So on the right hand side I have plotted another chart indicating the performance (returns) of the fund over last 10 years for the regular scheme. All funds have given a return in excess of 10 per cent. 

10 years may be a good indicator to judge the performance. 

However both the parameters together may not be sufficient to evaluate performance of funds. There are other factors as well that are not considered in this post.

The data has been analyzed and plotted using Python3 and pandas. 

This time I imported .xls file in to pandas for analysis. 

The source of the data is https://www.amfiindia.com

Disclaimer: This post is not a suggestion or advice to invest in any particular mutual fund. Please contact your investor advisor for it. 

Sankey Diagram

Sankey diagrams are a type of flow diagram in which the width of the arrows or bands is proportional to the flow rate. 

Above is the diagram of three mutual fund houses, their types of mutual funds and where they invest namely large caps, mid caps, small caps equities debt. 

As against a table or numbers the Sankey diagrams help understand the data. 

The Sankey diagram is my first plot made using plotly and Jupyter notebook. 

#Sankey diagrams emphasize the major transfers or flows within a system. 

6 largest charitable foundations worldwide

List of wealthiest charitable foundations (From Wikipedia)

This is a list of wealthiest charitable foundations worldwide. It consists of the 6 largest charitable foundations, private foundations engaged in philanthropy, and other charitable organizations that have disclosed their assets. In many countries such disclosure is not legally required, and often not done.

Only nonprofit foundations are included in this list. Organisations that are part of a larger company are excluded, such as holding companies.

The entries are ordered by the size of the organisation's financial endowment (that is, the value of assets net of liabilities, or invested donations). The endowment value is an estimate measured in United States dollars, based on the exchange rates on December 31, 2016.

Due to fluctuations in holdings, currency exchange and asset values, this list only represents the valuation of each foundation on a single day.

6 largest and wealthiest charitable foundations worldwide

A Trillion and Indian Mutual Fund Industry

A Trillion and Indian Mutual Fund Industry 

Lately the word trillion has come in conversations in India. 

Indians are used to writing numbers in lakhs and crores. A lakh is a hundred thousand. A crore is hundred hundred thousand. In the west the numbers are written in sets of three zeros such as a thousand or a million. A trillion has 12 zeros. 

A trillion rupees in Indian way of counting is Rs 1 Lakh Crore. 

How big is this amount?

Let us put it in perspective by looking at Indian mutual find industry. 

Each of the top 9 mutual fund houses, has assets under management (AUM) in excess of 1 trillion indian rupees. 

Incidentally the top 10 mutual fund houses account for 80% of the AUM of the entire mutual fund industry. 

The total AUM of all the mutual fund houses is 25 trillion Indian rupees in September 2019. 

If I compare this number with Indian GDP, which was USD 2.6 trillion in 2017, it is less than 15%. 

Worldwide the average ratio of AUM with GDP is 13.62%. The ratio of AUM with GDP for USA is 100% plus. 

The future

Indian AUM of mutual funds is expected to grow to 100 trillion rupees by 2025. It is indeed a great news! 

The future for the Indian mutual fund Industry is definitely bright.