{"id":2035141,"date":"2015-10-01T11:50:00","date_gmt":"2015-10-01T06:20:00","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2035141"},"modified":"2015-10-01T11:50:00","modified_gmt":"2015-10-01T06:20:00","slug":"monthly-recap-good-investing-hurts-2","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2015\/10\/01\/monthly-recap-good-investing-hurts-2\/","title":{"rendered":"Monthly Recap: Good Investing Hurts"},"content":{"rendered":"

\"world.2015-08-31.2015-09-30\"<\/p>\n

Equities<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n
Major<\/th>\n<\/tr>\n<\/thead>\n
DAX(DEU)<\/a><\/td>\n-5.84%<\/span><\/td>\n<\/tr>\n
CAC(FRA)<\/a><\/td>\n-4.25%<\/span><\/td>\n<\/tr>\n
UKX(GBR)<\/a><\/td>\n-2.98%<\/span><\/td>\n<\/tr>\n
NKY(JPN)<\/a><\/td>\n-5.88%<\/span><\/td>\n<\/tr>\n
SPX(USA)<\/a><\/td>\n-2.58%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n
MINTs<\/th>\n<\/tr>\n<\/thead>\n
JCI(IDN)<\/a><\/td>\n-5.43%<\/span><\/td>\n<\/tr>\n
INMEX(MEX)<\/a><\/td>\n-2.18%<\/span><\/td>\n<\/tr>\n
NGSEINDX(NGA)<\/a><\/td>\n+5.16%<\/span><\/td>\n<\/tr>\n
XU030(TUR)<\/a><\/td>\n-1.22%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
BRICS<\/th>\n<\/tr>\n<\/thead>\n
IBOV(BRA)<\/a><\/td>\n-3.23%<\/span><\/td>\n<\/tr>\n
SHCOMP(CHN)<\/a><\/td>\n-4.78%<\/span><\/td>\n<\/tr>\n
NIFTY(IND)<\/a><\/td>\n+0.24%<\/span><\/td>\n<\/tr>\n
INDEXCF(RUS)<\/a><\/td>\n-5.20%<\/span><\/td>\n<\/tr>\n
TOP40(ZAF)<\/a><\/td>\n+1.20%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n
\n
\n
\n

Commodities<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n
Energy<\/th>\n<\/tr>\n<\/thead>\n
Brent Crude Oil<\/td>\n-8.90%<\/span><\/td>\n<\/tr>\n
Ethanol<\/td>\n+4.85%<\/span><\/td>\n<\/tr>\n
Natural Gas<\/td>\n-5.45%<\/span><\/td>\n<\/tr>\n
RBOB Gasoline<\/td>\n-15.74%<\/span><\/td>\n<\/tr>\n
WTI Crude Oil<\/td>\n-5.77%<\/span><\/td>\n<\/tr>\n
Heating Oil<\/td>\n-7.15%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
Metals<\/th>\n<\/tr>\n<\/thead>\n
Gold 100oz<\/td>\n-1.51%<\/span><\/td>\n<\/tr>\n
Platinum<\/td>\n-9.61%<\/span><\/td>\n<\/tr>\n
Copper<\/td>\n+2.15%<\/span><\/td>\n<\/tr>\n
Silver 5000oz<\/td>\n-0.68%<\/span><\/td>\n<\/tr>\n
Palladium<\/td>\n+8.89%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n
\n

Currencies<\/h3>\n

USDEUR<\/a>:+0.68% <\/span> USDJPY<\/a>:-0.80% <\/span><\/p>\n

\n
\n\n\n\n\n\n\n\n\n
MINTs<\/th>\n<\/tr>\n<\/thead>\n
USDIDR(IDN)<\/a><\/td>\n+4.31%<\/span><\/td>\n<\/tr>\n
USDMXN(MEX)<\/a><\/td>\n+1.02%<\/span><\/td>\n<\/tr>\n
USDNGN(NGA)<\/a><\/td>\n+0.17%<\/span><\/td>\n<\/tr>\n
USDTRY(TUR)<\/a><\/td>\n+3.91%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
BRICS<\/th>\n<\/tr>\n<\/thead>\n
USDBRL(BRA)<\/a><\/td>\n+8.66%<\/span><\/td>\n<\/tr>\n
USDCNY(CHN)<\/a><\/td>\n-0.34%<\/span><\/td>\n<\/tr>\n
USDINR(IND)<\/a><\/td>\n-1.38%<\/span><\/td>\n<\/tr>\n
USDRUB(RUS)<\/a><\/td>\n+2.21%<\/span><\/td>\n<\/tr>\n
USDZAR(ZAF)<\/a><\/td>\n+4.24%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Agricultural<\/th>\n<\/tr>\n<\/thead>\n
Coffee (Arabica)<\/td>\n+0.21%<\/span><\/td>\n<\/tr>\n
Wheat<\/td>\n+6.04%<\/span><\/td>\n<\/tr>\n
Coffee (Robusta)<\/td>\n-1.52%<\/span><\/td>\n<\/tr>\n
Orange Juice<\/td>\n-18.53%<\/span><\/td>\n<\/tr>\n
Soybean Meal<\/td>\n-4.62%<\/span><\/td>\n<\/tr>\n
White Sugar<\/td>\n+8.38%<\/span><\/td>\n<\/tr>\n
Cattle<\/td>\n-13.66%<\/span><\/td>\n<\/tr>\n
Lumber<\/td>\n-3.66%<\/span><\/td>\n<\/tr>\n
Soybeans<\/td>\n-0.61%<\/span><\/td>\n<\/tr>\n
Cocoa<\/td>\n+2.59%<\/span><\/td>\n<\/tr>\n
Corn<\/td>\n+5.98%<\/span><\/td>\n<\/tr>\n
Cotton<\/td>\n-7.19%<\/span><\/td>\n<\/tr>\n
Feeder Cattle<\/td>\n-11.86%<\/span><\/td>\n<\/tr>\n
Lean Hogs<\/td>\n+7.97%<\/span><\/td>\n<\/tr>\n
Sugar #11<\/td>\n+20.58%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Credit Indices<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Index<\/th>\nChange<\/th>\n<\/tr>\n<\/thead>\n
Markit CDX EM<\/td>\n-2.28%<\/span><\/td>\n<\/tr>\n
Markit CDX NA HY<\/td>\n-2.05%<\/span><\/td>\n<\/tr>\n
Markit CDX NA IG<\/td>\n+7.87%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Asia ex-Japan IG<\/td>\n+2.50%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Australia<\/td>\n+9.68%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Europe<\/td>\n+13.38%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Europe Crossover<\/td>\n+66.06%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Japan<\/td>\n+5.91%<\/span><\/td>\n<\/tr>\n
Markit iTraxx SovX Western Europe<\/td>\n-2.27%<\/span><\/td>\n<\/tr>\n
Markit LCDX (Loan CDS)<\/td>\n+0.00%<\/span><\/td>\n<\/tr>\n
Markit MCDX (Municipal CDS)<\/td>\n+0.97%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nA painful month for the markets finally came to an end with a relief rally. Chinese rebalancing away from an investment driven economy to a consumption driven one is forcing a new economic world order. And just when things seemed to be improving in Europe, the Volkswagen scandal hit and dragged everybody down. Investors seem to have quit pretty much every risk-asset…\n<\/div>\n<\/div>\n

International ETFs<\/h3>\n

This gives you an idea of how widespread the carnage was. India was one of the few markets that managed to end September in the green.
\n\"global.etf.performance.2015-08-31.2015-09-30\"<\/a><\/p>\n

Gold<\/h3>\n

US rate hike jitters has pushed precious metals down for most of this year. With 2010’s hyper-inflation fears morphing into 2015’s deflation, gold has seen a massive sell-off…
\n\"gold<\/a><\/p>\n

Oil<\/h3>\n

Saudi’s kept the pump running, hoping to drive US shale operators out of business. But slowing global growth and an appreciating US Dollar might have had a bigger impact on oil prices…
\n\"oil<\/a><\/p>\n

US Dollar<\/h3>\n

\"usd<\/a><\/p>\n

Nifty Heatmap<\/h3>\n

\"CNX<\/a><\/p>\n

Index Returns<\/h3>\n

\"index.performance.2015-08-31.2015-09-30\"<\/a><\/p>\n

Market Cap Decile Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Decile<\/th>\nMkt. Cap.<\/th>\nAdv\/Decl<\/th>\n<\/tr>\n<\/thead>\n
1 (micro)<\/td>\n-1.65%<\/span><\/td>\n68\/63<\/td>\n<\/tr>\n
2<\/td>\n-0.57%<\/span><\/td>\n71\/59<\/td>\n<\/tr>\n
3<\/td>\n-1.01%<\/span><\/td>\n61\/69<\/td>\n<\/tr>\n
4<\/td>\n+0.97%<\/span><\/td>\n64\/67<\/td>\n<\/tr>\n
5<\/td>\n+0.84%<\/span><\/td>\n68\/62<\/td>\n<\/tr>\n
6<\/td>\n-2.22%<\/span><\/td>\n60\/71<\/td>\n<\/tr>\n
7<\/td>\n-1.06%<\/span><\/td>\n63\/68<\/td>\n<\/tr>\n
8<\/td>\n+1.48%<\/span><\/td>\n62\/68<\/td>\n<\/tr>\n
9<\/td>\n+0.03%<\/span><\/td>\n67\/64<\/td>\n<\/tr>\n
10 (mega)<\/td>\n-2.04%<\/span><\/td>\n64\/67<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nLarge caps bore the brunt of the selloff…\n<\/div>\n<\/div>\n

Top Winners and Losers<\/h3>\n
\n
\n\n\n\n\n\n\n\n
SRTRANSFIN<\/a><\/td>\n+13.78%<\/span><\/td>\n<\/tr>\n
RPOWER<\/a><\/td>\n+14.67%<\/span><\/td>\n<\/tr>\n
RELCAPITAL<\/a><\/td>\n+19.59%<\/span><\/td>\n<\/tr>\n
MOTHERSUMI<\/a><\/td>\n-24.10%<\/span><\/td>\n<\/tr>\n
BHARATFORG<\/a><\/td>\n-22.29%<\/span><\/td>\n<\/tr>\n
BOSCHLTD<\/a><\/td>\n-16.47%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nAuto stocks got shellacked because nobody knows how deep the Volkswagen scandal runs…\n<\/div>\n<\/div>\n

ETF Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n
BANKBEES<\/a><\/td>\n+0.16%<\/span><\/td>\n<\/tr>\n
NIFTYBEES<\/a><\/td>\n-0.82%<\/span><\/td>\n<\/tr>\n
GOLDBEES<\/a><\/td>\n-1.82%<\/span><\/td>\n<\/tr>\n
JUNIORBEES<\/a><\/td>\n-2.38%<\/span><\/td>\n<\/tr>\n
CPSEETF<\/a><\/td>\n-3.21%<\/span><\/td>\n<\/tr>\n
PSUBNKBEES<\/a><\/td>\n-4.22%<\/span><\/td>\n<\/tr>\n
INFRABEES<\/a><\/td>\n-6.32%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nHopefully, the 50bps rate cut will breathe some life into these…\n<\/div>\n<\/div>\n

Yield Curve<\/h3>\n

\"yieldCurve.2015-08-31.2015-09-30\"<\/a><\/p>\n

Bond Indices<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n
Sub Index<\/th>\nChange in YTM<\/th>\nTotal Return(%)<\/th>\n<\/tr>\n<\/thead>\n
0 5<\/td>\n-0.28<\/span><\/td>\n+1.35%<\/span><\/td>\n<\/tr>\n
5 10<\/td>\n-0.23<\/span><\/td>\n+1.85%<\/span><\/td>\n<\/tr>\n
10 15<\/td>\n-0.15<\/span><\/td>\n+1.77%<\/span><\/td>\n<\/tr>\n
15 20<\/td>\n-0.21<\/span><\/td>\n+2.54%<\/span><\/td>\n<\/tr>\n
20 30<\/td>\n-0.20<\/span><\/td>\n+2.77%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nBonds rallied on the back of rate cuts. Is the bulk of the move done?\n<\/div>\n<\/div>\n

Investment Theme Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
ADAG stocks<\/a><\/td>\n+12.21%<\/span><\/td>\n<\/tr>\n
Momentum<\/a><\/td>\n+3.94%<\/span><\/td>\n<\/tr>\n
High Beta<\/a><\/td>\n+3.69%<\/span><\/td>\n<\/tr>\n
CNX 100 Enterprise Yield<\/a><\/td>\n+1.53%<\/span><\/td>\n<\/tr>\n
Magic Formula<\/a><\/td>\n+1.26%<\/span><\/td>\n<\/tr>\n
Quality to Price<\/a><\/td>\n+0.77%<\/span><\/td>\n<\/tr>\n
Balance Sheet Strength<\/a><\/td>\n-0.63%<\/span><\/td>\n<\/tr>\n
Financial Strength Value<\/a><\/td>\n-0.91%<\/span><\/td>\n<\/tr>\n
PPFAS Long Term Value<\/a><\/td>\n-0.94%<\/span><\/td>\n<\/tr>\n
The RBI Restricted List<\/a><\/td>\n-1.07%<\/span><\/td>\n<\/tr>\n
Tactical CNX 100<\/a><\/td>\n-1.58%<\/span><\/td>\n<\/tr>\n
ASK Life<\/a><\/td>\n-3.01%<\/span><\/td>\n<\/tr>\n
Low Volatility<\/a><\/td>\n-3.71%<\/span><\/td>\n<\/tr>\n
Next Trillion<\/a><\/td>\n-6.57%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nA mixed bag…\n<\/div>\n<\/div>\n

Equity Mutual Funds<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n
Best<\/th>\n<\/tr>\n<\/thead>\n
IDFC Dynamic Bond Fund -Regular Plan-GROWTH<\/a><\/td>\n+2.41%<\/span><\/td>\n<\/tr>\n
Edelweiss Emerging Leaders Fund – Growth<\/a><\/td>\n+2.39%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Very Aggressive – Regular Plan – Growth<\/a><\/td>\n+2.12%<\/span><\/td>\n<\/tr>\n
Birla Sun Life Special Situations Fund – Growth<\/a><\/td>\n+2.03%<\/span><\/td>\n<\/tr>\n
Birla Sun Life India Opportunities Fund – Growth – Regular Plan<\/a><\/td>\n+1.98%<\/span><\/td>\n<\/tr>\n
Reliance Retirement Fund- Income Generation Scheme-Growth Plan – Growth Option<\/a><\/td>\n+1.89%<\/span><\/td>\n<\/tr>\n
Principal Debt Savings Fund – MIP – Growth Option<\/a><\/td>\n+1.87%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n
Worst<\/th>\n<\/tr>\n<\/thead>\n
Birla Sun Life International Equity Fund – Plan A – Growth – Regular Plan<\/a><\/td>\n-6.75%<\/span><\/td>\n<\/tr>\n
Religare Invesco Pan European Equity Fund – Regular Plan – Growth Option<\/a><\/td>\n-7.54%<\/span><\/td>\n<\/tr>\n
DSP BlackRock World Agriculture Fund – Regular Plan – Growth<\/a><\/td>\n-7.76%<\/span><\/td>\n<\/tr>\n
Reliance Japan Equity Fund- Growth Plan- Growth Option<\/a><\/td>\n-7.80%<\/span><\/td>\n<\/tr>\n
Mirae Asset Global Commodity Stocks – Growth Option<\/a><\/td>\n-8.13%<\/span><\/td>\n<\/tr>\n
Birla Sun Life Commodity Equities Fund – Global Agri Plan – Growth – Regular Plan<\/a><\/td>\n-9.58%<\/span><\/td>\n<\/tr>\n
DSP BlackRock World Mining Fund – Regular Plan – Growth<\/a><\/td>\n-10.52%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Bond Mutual Funds<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n
Best<\/th>\n<\/tr>\n<\/thead>\n
ICICI Prudential Long Term Gilt Fund – Regular Plan – Growth<\/a><\/td>\n+2.55%<\/span><\/td>\n<\/tr>\n
SBI INFLATION INDEXED BOND FUND – REGULAR PLAN – GROWTH<\/a><\/td>\n+2.53%<\/span><\/td>\n<\/tr>\n
JM G-Sec Fund – Growth Option<\/a><\/td>\n+2.52%<\/span><\/td>\n<\/tr>\n
SBI MAGNUM GILT FUND – LONG TERM – REGULAR PLAN – GROWTH<\/a><\/td>\n+2.51%<\/span><\/td>\n<\/tr>\n
L&T Gilt Fund-Growth<\/a><\/td>\n+2.51%<\/span><\/td>\n<\/tr>\n
IDFC GSF-Provident Fund-Regular Plan-Growth<\/a><\/td>\n+2.51%<\/span><\/td>\n<\/tr>\n
Reliance Gilt Securities Fund -Growth Plan – Growth Option<\/a><\/td>\n+2.50%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n
Worst<\/th>\n<\/tr>\n<\/thead>\n
DWS Premier Bond Fund – Growth<\/a><\/td>\n+0.77%<\/span><\/td>\n<\/tr>\n
Franklin India Income Builder Account-Growth<\/a><\/td>\n+0.75%<\/span><\/td>\n<\/tr>\n
Reliance Corporate Bond Fund – Growth Option<\/a><\/td>\n+0.75%<\/span><\/td>\n<\/tr>\n
Escorts Income Plan-Growth<\/a><\/td>\n+0.68%<\/span><\/td>\n<\/tr>\n
Kotak Corporate Bond Fund- Standard Plan-Growth Option<\/a><\/td>\n+0.44%<\/span><\/td>\n<\/tr>\n
Kotak Coporate Bond Fund- Retail Plan-Growth Option<\/a><\/td>\n+0.42%<\/span><\/td>\n<\/tr>\n
JPMorgan India Corporate Debt Opportunities Fund – Regular Plan – Growth Option<\/a><\/td>\n-0.38%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Foreign Institutional Investments<\/h3>\n

\"fii-investments.2014-01-01.2015-09-30\"<\/a><\/p>\n

Domestic Institutional Investments<\/h3>\n

\"dii-investments.2014-01-01.2015-09-30\"<\/a><\/p>\n

Thought to sum up the month<\/h3>\n

There are four types of investment returns:<\/p>\n