{"id":2054271,"date":"2016-10-01T12:46:15","date_gmt":"2016-10-01T07:16:15","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2054271"},"modified":"2016-10-01T12:46:15","modified_gmt":"2016-10-01T07:16:15","slug":"monthly-recap-september-surgery","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2016\/10\/01\/monthly-recap-september-surgery\/","title":{"rendered":"Monthly Recap: September Surgery"},"content":{"rendered":"

\"world-2016-08-31-2016-09-30\"<\/a><\/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-0.77%<\/span><\/td>\n<\/tr>\n
CAC(FRA)<\/a><\/td>\n+0.23%<\/span><\/td>\n<\/tr>\n
UKX(GBR)<\/a><\/td>\n+1.74%<\/span><\/td>\n<\/tr>\n
NKY(JPN)<\/a><\/td>\n-2.59%<\/span><\/td>\n<\/tr>\n
SPX(USA)<\/a><\/td>\n-0.01%<\/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-0.40%<\/span><\/td>\n<\/tr>\n
INMEX(MEX)<\/a><\/td>\n-1.01%<\/span><\/td>\n<\/tr>\n
NGSEINDX(NGA)<\/a><\/td>\n+2.67%<\/span><\/td>\n<\/tr>\n
XU030(TUR)<\/a><\/td>\n+0.51%<\/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+0.78%<\/span><\/td>\n<\/tr>\n
SHCOMP(CHN)<\/a><\/td>\n-2.62%<\/span><\/td>\n<\/tr>\n
NIFTY(IND)<\/a><\/td>\n-1.99%<\/span><\/td>\n<\/tr>\n
INDEXCF(RUS)<\/a><\/td>\n+0.33%<\/span><\/td>\n<\/tr>\n
TOP40(ZAF)<\/a><\/td>\n-1.81%<\/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+6.74%<\/span><\/td>\n<\/tr>\n
Ethanol<\/td>\n+9.76%<\/span><\/td>\n<\/tr>\n
WTI Crude Oil<\/td>\n+7.49%<\/span><\/td>\n<\/tr>\n
Heating Oil<\/td>\n+8.72%<\/span><\/td>\n<\/tr>\n
Natural Gas<\/td>\n+0.73%<\/span><\/td>\n<\/tr>\n
RBOB Gasoline<\/td>\n+5.02%<\/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
Copper<\/td>\n+6.28%<\/span><\/td>\n<\/tr>\n
Gold 100oz<\/td>\n+0.48%<\/span><\/td>\n<\/tr>\n
Silver 5000oz<\/td>\n+3.23%<\/span><\/td>\n<\/tr>\n
Palladium<\/td>\n+7.45%<\/span><\/td>\n<\/tr>\n
Platinum<\/td>\n-1.99%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n
\n

Currencies<\/h3>\n

USDEUR<\/a>:-0.71% <\/span> USDJPY<\/a>:-2.01% <\/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-1.72%<\/span><\/td>\n<\/tr>\n
USDMXN(MEX)<\/a><\/td>\n+2.88%<\/span><\/td>\n<\/tr>\n
USDNGN(NGA)<\/a><\/td>\n+0.24%<\/span><\/td>\n<\/tr>\n
USDTRY(TUR)<\/a><\/td>\n+1.43%<\/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+0.90%<\/span><\/td>\n<\/tr>\n
USDCNY(CHN)<\/a><\/td>\n-0.11%<\/span><\/td>\n<\/tr>\n
USDINR(IND)<\/a><\/td>\n-0.53%<\/span><\/td>\n<\/tr>\n
USDRUB(RUS)<\/a><\/td>\n-3.74%<\/span><\/td>\n<\/tr>\n
USDZAR(ZAF)<\/a><\/td>\n-6.46%<\/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
Cattle<\/td>\n-11.66%<\/span><\/td>\n<\/tr>\n
Coffee (Arabica)<\/td>\n+4.31%<\/span><\/td>\n<\/tr>\n
Corn<\/td>\n+11.53%<\/span><\/td>\n<\/tr>\n
Cotton<\/td>\n+3.42%<\/span><\/td>\n<\/tr>\n
Orange Juice<\/td>\n+12.02%<\/span><\/td>\n<\/tr>\n
Coffee (Robusta)<\/td>\n+11.36%<\/span><\/td>\n<\/tr>\n
Feeder Cattle<\/td>\n-12.32%<\/span><\/td>\n<\/tr>\n
Lean Hogs<\/td>\n-21.49%<\/span><\/td>\n<\/tr>\n
Lumber<\/td>\n+7.60%<\/span><\/td>\n<\/tr>\n
Soybean Meal<\/td>\n-4.46%<\/span><\/td>\n<\/tr>\n
Soybeans<\/td>\n-0.52%<\/span><\/td>\n<\/tr>\n
Sugar #11<\/td>\n+13.72%<\/span><\/td>\n<\/tr>\n
Wheat<\/td>\n+10.82%<\/span><\/td>\n<\/tr>\n
Cocoa<\/td>\n-5.72%<\/span><\/td>\n<\/tr>\n
White Sugar<\/td>\n+12.46%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

International ETFs (USD)<\/h3>\n

\"global-etf-performance-2016-08-31-2016-09-30\"<\/a><\/p>\n

Nifty Heatmap<\/h3>\n

\"nifty-50-2016-08-31-2016-09-30\"<\/a><\/p>\n

Index Returns<\/h3>\n

\"index-performance-2016-08-31-2016-09-30\"<\/a>
\nMore: Sector Dashboard<\/a><\/i><\/small><\/p>\n

Market Cap Decile Performance<\/h3>\n

\"deciles-perf-2016-09-30\"<\/a>
\nMore: Equal-Weight Deciles<\/a>, Cap-Weight Deciles<\/a><\/i><\/small><\/p>\n

ETF Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n
CPSEETF<\/a><\/td>\n+1.36%<\/span><\/td>\n<\/tr>\n
PSUBNKBEES<\/a><\/td>\n+0.79%<\/span><\/td>\n<\/tr>\n
GOLDBEES<\/a><\/td>\n+0.47%<\/span><\/td>\n<\/tr>\n
JUNIORBEES<\/a><\/td>\n-0.35%<\/span><\/td>\n<\/tr>\n
BANKBEES<\/a><\/td>\n-1.96%<\/span><\/td>\n<\/tr>\n
NIFTYBEES<\/a><\/td>\n-1.96%<\/span><\/td>\n<\/tr>\n
INFRABEES<\/a><\/td>\n-5.41%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nPSU Banks… because all is well!\n<\/div>\n<\/div>\n

Yield Curve<\/h3>\n

\"yieldcurve-2016-08-31-2016-09-30\"<\/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-0.17<\/span><\/td>\n+1.01%<\/span><\/td>\n<\/tr>\n
5 10<\/td>\n-0.14<\/span><\/td>\n+1.30%<\/span><\/td>\n<\/tr>\n
10 15<\/td>\n-0.11<\/span><\/td>\n+1.35%<\/span><\/td>\n<\/tr>\n
15 20<\/td>\n-0.09<\/span><\/td>\n+1.44%<\/span><\/td>\n<\/tr>\n
20 30<\/td>\n-0.06<\/span><\/td>\n+1.22%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nBonds FTW!!!\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
Momo (Relative) v1.1<\/a><\/td>\n+6.07%<\/span><\/td>\n<\/tr>\n
Financial Strength Value<\/a><\/td>\n+5.83%<\/span><\/td>\n<\/tr>\n
Momentum<\/a><\/td>\n+4.85%<\/span><\/td>\n<\/tr>\n
Magic Formula<\/a><\/td>\n+3.02%<\/span><\/td>\n<\/tr>\n
Balance Sheet Strength<\/a><\/td>\n+2.56%<\/span><\/td>\n<\/tr>\n
Momo (Velocity) v1.0<\/a><\/td>\n+1.66%<\/span><\/td>\n<\/tr>\n
Enterprise Yield<\/a><\/td>\n+1.18%<\/span><\/td>\n<\/tr>\n
Velocity<\/a><\/td>\n+0.84%<\/span><\/td>\n<\/tr>\n
Acceleration<\/a><\/td>\n+0.33%<\/span><\/td>\n<\/tr>\n
Quality to Price<\/a><\/td>\n-0.17%<\/span><\/td>\n<\/tr>\n
HighIR Momentum<\/a><\/td>\n-1.13%<\/span><\/td>\n<\/tr>\n
Momo (Acceleration) v1.0<\/a><\/td>\n-1.45%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nOur full automated Momentum strategies (Momos) seem to be out performing their artisanal peers!\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
LIC MF MIDCAP FUND – REGULAR PLAN – GROWTH<\/a><\/td>\n+3.72%<\/span><\/td>\n<\/tr>\n
L&T Emerging Businesses Fund – Regular Plan – Growth Option<\/a><\/td>\n+2.99%<\/span><\/td>\n<\/tr>\n
Escorts Infrastructure Fund – Growth Option<\/a><\/td>\n+2.88%<\/span><\/td>\n<\/tr>\n
DHFL Pramerica Midcap Opportunities Fund – Regular Plan – Growth Option<\/a><\/td>\n+2.52%<\/span><\/td>\n<\/tr>\n
Indiabulls Value Discovery Fund – Regular Plan – Growth Option<\/a><\/td>\n+2.42%<\/span><\/td>\n<\/tr>\n
L&T Mid Cap Fund-Regular Plan-Growth<\/a><\/td>\n+2.34%<\/span><\/td>\n<\/tr>\n
Birla Sun Life Manufacturing Equity Fund – Regular Plan – Growth<\/a><\/td>\n+2.27%<\/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
BNP PARIBAS Equity Fund-Growth Option<\/a><\/td>\n-2.52%<\/span><\/td>\n<\/tr>\n
Invesco India Global Equity Income Fund – Regular Plan – Growth<\/a><\/td>\n-2.55%<\/span><\/td>\n<\/tr>\n
SBI INFRASTRUCTURE FUND – SERIES I – REGULAR PLAN – GROWTH (6\/7\/2007)<\/a><\/td>\n-2.94%<\/span><\/td>\n<\/tr>\n
Invesco India Pan European Equity Fund – Regular Plan – Growth Option<\/a><\/td>\n-2.95%<\/span><\/td>\n<\/tr>\n
Sahara Infrastructure Fund —VARIABLE PRICING OPTION-Growth Option<\/a><\/td>\n-3.39%<\/span><\/td>\n<\/tr>\n
Sahara Infrastructure Fund —FIXED PRICING OPTION-Growth Option<\/a><\/td>\n-3.56%<\/span><\/td>\n<\/tr>\n
Birla Sun Life Commodity Equities Fund – Global Agri Plan – Growth – Regular Plan<\/a><\/td>\n-4.17%<\/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
IDFC GSF-Provident Fund-Regular Plan-Growth<\/a><\/td>\n+1.56%<\/span><\/td>\n<\/tr>\n
Birla Sun Life Constant Maturity 10 Year Gilt Fund – Growth – Regular Plan<\/a><\/td>\n+1.54%<\/span><\/td>\n<\/tr>\n
IDFC GSF-Provident Fund-Inst Plan B-Growth<\/a><\/td>\n+1.53%<\/span><\/td>\n<\/tr>\n
Baroda Pioneer Dynamic Bond Fund – Plan A – Growth Option<\/a><\/td>\n+1.53%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Long Term Gilt Fund – Growth<\/a><\/td>\n+1.53%<\/span><\/td>\n<\/tr>\n
BARODA PIONEER INCOME FUND – Plan A – Growth Option<\/a><\/td>\n+1.49%<\/span><\/td>\n<\/tr>\n
IDFC GSF – Investment Plan -Regular Plan-GROWTH<\/a><\/td>\n+1.49%<\/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
IIFL Dynamic Bond Fund – Regular Plan – Growth Option<\/a><\/td>\n+0.78%<\/span><\/td>\n<\/tr>\n
JM Income Fund – Growth Option<\/a><\/td>\n+0.76%<\/span><\/td>\n<\/tr>\n
JM Short Term Fund..– Institutional Plan – Growth<\/a><\/td>\n+0.75%<\/span><\/td>\n<\/tr>\n
Franklin India Banking & PSU Debt Fund – Growth<\/a><\/td>\n+0.74%<\/span><\/td>\n<\/tr>\n
Invesco India Bank Debt Fund – Growth Option<\/a><\/td>\n+0.73%<\/span><\/td>\n<\/tr>\n
JM Short Term Fund..-Growth Plan<\/a><\/td>\n+0.73%<\/span><\/td>\n<\/tr>\n
Taurus Dynamic Income Fund – Growth Option<\/a><\/td>\n+0.73%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Institutional fund flows<\/h3>\n

FII’s continue to binge on Indian equities. When will the tide turn?<\/p>\n

\"fii-investments-2014-01-01-2016-09-30\"<\/a><\/p>\n

\"dii-investments-2014-01-01-2016-09-30\"<\/a><\/p>\n

Book I read this month<\/h3>\n

The Most Important Thing – Uncommon Sense for the Thoughtful Investor by Howard Marks (Amazon<\/a>)<\/p>\n

Flamboyant and charismatic investors often get more press than the introverted ones. Howard Marks is one of those under-appreciated value investors who’s work we would do well to assimilate. I have been a fan of his “memos” for the longest time. The book adds historical context to his memos and provides a peek into his thought process. If you see some of Marks’ videos, he comes across as a droning, bitter, professor who keeps telling you that you are not smart enough to make it as a professional investor. If you can get past that vibe, there is a wealth of information you can tap into.<\/p>\n

My notes on the book are on OneNote<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

Equities Major DAX(DEU) -0.77% CAC(FRA) +0.23% UKX(GBR) +1.74% NKY(JPN) -2.59% SPX(USA) -0.01% MINTs JCI(IDN) -0.40% INMEX(MEX) -1.01% NGSEINDX(NGA) +2.67% XU030(TUR) +0.51% BRICS IBOV(BRA) +0.78% SHCOMP(CHN) -2.62% NIFTY(IND) -1.99% INDEXCF(RUS) +0.33% TOP40(ZAF) -1.81% Commodities Energy Brent Crude Oil +6.74% Ethanol +9.76% WTI Crude Oil +7.49% Heating Oil +8.72% Natural Gas +0.73% RBOB Gasoline +5.02% Metals Copper … <\/p>\n","protected":false},"author":2,"featured_media":2054351,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[1881],"class_list":["post-2054271","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-your-money","tag-monthly","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2054271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=2054271"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2054271\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media\/2054351"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2054271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2054271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2054271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}