{"id":2056461,"date":"2016-12-01T15:44:13","date_gmt":"2016-12-01T10:14:13","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2056461"},"modified":"2016-12-01T15:44:13","modified_gmt":"2016-12-01T10:14:13","slug":"monthly-recap-november-rain-2","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2016\/12\/01\/monthly-recap-november-rain-2\/","title":{"rendered":"Monthly Recap: Demonetized!"},"content":{"rendered":"

\"world-2016-10-28-2016-11-30\"<\/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-1.24%<\/span><\/td>\n<\/tr>\n
CAC(FRA)<\/a><\/td>\n+0.22%<\/span><\/td>\n<\/tr>\n
UKX(GBR)<\/a><\/td>\n-3.20%<\/span><\/td>\n<\/tr>\n
NKY(JPN)<\/a><\/td>\n+6.11%<\/span><\/td>\n<\/tr>\n
SPX(USA)<\/a><\/td>\n+3.56%<\/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-3.98%<\/span><\/td>\n<\/tr>\n
INMEX(MEX)<\/a><\/td>\n-3.71%<\/span><\/td>\n<\/tr>\n
NGSEINDX(NGA)<\/a><\/td>\n-7.52%<\/span><\/td>\n<\/tr>\n
XU030(TUR)<\/a><\/td>\n-6.87%<\/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-3.29%<\/span><\/td>\n<\/tr>\n
SHCOMP(CHN)<\/a><\/td>\n+5.45%<\/span><\/td>\n<\/tr>\n
NIFTY(IND)<\/a><\/td>\n-4.84%<\/span><\/td>\n<\/tr>\n
INDEXCF(RUS)<\/a><\/td>\n+6.85%<\/span><\/td>\n<\/tr>\n
TOP40(ZAF)<\/a><\/td>\n-1.62%<\/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+4.77%<\/span><\/td>\n<\/tr>\n
Ethanol<\/td>\n+0.61%<\/span><\/td>\n<\/tr>\n
Heating Oil<\/td>\n+2.42%<\/span><\/td>\n<\/tr>\n
WTI Crude Oil<\/td>\n+1.81%<\/span><\/td>\n<\/tr>\n
Natural Gas<\/td>\n+7.24%<\/span><\/td>\n<\/tr>\n
RBOB Gasoline<\/td>\n+1.03%<\/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-8.32%<\/span><\/td>\n<\/tr>\n
Palladium<\/td>\n+24.50%<\/span><\/td>\n<\/tr>\n
Platinum<\/td>\n-7.73%<\/span><\/td>\n<\/tr>\n
Silver 5000oz<\/td>\n-7.82%<\/span><\/td>\n<\/tr>\n
Copper<\/td>\n+20.55%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n
\n

Currencies<\/h3>\n

USDEUR<\/a>:+3.46% <\/span> USDJPY<\/a>:+9.06% <\/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+3.91%<\/span><\/td>\n<\/tr>\n
USDMXN(MEX)<\/a><\/td>\n+8.08%<\/span><\/td>\n<\/tr>\n
USDNGN(NGA)<\/a><\/td>\n-1.26%<\/span><\/td>\n<\/tr>\n
USDTRY(TUR)<\/a><\/td>\n+10.80%<\/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+5.92%<\/span><\/td>\n<\/tr>\n
USDCNY(CHN)<\/a><\/td>\n+1.71%<\/span><\/td>\n<\/tr>\n
USDINR(IND)<\/a><\/td>\n+2.33%<\/span><\/td>\n<\/tr>\n
USDRUB(RUS)<\/a><\/td>\n+1.38%<\/span><\/td>\n<\/tr>\n
USDZAR(ZAF)<\/a><\/td>\n+0.91%<\/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
Lean Hogs<\/td>\n+8.46%<\/span><\/td>\n<\/tr>\n
Lumber<\/td>\n+9.68%<\/span><\/td>\n<\/tr>\n
Coffee (Arabica)<\/td>\n-10.77%<\/span><\/td>\n<\/tr>\n
Coffee (Robusta)<\/td>\n-7.49%<\/span><\/td>\n<\/tr>\n
Corn<\/td>\n-4.93%<\/span><\/td>\n<\/tr>\n
Cotton<\/td>\n+2.47%<\/span><\/td>\n<\/tr>\n
Feeder Cattle<\/td>\n+5.36%<\/span><\/td>\n<\/tr>\n
Orange Juice<\/td>\n-0.05%<\/span><\/td>\n<\/tr>\n
Soybean Meal<\/td>\n-0.13%<\/span><\/td>\n<\/tr>\n
Soybeans<\/td>\n+3.47%<\/span><\/td>\n<\/tr>\n
Sugar #11<\/td>\n-10.56%<\/span><\/td>\n<\/tr>\n
Wheat<\/td>\n-7.27%<\/span><\/td>\n<\/tr>\n
Cattle<\/td>\n+6.29%<\/span><\/td>\n<\/tr>\n
Cocoa<\/td>\n-13.63%<\/span><\/td>\n<\/tr>\n
White Sugar<\/td>\n-10.64%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

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

\"global-etf-performance-2016-10-28-2016-11-30\"<\/p>\n

Nifty Heatmap<\/h3>\n

\"nifty-50-2016-10-28-2016-11-30\"<\/p>\n

Index Returns<\/h3>\n

\"index-performance-2016-10-28-2016-11-30\"
\nMore: Sector Dashboard<\/a><\/i><\/small><\/p>\n

Market Cap Decile Performance<\/h3>\n

\"deciles-perf-2016-11-30\"
\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
PSUBNKBEES<\/a><\/td>\n+1.05%<\/span><\/td>\n<\/tr>\n
CPSEETF<\/a><\/td>\n-1.20%<\/span><\/td>\n<\/tr>\n
INFRABEES<\/a><\/td>\n-2.19%<\/span><\/td>\n<\/tr>\n
BANKBEES<\/a><\/td>\n-4.50%<\/span><\/td>\n<\/tr>\n
NIFTYBEES<\/a><\/td>\n-4.83%<\/span><\/td>\n<\/tr>\n
JUNIORBEES<\/a><\/td>\n-6.29%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nSmall and Midcaps took it on the chin…\n<\/div>\n<\/div>\n

Yield Curve<\/h3>\n

\"yieldcurve-2016-10-28-2016-11-30\"<\/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-0.49<\/span><\/td>\n+2.02%<\/span><\/td>\n<\/tr>\n
5 10<\/td>\n-0.55<\/span><\/td>\n+3.55%<\/span><\/td>\n<\/tr>\n
10 15<\/td>\n-0.51<\/span><\/td>\n+4.53%<\/span><\/td>\n<\/tr>\n
15 20<\/td>\n-0.42<\/span><\/td>\n+4.68%<\/span><\/td>\n<\/tr>\n
20 30<\/td>\n-0.43<\/span><\/td>\n+5.57%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nMassive, across the board, shift down in the curve…\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 (Velocity) v1.0<\/a><\/td>\n-0.93%<\/span><\/td>\n<\/tr>\n
Momo (Relative) v1.1<\/a><\/td>\n-1.85%<\/span><\/td>\n<\/tr>\n
HighIR Momentum<\/a><\/td>\n-2.12%<\/span><\/td>\n<\/tr>\n
Momo (Acceleration) v1.0<\/a><\/td>\n-2.46%<\/span><\/td>\n<\/tr>\n
Balance Sheet Strength<\/a><\/td>\n-3.76%<\/span><\/td>\n<\/tr>\n
Magic Formula<\/a><\/td>\n-6.08%<\/span><\/td>\n<\/tr>\n
Enterprise Yield<\/a><\/td>\n-7.75%<\/span><\/td>\n<\/tr>\n
Financial Strength Value<\/a><\/td>\n-8.09%<\/span><\/td>\n<\/tr>\n
Acceleration<\/a><\/td>\n-9.66%<\/span><\/td>\n<\/tr>\n
Quality to Price<\/a><\/td>\n-11.61%<\/span><\/td>\n<\/tr>\n
Momentum<\/a><\/td>\n-14.04%<\/span><\/td>\n<\/tr>\n
Velocity<\/a><\/td>\n-14.10%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nMomentum Themes got shellacked but Momo’s performed better over all…\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
Invesco India Global Equity Income Fund – Regular Plan – Growth<\/a><\/td>\n+4.48%<\/span><\/td>\n<\/tr>\n
Birla Sun Life International Equity Fund – Plan A – Growth – Regular Plan<\/a><\/td>\n+4.09%<\/span><\/td>\n<\/tr>\n
Birla Sun Life Commodity Equities Fund – Global Agri Plan – Growth – Regular Plan<\/a><\/td>\n+3.54%<\/span><\/td>\n<\/tr>\n
Invesco India Pan European Equity Fund – Regular Plan – Growth Option<\/a><\/td>\n+3.20%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Cautious – Growth<\/a><\/td>\n+2.78%<\/span><\/td>\n<\/tr>\n
Birla Sun Life MIP II – Savings 5 Plan – Growth – Regular Plan<\/a><\/td>\n+2.66%<\/span><\/td>\n<\/tr>\n
Reliance Retirement Fund- Income Generation Scheme-Growth Plan – Growth Option<\/a><\/td>\n+2.65%<\/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
Reliance Mid & Small Cap Fund -Growth Plan -Growth Option<\/a><\/td>\n-8.99%<\/span><\/td>\n<\/tr>\n
Birla Sun Life India Reforms Fund-GROWTH<\/a><\/td>\n-9.15%<\/span><\/td>\n<\/tr>\n
Tata India Consumer Fund-Regular Plan-Growth<\/a><\/td>\n-9.20%<\/span><\/td>\n<\/tr>\n
Canara Robeco F.O.R.C.E Fund – Regular Plan – Growth Option<\/a><\/td>\n-9.39%<\/span><\/td>\n<\/tr>\n
HSBC Midcap Equity Fund – Growth<\/a><\/td>\n-9.93%<\/span><\/td>\n<\/tr>\n
Sundaram S.M.I.L.E.Fund-iNST Growth<\/a><\/td>\n-11.12%<\/span><\/td>\n<\/tr>\n
Sundaram S.M.I.L.E.Fund-Growth<\/a><\/td>\n-11.12%<\/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
Invesco India GILT Fund – Growth<\/a><\/td>\n+6.21%<\/span><\/td>\n<\/tr>\n
Franklin India Govt.Sec. Fund-Long Term Plan – Growth<\/a><\/td>\n+6.04%<\/span><\/td>\n<\/tr>\n
Franklin India Govt.Sec. Fund-Composite Plan – Growth<\/a><\/td>\n+5.78%<\/span><\/td>\n<\/tr>\n
Franklin India Govt.Sec. Fund-PF Plan – Growth<\/a><\/td>\n+5.78%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Long Term Gilt Fund – Growth<\/a><\/td>\n+5.78%<\/span><\/td>\n<\/tr>\n
UTI – GILT ADVANTAGE-LONG TERM-GROWTH<\/a><\/td>\n+5.57%<\/span><\/td>\n<\/tr>\n
JM G-Sec Fund – Growth Option<\/a><\/td>\n+5.57%<\/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
Franklin India Banking & PSU Debt Fund – Growth<\/a><\/td>\n+1.99%<\/span><\/td>\n<\/tr>\n
IIFL Dynamic Bond Fund – Regular Plan – Growth Option<\/a><\/td>\n+1.84%<\/span><\/td>\n<\/tr>\n
Sundaram Banking & PSU Debt Fund – Regular Growth<\/a><\/td>\n+1.81%<\/span><\/td>\n<\/tr>\n
Canara Robeco Medium Term Opportunities Fund – Regular Plan – Growth<\/a><\/td>\n+1.78%<\/span><\/td>\n<\/tr>\n
Invesco India Bank Debt Fund – Growth Option<\/a><\/td>\n+1.51%<\/span><\/td>\n<\/tr>\n
Kotak Corporate Bond Fund- Standard Plan-Growth Option<\/a><\/td>\n+1.42%<\/span><\/td>\n<\/tr>\n
Taurus Dynamic Income Fund – Growth Option<\/a><\/td>\n+0.65%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Institutional trends<\/h3>\n

\"dii-investments-2014-01-01-2016-11-30\"<\/p>\n

FIIs trampeded out of both bonds and equities in November. Tump’s win lead to a steep rally in the US dollar and a spike in US bond yields that sucked liquidity out of risk assets.<\/p>\n

\"fii-investments-2014-01-01-2016-11-30\"<\/p>\n

Books I read in November<\/h3>\n


\nThe Clash of the Cultures<\/strong>: Investment vs. Speculation (Amazon<\/a>, Notes<\/a>)<\/p>\n

John Bogle, the father of index funds lays out the case for passive indexing. His main argument is that as most of the assets are held by institutional managers who compete with other institutional managers and are more focused on asset gathering than being fiduciaries, investors should quit active management and buy-and-hold passive investments that just track a broad-based market-cap index at a low cost.<\/p>\n

He makes this argument for the US markets, where institutional ownership of equities is over 70%. It is something that Indian investors should make a note of. As of right now, institutional ownership of equities is low. But as mutual funds, NPS and AIF ownership begin to cross over 50% of the market, it is time to shift from active to passive.<\/p>\n

The Party<\/strong>: The Secret World of China\u2019s Communist Rulers (Amazon<\/a>, Notes<\/a>)<\/p>\n

tl;dr: The Chinese Communist Party owns everything in China.<\/p>\n","protected":false},"excerpt":{"rendered":"

Equities Major DAX(DEU) -1.24% CAC(FRA) +0.22% UKX(GBR) -3.20% NKY(JPN) +6.11% SPX(USA) +3.56% MINTs JCI(IDN) -3.98% INMEX(MEX) -3.71% NGSEINDX(NGA) -7.52% XU030(TUR) -6.87% BRICS IBOV(BRA) -3.29% SHCOMP(CHN) +5.45% NIFTY(IND) -4.84% INDEXCF(RUS) +6.85% TOP40(ZAF) -1.62% Commodities Energy Brent Crude Oil +4.77% Ethanol +0.61% Heating Oil +2.42% WTI Crude Oil +1.81% Natural Gas +7.24% RBOB Gasoline +1.03% Metals Gold … <\/p>\n","protected":false},"author":2,"featured_media":2056511,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[1881],"class_list":["post-2056461","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\/2056461","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=2056461"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2056461\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media\/2056511"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2056461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2056461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2056461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}