Value Research Online

When incentives work against investors

Sat, 18 Apr 2026 10:00:00 +0530

Why financial problems persist isn’t a mystery. Follow the incentives behind F&O losses, insurance mis-selling, and advice to see what really drives them..

6 large-cap fund winners: From ₹10K SIPs to ₹25L+ in 10 yrs

Fri, 17 Apr 2026 10:00:00 +0530

Most active large-cap funds trail the benchmark. Six didn't: a Rs 10,000 SIP crossed Rs 25 lakh in 10 years. See the ranked list and what separates the best.

FIIs are fleeing India. But that's not the whole story

Tue, 05 May 2026 12:12:57 +0530

FIIs sold Rs 1.92 lakh crore of Indian equities in 2026. Understand where money is moving, why IT, BFSI and FMCG are hit, and what it means for your mutual funds.

These 5 equity funds got upgraded to 4 stars this month

Thu, 07 May 2026 11:13:32 +0530

Value Research upgraded five equity mutual funds from three to four stars this month based on risk-adjusted performance. We explore the month’s winners.

Mutual fund rules just changed: 3 things that really matter

Tue, 05 May 2026 13:14:28 +0530

SEBI’s new mutual fund rules replace TER with BER, but the real impact lies in portfolio overlap, stricter categories and performance-linked fees. Here’s what investors must track.

Why is this veteran large & midcap fund losing ground?

Tue, 14 Apr 2026 16:58:29 +0530

Four years of underperformance isn't bad luck, it's structure. Here's what drove Aditya Birla Sun Life Large & Mid Cap Fund’s persistent gap and what to watch next.

'We don't throw good money after bad valuations'

Wed, 29 Apr 2026 18:10:06 +0530

Nippon India Mutual Fund’s Sailesh Raj Bhan explains how respecting valuations, choosing the right risks and staying disciplined can drive long-term returns in equity investing.

Indian IT's new currency: Cash, not just dividends

Thu, 16 Apr 2026 10:00:00 +0530

Chasing yield in Indian IT stocks may be the wrong instinct. Here is why payout ratios hide more than they reveal, and what you should look at instead.

This hair oil brand had a great FY26. Turnaround or fluke?

Thu, 07 May 2026 16:59:33 +0530

Bajaj Consumer Care posted its strongest FY26 performance with revenue crossing Rs 1,000 crore and margins surging. But can dit sustain growth, or was FY26 a one-off recovery year?

The straight-line trap

Thu, 07 May 2026 17:00:00 +0530

People are often quick to dissect complex market systems in the pursuit of patterns and loopholes. Here’s why long-term investing doesn’t need that so much.

Nothing ever happens

Sat, 25 Apr 2026 10:00:00 +0530

A bot that bets 'No' on everything outperforms 84 per cent of Polymarket traders. The same logic explains why SIPs beat active traders and why doing nothing wins.

The stolen crystal ball

Sat, 02 May 2026 10:00:00 +0530

Viral posts call SBF a visionary for backing Anthropic and Cursor. But the real lesson isn't about picking winners – it's about holding capital that is yours.

Has gold lost its 'safe-haven' tag?

Wed, 15 Apr 2026 20:46:08 +0530

Gold, considered a safe haven, dropped twice as hard as Nifty in the wake of the US-Iran War. Is it no longer a safe haven? Here's what 20 years of data actually show.

Switching to direct funds: Pay once, gain for years

Fri, 01 May 2026 20:29:12 +0530

Switching from regular to direct mutual funds triggers LTCG tax, but delaying it can cost more. Here’s why paying once now could boost long-term returns.

The Omaha show is over

Sat, 09 May 2026 10:00:00 +0530

With Warren Buffett off the Berkshire stage, an era ends. Here’s my reflection on missed chances, investing lessons, and how the magic of Omaha is fading away.

3 small-cap funds that grew ₹10K SIPs into ₹35L+ in 10 yrs

Sun, 10 May 2026 08:00:00 +0530

Three small-cap mutual funds — Quant, Nippon India and Axis — turned a ₹10,000 monthly SIP into over ₹35 lakh in a decade. See their 10-year returns, AUM and top holdings.

This mid-cap fell 60% from peak. Yet, it's business as usual

Mon, 13 Apr 2026 19:54:20 +0530

KPIT peaked at over 80 times earnings. It now trades at 25 times. Revenue hit record highs. Margins held. We look at what actually went wrong, and what has to change for a re-rating.

India's ethanol sector grew. The profits didn't follow

Mon, 13 Apr 2026 10:00:00 +0530

Ethanol prices on two key routes have been unchanged since 2022. Costs kept climbing. Here's why distillery margins fell as volumes grew — and what signal to watch.

More funds from the same AMC won't diversify your portfolio

Sun, 12 Apr 2026 10:00:00 +0530

When two funds share over 50 per cent of holdings, adding a third from the same AMC doesn't spread risk; it compounds it. Here’s why it happens and why it matters.

When the system itself is the risk

Sat, 11 Apr 2026 10:00:00 +0530

Rising margin trading leverage exposes a hidden systemic risk where herd behaviour, not individuals, drives market crashes and forced selling cycles today.