I am building an AI agent for personal finance at HandaUncle.com Want to help? ravihanda@gmail.com
Joined April 2009
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- Following 5,051
- Followers 56,383
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8,577 Photos and videos
Pinned Tweet
May 5
Naukri le lo...
Naukri le lo...
Saath mein ESOPs ka dhaniya - free free free
DM me or apply via link in next tweet.
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Jun 13
Just landed in London.
But looking at the displays, it doesn't feel like that.
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Ravi Handa retweeted
Jun 13
While most of think of MFDs as Financial advisors, Banks are among largest MF distributors. My Dad’s Bank Manager denied the existence of any commission for the bank!
Jun 10
My dislike for the mutual fund distributors grows every day.
Nearly every individual I know has been fooled by them. It was driven by either fear or greed.
The dishonesty that these folks work with is astounding.
And don’t even get me started on bank relationship managers / insurance salesmen. They prey on the vulnerable.
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Jun 12
*Do active funds beat their benchmarks?*
That question has bothered me ever since I discovered low-cost, well-diversified index funds.
Depending on which report you read, you'll find very different answers. Some say 80% of active funds beat their benchmarks. Others say fewer than 50% do. Rather than relying on someone else's study, I decided to dig into the data myself.
But I wanted to go a step further.
The real question isn't whether a randomly selected active fund can beat the index. Most investors don't pick funds randomly. We look at past performance, fund managers, investment style, consistency, and a host of other factors.
So the question becomes: can we use that information to improve our odds of choosing a fund that will beat the index in the future?
To explore that, I started analyzing the data. This is the first video in what will be a longer series where we'll look at the evidence, test different approaches, and see what actually works.
If you find this useful, please take the time to watch the video, look at the data for yourself, and make an informed decision. And if you enjoy the content, do hit the like button on YouTube. It helps more people discover these discussions
Link in next tweet
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Jun 12
App coming soon.
Will be significantly better. You will be able to connect your portfolio and get contextual advice.
For early access, join my whatsapp group. Link in next tweet.
Started using Handa Uncle.
First impressions:
- Handa Uncle actually thinks before answering 😄
- The UX looks kickass.
Will be spending the weekend using it for portfolio analysis and exploring recommendations.
Will share my feedback on the product soon!
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Jun 12
Join my whatsapp group here:
chat.whatsapp.com/JqrSriRLZQ…
We talk about personal finance, FIRE, and obviously - what we are building at @HandaUncle
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Ravi Handa retweeted
Jun 11
Only yesterday I was debating with someone on x.
His bio is -
"Your dost for Mutual Funds & Insurance 🤝"
The SIP dream has been sold so well that many refuse to question it. They trust the "dost" collecting commissions from them.
Real issue is with our educated class is financially illiterate .
Seen 80% are clueless when it comes to personal finance, more if you are a salaried person.
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Ravi Handa retweeted
Jun 11
A lot of people think wealth creation is about finding the “perfect investment.”
Honestly, most long-term wealth gets built through very boring things done consistently for a very long period of time.
Saving regularly.
Investing patiently.
Avoiding unnecessary debt.
Controlling lifestyle inflation.
Continuing to invest even when markets look scary.
Simple things sound boring.
But boring compounds.
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Ravi Handa retweeted
Jun 11
My Uncle (Expired Last year) have portfolio of MFs with 2 MFDs and most funds are One time NFO, sector funds, IDCW funds mainly and total 106 Folios across 13 AMCs. All funds have Expense ratio above 2. XIRR returns is barely near 9.1
Jun 10
My dislike for the mutual fund distributors grows every day.
Nearly every individual I know has been fooled by them. It was driven by either fear or greed.
The dishonesty that these folks work with is astounding.
And don’t even get me started on bank relationship managers / insurance salesmen. They prey on the vulnerable.
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Ravi Handa retweeted
Jun 11
Agree... Most MFDs are dishonest and cheat new customers. And they are paid too much for their job.
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Jun 11
Shipra writes about personal finance for @livemint
Her husband was sold 25 different funds by the MFD.
If this can happen to the spouse of someone so financially savvy, it can very well happen to you.
Learn about personal finance!
Jun 10
My husband's portfolio has ~25 direct MFs, thanks to his MFD. An Infra fund bought in Dec 2024 peak. And this is no small time player; a big company managing about 1,500 cr AUM.
Yes, there are good ones, but the ones lapping up on commissions far outweigh them.
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Ravi Handa retweeted
Jun 10
Agree 💯% with @ravihanda ! Most of the MFDs are like VULTURES (my apology to vultures for the analogy) who are ready to PREY on the next available potential client! 😡
@Vaidyajii1 @sreekotnur @ActusDei
Jun 10
My dislike for the mutual fund distributors grows every day.
Nearly every individual I know has been fooled by them. It was driven by either fear or greed.
The dishonesty that these folks work with is astounding.
And don’t even get me started on bank relationship managers / insurance salesmen. They prey on the vulnerable.
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Ravi Handa retweeted
Jun 10
Couldn't agree more. It's like a well-oiled con machine operating systematically targeting unsuspecting & gullible investors. Not all.. but most are to be avoided like the plague. Some exceptions exist in every domain.
Jun 10
My dislike for the mutual fund distributors grows every day.
Nearly every individual I know has been fooled by them. It was driven by either fear or greed.
The dishonesty that these folks work with is astounding.
And don’t even get me started on bank relationship managers / insurance salesmen. They prey on the vulnerable.
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Ravi Handa retweeted
Jun 10
My husband's portfolio has ~25 direct MFs, thanks to his MFD. An Infra fund bought in Dec 2024 peak. And this is no small time player; a big company managing about 1,500 cr AUM.
Yes, there are good ones, but the ones lapping up on commissions far outweigh them.
Jun 10
My dislike for the mutual fund distributors grows every day.
Nearly every individual I know has been fooled by them. It was driven by either fear or greed.
The dishonesty that these folks work with is astounding.
And don’t even get me started on bank relationship managers / insurance salesmen. They prey on the vulnerable.
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Ravi Handa retweeted
Jun 10
This is a symptom of financial illiteracy tbh. The parasites thrive because people never made an iota of of effort to understand personal finance, and would rather get fleeced by them than take any fixed free services.
This will eventually go away I believe as the newer generations are much more aware.
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Ravi Handa retweeted
Investing in Mutual Funds is not rocket science — and one doesn't need a distributor.
Direct plans are simple, easy to manage through mobile apps, and deliver higher returns too.
The real key? Diversify properly and stay invested long time, through thick and thin. 📈"
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Ravi Handa retweeted
Jun 10
MF distributors haven't shown competence. They mostly rattle of website numbers (at best). But yet to come across any who has unique and deep insight in what they are saying or why the recommendation.
There is space and need.
MF advisor is needed for most folks.
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Ravi Handa retweeted
Jun 10
The distributor is doing exactly what the system designed him to do. Sell products that pay him most.
Fear and greed are just his tools.
The real dishonesty is upstream — the products were structured this way on purpose.
Distributor is just the last mile.
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Ravi Handa retweeted
Jun 10
People don’t talk enough about the emotional side of money.
Financial stress affects:
• confidence
• relationships
• sleep
• decision making
• mental peace
This is why financial planning matters.
Good money management is not only about increasing wealth.
A lot of it is simply reducing anxiety.
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Jun 10
I am afraid I have to side with @1shankarsharma on this.
Let me begin by saying - I do not like the person or at least the persona he projects on twitter. There are far better people to listen to than him.
Now that being said, what he is saying here is completely valid.
The average guy should not be investing in the stock market. There are professionals who have more knowledge, experience, and skill set to do this properly.
You should give your money to a fund manager (MF / PMS / AIF / SIF) - multiple options exist.
Ideally, just put it in an index fund as most fund managers cannot beat the index after costs.
You, as an individual retail investor, cannot beat a professional. I don't understand how do people even expect to do that.
You don't expect to be better than a professional footballer at football or a doctor at medicine.
I don't understand how or why you expect to beat a professional when it comes to money.
Yes - Shankar has a chequered past but please understand, he was an investor in Tehelka and a lot that happened to him "could be" because of that.
Also, your feelings about an individual should not change your opinion of what he is saying. It should be based on logic.
x.com/CAronitpereira/status/…
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