Sandeep Kulkarni
@moneyworks4u_fa
Followers
23,571
Following
85
Media
5,038
Statuses
27,652
CEO, Aksha Moneyworks4u Pvt Ltd | Chartist | Howard Marks disciple | Fitness enthusiast
Pune, India
Joined November 2014
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
Macklemore
• 356156 Tweets
WIN Premiere Night TH
• 291327 Tweets
#आँखों_देखा_भगवान_को
• 280530 Tweets
GW明け
• 189026 Tweets
#CantBuyMeLoveFinale
• 76058 Tweets
Switch後継機
• 75078 Tweets
BINGLING ENDGAME
• 70253 Tweets
#Victor_เริ่มก่อน
• 55204 Tweets
#AppleEvent
• 53053 Tweets
Tango
• 45492 Tweets
Switch 2
• 44076 Tweets
SB19 GOES INTERNATIONAL
• 44028 Tweets
iPad Pro
• 40340 Tweets
#家庭教師ヒットマンREBORN
• 30840 Tweets
2ND LOREAL LIVE X BOOK
• 25602 Tweets
Hi-Fi Rush
• 24999 Tweets
#สงครามสมรสep14
• 21485 Tweets
生田斗真
• 19622 Tweets
Arkane Austin
• 19111 Tweets
Rebeca García
• 18944 Tweets
Prey
• 16259 Tweets
桃源暗鬼アニメ化
• 15968 Tweets
Redfall
• 14800 Tweets
無痛おねだり
• 14305 Tweets
退職代行
• 13637 Tweets
無痛分娩
• 12128 Tweets
#ヒゲダンラジオライブ
• 10972 Tweets
スマブラ新作
• 10963 Tweets
Apple Pencil Pro
• 10936 Tweets
Pinned Tweet
For those asking my suggestions I don't offer ad hoc advise. I am MFD and for ongoing advise onboard as my client. It not about this fund or that fund, its about how you create a portfolio and what actions you take in your portfolio from time to time.
11
3
91
This is MF portfolio for my dear friend in Gulf who has been investing with me since Jan 2017. He is a FMCG professional with zero knowledge about stock market or MFs. He started with 25k SIP, then hiked it to 50k SIP & now has some 62k SIP. In between he invested in whatever…
174
145
2K
So many Gujaratis are so successful in life not because they are the most hard working or most talented. But because they have an Infinite mindset. They think in terms decades and generations not next month or next year, in their community business failure is not considered…
Gujrati Entrepreneurs and Investors are a breed apart: 145 Out of 169 Indian billionaires are Gujarati.
Kem Chho Billionaire Bhais!!
96
102
837
104
226
1K
I am old enough to remember Shilpa Medicare was suppose to the Laurus lab of Pharma industry. 7 yrs on the returns are zero.
It was one of the 7 stocks in Motilal Oswal 100 bagger stocks.
We know less about stocks that we would care to admit.
70
303
1K
Indiamart is down 40% from April when this good lady covered it as moated midcap stocks for long term.
It is very well intentioned video I don't doubt that & 9mths is not long term, but how are you going beat the fund manager if you keep buying random stocks on random advise?
Indiamart Qrtly trends:
Degrowth in biz enquiries
Tepid growth in pay subscribers/ARPU
Increasing rev concentration
Meaning: core biz struggling 2 grow
Cash/investments: 2500 cr
Annualised core biz PAT~200 cr
Low/no growth pe: 15x
So Fair value ~ 5500 cr
vs
Mcap of 15000 cr
1
6
73
215
116
1K
A typical fund manager is IIT/IIM grad or a CA rank holder + CFA with 10-20 yrs of market experience.
He is supported by a team of equally well qualified analysts who are sector specialist. He is guided by a CIO who is an veteran in the industry. They do this job full time. They…
138
85
922
About 7 yrs ago I quit my steady bank job to become an IFA. God has been kind and I am glad to share with you a milestone I have achieved recently. My MF AUA has crossed 100 Crs for first time. 😇
My sincere gratitude to my clients, people from MF industry and my well-wishers.🙏
80
23
791
CAGR, IRR & XIRR
When to use what? 👇
One of the biggest finfluencers in YT video
"There is no difference between IRR & XIRR, XIRR is name for IRR in microsoft excel"
🤡
28
12
204
20
94
613
ITC does 2x of Dmart sales and 13x Dmart profit.
ITC OPM at 35% vs 7% for Dmart
ITC ROE 21% vs 9% for DMart
ITC 3 yrs FCF 32k Crs
Dmart 3 yrs FCF -1700 Crs
ITC has almost zero competition in core business
Dmart operates in highly competitive low margin business prone to disrupt.
43
58
474
Wealth is created by concentration and preserved by asset allocation.
5
77
461
Past performance of Basant Maheshwari PMS. 👇
It's easy to peddle gyan on twitter and YouTube but it's not easy to manage public money.
Mutual funds have a highly qualified fund managers with atleast 10-15 yrs of experience. He is assisted by a team of sector specialist research…
100
53
450
In 2008 DLF was bigger than entire Pharma sector valuations,
In 2015, Sun Pharma was bigger than entire metals sector. In 2019 HUL was bigger than entire automobile sector valuations.
It took DLF 14 yrs to cross 2008 peaks, Sun Pharma took 7 yrs to cross 2015 peak and HUL is…
20
45
449
How mutual fund investors missed out on 20x returns?
Last year Axis MF did a study on investor returns and fund returns for 20 yrs period. The findings of the study were staggering. Investors made only 13x returns vs 33x returns in the mutual funds they invested.
How did it…
13
74
415
I am bullish everything India...IT, Cement, Metals, Banks, Autos, RE, Consumption, Exports, Capex, Largecap, Smallcap, Value Growth...everything. It's time to forget macro & go mirco.
It's a calculated statement. Not an emotional one.
18
18
395
From low made on 20th June
Nifty is up 14%
Bank Nifty is up 15%
Midcap index is up 19%
Smallcap index is up 21%
Nifty Metal index is up 24%
12
44
384
Anyone who wants to invest in any index fund, PPFAS, Quant fund or top star rated fund we have no problem with your life. Its not that we don't invest client money in index funds or PPFAS or Quant fund.
But we have certain set of beliefs and process about how we build and…
23
20
356
Climax move in Smallcap about to end imho.
Although I have been cautioning for a while today could be the day Smallcaps start to top out.
I don't think this is 2017 but investing fresh money in smallcaps is not a good idea at this time.
Last time I had called out the market top…
My understanding of a melt-up is the same as wave 5 of wave 5 which means its the FOMO driven climax move at the end of an extended bull market.
You don't get melt-up while recovering from a 40% decline in frontline indices & 50-65% decline in Mid & smallcap indices.
Egs.👇
3
5
29
16
34
319
Kotak Bank has been through a 170 weeks of grind.
Its looking really good to my eyes.
25
22
320
HDFC Flexicap portfolio changes after Roshi Jain took over
Exposure reduced
SBI, Coal India, RIL, L&T, ITC
Exposure increased
ICICI Bank, HCL tech, Bharti airtel, M&M, SBI Life, HAL
New stocks added
Prestige estate, Dr Reddys, Crompton Greaves Consumer, Bosch, Bajaj Auto…
10
29
308
100-200 points move possible in Nifty in next 1 hour
20
4
302
New chapter for Moneyworks4u as we move into a bigger office. 🤞
50
10
307
With my limited capablities if I were to build a value stocks portfolio for next 3 yrs today it would be something like this:
Ashoka Buildcon
Dhanuka Agri
Jubilant Foodworks
Godrej properties
Ajanta Pharma
Whirlpool
MFSL
ISec
TV Today
Carysil
EIH
Bharat Rasayan
Ramco cement…
8
31
300
Long term secular stories that have got derated in big way:
Godrej consumer products peak PE 62x, current PE 22x
Marico from 60x to 26x PE
Havells from the peak PE derated from 70x to 38x.
KRBL down 80% from peak of 35x PE to 5x PE
Page ind from 102x to 48x
8
69
291
I genuinely believe the SWP is going to bring as big a revolution in Mutual Fund industry as the SIP bought a few yrs back.
✔️ Regular income
✔️ Liquidity
✔️ Better tax adjusted
Comparing mutual fund SWP with rental property investment. Read on & RT if you find it useful. 👇
13
50
288
This so true. I have surprisingly few clients from USA. I have a lot of clients from Gulf & Europe and a few from Australia too.
Only those people invest in India who want to return to India.
My obersvation is people from USA and Australia are least likely to return to India.…
46
29
267
HDFC Bank valuations are now below 2013 & 2016 level. Another 10%-15%% lower it will be same as that in 2008 & 2020 bottom. I don't think there is fundamentally anything to justify this kind of carnage.
Its NPAs have always been low, its loan book growth is also pretty decent.
29
34
269
HDFC bank formed all tops around current levels in 2021 & 2022. It has formed all bottoms around the current levels in 2023. Past 31 months returns are zero without any meaningful negative news either for the bank or for the sector as a whole.
I am a full-on bull here. I don't…
31
11
264
Traveling abroad - TCS cut karenge
Investing abroad - Put limits
Investing in MFs - we wanted officially validated document for KYC.
But dont ask us anything about electoral bonds and Adani proxies in tax havens. Sara corruption ka paisa log stock market mein invest karte hai ya…
See this case;
There is something called 'allowed OVD' (Officially Valid Document).
- Passport is one of the 'allowed OVD' ✅
- Email and/or Mobile is also validated ✅
Since passport cannot be validated with the issuing authority, you will
(a) either have to submit OVD for…
2
1
20
23
56
258
Shankar Sharma tried to portray MF managers in poor light in Mar 2020 as well as in Oct 2008.
Nilesh Shah told us a story of how he tried to pull down MF managers on a live show in Oct 2008(Sensex about 8k). He was bearish even then and told audience not to listen to MF guys as…
53
29
257
Nifty is poised for a sharp double digit move in next few weeks.
20k or 24k
Let's 👀
37
4
250
This is Nifty's chart from 2004 to 2006. Back then also US interest rates had gone up. Markets had corrected well before Fed had hiked rates for first time in 2004, from then it hiked rates 17 times by 4.25% over next 2 yrs and yet market kept making new highs.
@shivaji_1983
21
41
243
70% of funds don't beat index
We have heard that often but we haven't seen which funds actually don't beat index and which ones do. So I have compiled the past 10 year returns for 181 funds that have been around for 10+ yrs. I have highlighted Index funds with yellow cells.…
24
63
240
You have photographic memory
@suru27
..
Last 4 yrs smallcap index has seen very sharp 4-5% drawdowns around these dates of 20/21st Dec.
10
13
239
In my memory the best time to buy Tata group of stocks was Feb 2016. Every single stock was so cheap right from TCS to Titan, Tata Consumer was not even know, Tata Motors was down in dumps, Trent was just warming up for a 36x move. Tata steel was at its cheapest ever valuations,…
28
20
237
Everyone is talking about Quant but Whiteoak is also making its presence felt across all categories.
They boast a team of 30 odd analyst and doesn't carry the keyman risk like Quant.
23
29
237
If Infy opens at 10% gap down on monday it would be its biggest drawdown since 2008 at 36%.
The time to have sleepless nights was when it was trading at 35-40x PE. After 10% gap down it would trade at 21x PE.
I don't know if we should be bullish on Infy but we surely shouldn't…
40
11
219
If BJP is sure of 400+ seats why are they resorting to desperate measures like using central agencies to keep opposition in check?
I assume BJP knows the pulse of the voters well. Probably contest may not be a cakewalk many of us think. Don't shoot the messenger. I am just…
74
12
220
Maruti
L&T
Bharti Airtel
Sun Pharma
ITC
NTPC
M&M
These are the HRITIKs of this decade. Pharma is the new FMCG, Auto is the new IT..
Dont chase past performance.
11
16
214
Cement companies are now is good buying zone for long term investors. Downside may not be more than 10-15% at max. Valuations extremely attractive.
As far as I remember cement business has always been a cartel for atleast past 20 yrs.
7
8
209
This is not an ad for 23% XIRR. Making 20% from current level looks highly unlikely. Even 15%+ XIRR over next 5 yrs from current level is going to be challenging ask. I want you to look at this message at 3 levels.
1) People say active MFs don't make money. Show them this.
2)…
This is MF portfolio for my dear friend in Gulf who has been investing with me since Jan 2017. He is a FMCG professional with zero knowledge about stock market or MFs. He started with 25k SIP, then hiked it to 50k SIP & now has some 62k SIP. In between he invested in whatever…
174
145
2K
16
8
209
From trading at 100% premium to ICICI bank valuations HDFC bank is now trading at 20% discount to ICICI bank valuations 🤗
Leadership change and perception of the market about the same can make or mar any stock.
7
12
207
One of the biggest finfluencers in YT video
"There is no difference between IRR & XIRR, XIRR is name for IRR in microsoft excel"
🤡
28
12
204
I have been on twitter for pretty long time.
I believe my content has been quite good but I have never bothered about the presentation, not even the tone of the voice.
First time trying to create content in a presentable manner. The video is about my…
58
23
196
Opportunity Cost of Investing in Real Estate
Assumptions:
Property Price 1 Cr
20L down payment
80L home loan
Home Loan rates: 6%, 7% or 8%
Equity MF returns: 10% or 12%
I did scenario analysis if we invested the same money in MFs Lumpsum + SIP what should be the value of…
29
47
195
Real Estate fortunes have seen a big U-turn. From massive unsold inventory overhang in 2019 to now having very low levels of inventory. This suggests real estate upcycle could continue for a few more years.
10
14
200
Big shout out to all the fund managers who sidestepped the Adani bubble.👏👏👏
13
5
190
Tata Motors may be gracing your timeline today.
Sharing popular sentiments on the stock and the company one year back. Its just for fun....no dig at anyone.
17
12
194
@RajanSi65889814
No no it's not about laurus lab nor is it about shilpa ... Its about how difficult it is to foresee or forecast the future. Extrapolating past trends can prove to be costly mistake.
1
3
188
Dmart is overrated, VBL is underrated.
Both listed around same time. So much has been said about Dmart and so little has been said about VBL.
What a chart...sucha smooth upmove for such a long time, not touched 200 DMA in almost 3 yrs.
Up 6x in last 3 yrs and 15x from listing…
7
11
195
If you buy all these Diwali picks you will end up creating your own mutual fund scheme😁
13
22
189
Reliance Ind & Mukesh Ambani were the talk of the town in 2020 when he sold stake in Jio for huge valuations to many marquee global investors.
There were jokes going on how our father should have bought RIL when we were kids, RIL's index weight had gone to as high as 16%. Fund…
23
6
191
I see this craze for early retirement on social media. I have worked in wealth mgmt for past 15 yrs have seen innumerable people retire.
I think it's one of the toughest transition one makes in our lives. From being tremendously busy to having a lot of idle time many...🧵
1/
Buying a house involves not just EMIs but:
🔶Registry [4-7%]
🔶Brokerage [1-2%]
🔶Heavy & recurring repair & maintenance
Moreover, EMIs are ~2-3x of your rent.
Saving EMIs & paying rent can help you in achieving financial independence early on in life
What's your opinion?👇
265
143
2K
13
30
189
This is true. Most of my clients with 5 Cr + portfolios drive normal cars not luxury cars. Biggest client bought Merc when his networth was 30 Cr+
Maybe it's a Pune thing but I have seen UHNIs are at the top of Maslow's hierarchy, not needing validation from anyone.
12
4
188
If this was not HDFC bank, it would have been called as bearish flag. But since HDFC bank can't go down from here let's call it base building.
18
8
183
These were Mr. Jhunjhunwalas words exactly two years back.
Power sector is coming to the fore after a really long time.
We have planned a webinar with a fund manager who manages a thematic Power sector fund.
It will open for all, we will keep you posted about it.
8
23
181
You know why icici bank is never in the race of credit cards?
Because it burnt it's hands badly in 2008. They used to issue credit cards to anyone and everyone.
It took them almost 2 yrs to clean up that mess after 2008.
Do you know who was the retail banking head of icici bank…
14 lakh new credit cards issued in August 2023.
This is highest in last 6 months.
19 lakh new credit cards were issued in March 2023.
The gap between number of credit cards issued by HDFC and SBI is less than 1% now.
HDFC - 20.30%
SBI - 19.48%
Spend gap is greater than…
3
4
69
23
16
183
Every year I have taken some kind of a goal and chased it on a mission mode
2016-17: spent thousands of hours to learn TA
2018: Travel heavily across india
2019 : Started running, shed 15kg, ran HM
2020: survived(terrible year)
2021: built twitter audience
2021/22: Tried my…
19
3
181
Most banks have reported loan book growth of 15%-25% for July-Sept quarter
HDFC Bank : 23.5% (on 11L Cr book!!)
HDFC Ltd : 19%
Axis Bank : 14%
Yes bank : 11%
Indusind bank : 18%
IDFC first bank : 25%
Federal Bank : 19%
CSB : 24%
5
25
175
How many of you know the call Kotak institutional securities gave in Aug 2016? Sanjeev Prasad came on TV and gave blanket sell call on MdSmlcap just like today.
Check for yourself what happened after that..
But you will not find a single article of video about that call…
20
15
180
Long post(triggered by screenshot tweet)
People think 2008 was the worst bear market of last 20 yrs but it wasn't.
Many people aren't aware of the brutal phase from Nov 2010 to Sept 2013 that was the most brutal bear market of last 20 yrs.
In 2008 stocks fell hard and…
13
20
176
Continously losing followers after tweets on bajaj finance, asian paints & banks. I am not here to feed anyone's confirmation bais. I say what I see & I have every right to be wrong.
My personal portfolio is very well diversified in value/growth, largecap/smallcap & India/global.
14
6
176
Blast from the past: Sensex prediction for 2012 made by various experts in Dec '11.
Some excerpts from the article
Mutual fund house Quantum Asset Management Co Director Ajit Dayal said that “those wishing for ‘more certainty’ (in the new year) should…
12
21
171
Results of 6 months of regular excersise
BMI down from 26.5(overweight ) to 24(normal)
Weight down from 85kg to 78kg
Body Fat % down from 32% to 26%. Still a long way to go here.
Resting heart rate has now dropped to 46/47
16
3
174
She seems to be in hurry to make truck loads of money in whichever way possible.
And there YT influencers who are doing the right thing by trying to educate clients and bring out genuinely good content/research.
The second one will outlast the first one by a long mile.
27
15
170
Nitin Kamath trying to take high moral ground with this comments on existing AMCs & active funds.
Just sharing last 10 yrs comparison of 3 fund which are part of many of my client portfolio with their relevant benchmark. Don't believe someone on social media blindly.
24
24
168
My family traveled to Indore recently and couldn't stop praising the City particularly for it's cleanliness.
4
22
163
Back from prettiest place on this. Planet...Kashmir Great Lakes.
19
0
169
IRCTC now trades at 33x PS
Bajaj Finance trades at 12.5x PB
Tata Elxsi trades at 88x PE
Clean science at 82x EV/EBITDA
It seems sky is the limit for valuations of certain stocks. Many of today's investor have come to believe valuations don't matter at all.
12
16
161
Who would have thought India can become current account surplus with $80 oil? Do remember the precarious scenario just 5 yrs back when oil briefly went to ₹85. This is the kind of ache din I want to see.
Salute to the IT/ITeS sector for becoming the pillar of our economy 🫡
Surging services exports have made India a current account surplus country this quarter. Is this likely to continue? What does this mean for currency, monetary policy, and growth?
@latha_venkatesh
analyses
#Exports
#MonetaryPolicy
#Deficit
#Currency
16
97
276
7
19
159
Very few people would have influenced entire generations thought process the way he did.
Sharing some of my favorite Charlie Munger quotes.
#RIPLegend
2
35
154
Nifty's Price to Book value as per NSE just dropped 20% overnight from 4.3x PB to 3.45x PB. PE didn't change at all.😂😂😂
Suddenly from being extremely overvalued Nifty valuation now are looking pretty ok. What a joke this? How to make investing decisions based on this kind of…
26
17
155
In last 3 yrs there has been hype about many megacaps at different points of time..RIL, SBI, ICICI bank, Infy & ITC but you know which megacap has been in a silent bull market and outperformed most them since Mar 2020 lows? Its L&T.
TCS: 76%
Infy: 92%
RIL: 129%
ITC 160%
ICICI…
13
10
156
Intresting data in Kotak MF note on markets.
If nifty was divided into two parts biggest 15 stocks and bottom 35 stocks, the bottom 35 stocks are already at level equivalent to nifty 6400 while top 15 stocks are at nifty equivalent of 10800.
9
37
153
Kids go to Rishikesh
Men go to Kerala
Legends go to Goa
Ultra Legends - "I bought 3 resorts in Rishikesh, Goa & Kerala"
The best kind of market guru, is an honest one.
Vijay Kedia's portfolio made 0% return in the past year. It happens. His portfolio is heavily small and mid cap tilted. A one year horizon means little to him.
When asked about holidays, he said he's bought a few resorts. :)
21
179
1K
5
18
153
We know how our stock market has weathered the FII selling.
But the equally big story is how Rupee has weathered $50bn+ outflows since Oct 2021. Hats off to RBI Governor Das & his team for having the vision of building huge reserves in his tenure.
1
28
146
I am old enough to remember the mad rush for Reliance Power IPO in Jan 2008. One story itched in my mind is about a peon in govt office who took 50k personal loan to apply for this IPO.
14 yrs on the stock is 95% lower
6
8
148
Whether Bank Nifty goes up or not, good chance it may outperform Nifty over next 12-18 months.
6
6
150
Force motors 3x in 3 months 😎
Force motors: Another of those falling knife coming out of a prolonged bear market
@Tradewithsandy
2
2
58
7
2
149
Today everyone knows why HDFC bank is underperforming.
But we wrote this 4 yrs back when HDFC name was ruling the roost on Dalal street. Just having HDFC prefix was enough to command premium valuations.
I think after 4 yrs of under-performance its too late to be bearish on HDFC…
I believe there's an unwritten rule in our market which goes: Never sell HDFC bank stock if you own it.
But to play a devil's advocate I want to build a bearish case for HDFC Bank. It's not a sell recommendation. I am just saying be watchful. 1/n
5
4
45
13
9
145
This will be remembered as the one of the best buying opportunity in history to buy tech stocks. Stocks that were cynosure of peoples eyes are down anywhere between 40% to 80%.
This is not dotcom era. These are businesses who are eating their brick & mortar competitors for lunch.
9
6
142
2017 everyone was in love with NBFCs
2018 everyone was in love with Coffee Can
2019 everyone was in love with Insurance & AMC cos
2020 everyone was in love with Pharma & API
2021 everyone was in love with IT & Chemicals
2022 everyone was in love with Defense & Cap goods
2023?
69
11
140
Cement can be the dark horse for 2023. Huge accumulation in many top counters.
5
8
142
Are Index funds be all & end all of MF investing? Here is a fact check based on data.
I have compared rolling returns Nifty index fund with that 2 largest funds Kotak Flexicap & IPru BAF on Std deviation, Ave returns & probability of double digit returns over 3 yrs & 5 yrs.
1/4
13
31
136
Brazil's stock market has one of the best charts out there. The valuations are one of the cheap in the world. Past 30 month returns are zero despite phenomenal 38% EPS growth in last 2 yrs. I have been reading that the economy is doing great and its exports are soaring. Since…
10
14
139
I am old enough to remember Mayur uniquoter was suppose to be the best auto ancillary co in India. Its sales were supposed to zoom with massive capex (in 2014/15?)/
Seven and a half years later the returns are zero.
1
7
136
Nasdaq 100 index is down 35% but it's PS is down 51% from its peak.
S&P 500 is down 22% but it's PE is down 40%
Nifty index is down 3% but it's PE is down 17%.
Midcap 150 index is down 2% but it's PE is down 27%
Smallcap 150 index is down 10% but it's PE is down 37%.
7
9
138
My team made my day with this lovely cake and surprise celebrations.
Feeling blessed 😇
35
3
136
Next time I meet S Naren I am going to ask him why has he kept this stock in Value Discovery for so many years(13+ yrs to be precise). What does he see in this company that market is not able to see?
12
7
133
Between last Diwali and this earned some leeway to eat some mithai, chakali and namkeen. 😇
12
1
130
Bola toh Bola 😎
Climax move in Smallcap about to end imho.
Although I have been cautioning for a while today could be the day Smallcaps start to top out.
I don't think this is 2017 but investing fresh money in smallcaps is not a good idea at this time.
Last time I had called out the market top…
16
34
319
19
1
128
