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SIPs Are Like Marilyn Monroe: "If You Can't Handle Them At Their Worst...''

Back in 2012, I interviewed the late Parag Parikh when he was about to launch PPFAS Mutual Fund. Besides his contrarian investing style, the one thing that stood out about him was his refreshingly candid take on things. This was when mutual funds   were witnessing outflows for years and assets under management stood at a little over Rs 5 lakh crore - largely debt-oriented. When I asked him how he planned to garner investments at a time when mutual funds weren't in favour, he said: "By being on the side of the investor". He then pointed to a note he had gotten stamped on the physical prospectus of the AMC's inaugural equity fund that said: "Please do not invest in this fund if you can't remain invested for at least five years". I can't draw a straight line from the note to PPFAS' outperformance over the past decade, and the swelling of its assets. But surely, sobering investors' expectations when the temptation is to oversell helps attract...
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Bravo Explains Why Dhoni Doesn't Promote Himself In Batting Order

Into his 16th season of the Indian Premier League (IPL), MS Dhoni has looked far from finished. The wicket-keeper batter has not just led Chennai Super King (CSK) brilliantly but also produced cameos with the bat that left fans feeling nostalgic. Though Dhoni's cameos have been mesmerising, many fans and experts wonder what would it take for the 'Thala' to promote himself in the batting order for CSK this season. Dwayne Bravo, who has played with Dhoni in the Super Kings team for years, shed light on the matter, explaining why the skipper won't promote himself.

"That is the position he has to bat. Everyone is batting higher than him and he takes that responsibility and ownership upon himself to bat lower down the order because the likes of Jadeja, Rayudu, and Dube, he wants to give these guys as many opportunities as possible. He is happy to just play the finishing role," Bravo had said in a press conference.

Chennai sit top of the IPL 2023 standings with 5 wins in 7 matches. Rajasthan, on the other hand, are placed 3rd in the points table with 4 wins in 7 matches. Bravo is confident of the morale in the CSK dressing room and the team's ability to keep the momentum going.

"The CSK morale is very high, and that has nothing to do with the results. We are a team that is normally very level irrespective of whether we perform well or not.

"But it is always better when we are doing well. So far, we have started the season on a positive note and we just have to keep the momentum and keep winning cricket games. Tomorrow's game against RR is going to be a very hard game," he said.



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