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Kalpi Blogs

Latest insights on rule-based investing, portfolio backtesting, and quantitative strategies.

Best Stock Screeners in India 2026 An Honest Comparison
investing

Best Stock Screeners in India 2026 An Honest Comparison

by sandhyarajora·Aug 18, 2026

Most of us have searched for the best stock screener in India at some point and ended up with eight tabs  open, not sure which one to actually use. Someone on Twitter swears by Screener.in, your colleague uses  Trendlyne, and then there’s TradingView which looks powerful but also a bit much if you’re not a ...

Building a Sector Rotation Basket on Kalpi: Step-by-Step
finance+1

Building a Sector Rotation Basket on Kalpi: Step-by-Step

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 A sector rotation strategy India is an approach where investors gradually shift their focus towards sectors showing improving business and market strength instead of spreading money equally across every industry. Rather than assuming the same sectors will always perform well, investors build a sector rotation basket by tracking changing market conditions, ...

Static vs Dynamic Stock Basket: Why Rule-Based Outperforms in the Long Run
stocks

Static vs Dynamic Stock Basket: Why Rule-Based Outperforms in the Long Run

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 A dynamic stock basket follows predefined rules to update its holdings as market conditions change, while a static basket usually stays the same after it is built. Over time, a rule-based portfolio can adapt to shifting business performance and market trends, helping investors avoid holding companies that no longer deserve a ...

P/E Ratio Explained: How to Use It Without Getting Fooled
finance

P/E Ratio Explained: How to Use It Without Getting Fooled

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 The P/E ratio, short for Price-to-Earnings ratio, is one of the first numbers investors run into while sizing up a stock. It compares a company’s share price with its earnings per share (EPS) to show how much investors are paying for every rupee of profit. Use it well and it can ...

High ROE Low Debt Stocks in India: What Investors Should Know (2026)
stocks

High ROE Low Debt Stocks in India: What Investors Should Know (2026)

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 Introduction Picture two friends starting similar businesses with the same amount of capital. Both end up earning ₹20 lakh in annual profit. On paper, they look equally successful. The difference shows up in how each business got there. The first business ran mostly on borrowed money, so a chunk of its ...

Survivorship Bias in Stock Investing: How It Misleads Investors (with Indian Examples)
stock-market+1

Survivorship Bias in Stock Investing: How It Misleads Investors (with Indian Examples)

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 Survivorship bias in investing is the mistake of focusing only on successful companies, funds or strategies while ignoring the ones that failed. It quietly builds an unrealistic picture of returns and makes investors underestimate the risk they are actually taking. Have you heard someone say, “If you had invested in Infosys, ...

Multifactor Investing India: Combining Value, Momentum, and Quality in One Basket
finance

Multifactor Investing India: Combining Value, Momentum, and Quality in One Basket

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 Buying a new pair of headphones isn’t just about the price. Most people compare sound quality, battery life, comfort, durability and customer reviews before making a decision. One model may offer excellent sound but poor battery backup. Another may have a long-lasting battery but average audio quality. The pair that gets ...

Stock Basket vs ETF vs Mutual Fund: Choosing the Right Investment Vehicle
investing

Stock Basket vs ETF vs Mutual Fund: Choosing the Right Investment Vehicle

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 Introduction You have ₹50,000 saved and want to start investing. The first challenge isn’t finding an investment option, it’s deciding which one actually fits your needs. Should you directly buy a group of selected stocks through a stock basket? Should you invest in an ETF that tracks an index? Or should ...

Behavioural Biases That Destroy Investment Returns (And How Rule-Based Investing Fixes Them)
investing+1

Behavioural Biases That Destroy Investment Returns (And How Rule-Based Investing Fixes Them)

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 Behavioural biases in investing are common thinking errors that influence the way people buy, sell and hold investments. These biases often lead investors to make emotional decisions instead of rational ones. Understanding them, and following a rule-based approach, can help investors stay consistent and avoid costly mistakes over the long run. ...

Relative Rotation Graph Explained: A Beginner’s Guide to Reading RRG Charts
finance

Relative Rotation Graph Explained: A Beginner’s Guide to Reading RRG Charts

by sandhyarajora·Aug 18, 2026

last updated :July 2026 A Relative Rotation Graph, or RRG, is a chart that shows how a stock or sector is performing compared to a benchmark like the Nifty 50. It tells you if that sector is gaining strength, losing steam, or quietly turning around, all in one glance, instead of you checking dozens of ...

Index Fund vs Rule-Based Stock Basket: 5-Year Backtest
investing

Index Fund vs Rule-Based Stock Basket: 5-Year Backtest

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 Imagine your laptop suddenly stops working a day before an important deadline. You don’t judge it based on how it performed yesterday. You think about how reliable it’s been over the past few years. If it has rarely let you down, you’re far more likely to trust it again. Investing works ...

Low Volatility Stocks in India: Defensive Investing Guide
stock-market

Low Volatility Stocks in India: Defensive Investing Guide

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 Imagine two shops on the same street. One sees customers only during festive seasons, while the other sells everyday essentials and stays busy throughout the year. Both are successful businesses, but one experiences far fewer ups and downs than the other. The stock market works in a similar way. Some companies ...

Free Portfolio Health Check: 5 Hidden Risks in “Diversified” Indian Portfolios
investing

Free Portfolio Health Check: 5 Hidden Risks in “Diversified” Indian Portfolios

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 Picture a housing society’s fire safety cupboard. Someone has stocked it generously: extinguishers, torches, first-aid kits. Open it properly, though, and you find six torches, three expired extinguishers, and no bandages at all. From a distance, the cupboard looks well-equipped. Up close, it’s lopsided. Plenty of Indian equity portfolios have the ...

Pre-built Basket Templates on Kalpi: Which One Should You Pick?
finance+1

Pre-built Basket Templates on Kalpi: Which One Should You Pick?

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 Open Spotify before heading to the gym. Most people don’t spend time adding songs one by one. They simply choose a playlist that matches the mood and press play. Building a portfolio isn’t much different. You can research individual companies, study their financials and build a portfolio from scratch. That also ...

AI Stock Picking vs Rule-Based Investing: Which Works Better in Indian Markets?
investing

AI Stock Picking vs Rule-Based Investing: Which Works Better in Indian Markets?

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 AI stock picking in India is catching on fast as investors look for smarter ways to spot good opportunities. AI can chew through huge amounts of market data in no time, while rule-based investing sticks to a fixed set of rules instead of trying to predict what happens next. Both have ...

Beta in Stock Investing: What It Means and How to Use It Properly
investing

Beta in Stock Investing: What It Means and How to Use It Properly

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 Imagine you’re travelling to work during the monsoon. Two people leave home at the same time. One rides a motorcycle, while the other takes the metro. When the rain suddenly gets heavier, the motorcyclist slows down immediately, but the metro continues almost as usual. Both are travelling towards the same destination, ...

Why “Buy and Hold Forever” Doesn’t Always Work in Indian Markets
stock-market

Why “Buy and Hold Forever” Doesn’t Always Work in Indian Markets

by sandhyarajora·Aug 18, 2026

LAST UPDATED:JULY2026 Many investors believe buying a good stock and holding it forever is the safest way to build wealth. This approach has worked well in plenty of cases, but it does not suit every company or every market cycle. Successful long-term investing in India is not about ignoring your portfolio. It is about reviewing ...

Value Investing in India: Modern Rules That Still Work in 2026
investing

Value Investing in India: Modern Rules That Still Work in 2026

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 Visit any local market near closing time and you’ll notice an interesting pattern. A few shopkeepers start lowering prices to clear their remaining stock. Some products are genuine bargains. Others are discounted because demand has dried up or newer models have already replaced them. From a distance, both simply look cheaper. ...

Tax-Aware Basket Building: How to Keep More of Your Returns Instead of Losing Them to Tax
investing+1

Tax-Aware Basket Building: How to Keep More of Your Returns Instead of Losing Them to Tax

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 Tax-saving stock investing is not just about earning higher returns. It is also about keeping more of the returns you already earn. By understanding concepts like LTCG optimization, tax loss harvesting India and smart rebalancing tax, investors can legally reduce unnecessary tax outflows and improve long-term wealth creation. When people think ...

Best Time to Rebalance Your Portfolio in India (2026): A Practical,Data-Backed Guide
investment

Best Time to Rebalance Your Portfolio in India (2026): A Practical,Data-Backed Guide

by sandhyarajora·Aug 18, 2026

Last Updated: July 2026 Most of us have a phone or laptop charger that just stays plugged in all day. It feels convenient, the battery never runs low, and there is nothing to think about. But battery manufacturers will tell you that keeping a device on charge all the time is not actually the healthiest ...

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