Kalpi Blogs

Last Updated: July 2026 Maximum Drawdown measures the biggest fall in the value of an investment or portfolio from its highest point before it starts recovering. It helps investors understand the worst loss they could have faced during a specific stretch of time. Looking at Maximum Drawdown alongside returns gives a fuller picture of both ...

Last Updated: July 2026  Choosing between Sortino ratio vs Sharpe depends on what you actually want to measure. The Sharpe Ratio checks returns against total risk, while the Sortino Ratio looks only at downside risk. The Calmar Ratio compares returns with the biggest fall a portfolio has taken. Rather than hunting for one best metric, ...

Last Updated: July 2026 Backtesting helps investors understand how an investment strategy might have performed using historical market data. But even a good strategy can produce misleading results if the testing itself has flaws. Common backtesting mistakes such as survivor bias, look-ahead bias, overfitting, and curve fitting can make a strategy look far stronger than ...

Last Updated: July 2026  Selling stocks while managing a stock basket can create a tax bill, because capital gains are generally worked out the moment eligible shares are sold. Depending on how long you held those shares, the gain falls under Short-Term Capital Gains (STCG) or Long-Term Capital Gains (LTCG). Knowing how STCG LTCG stock ...

Last Updated: July 2026 There is no single rebalancing schedule that works for every investor. For many long-term investors in India, reviewing a portfolio every quarter, or whenever the asset allocation moves noticeably away from the original plan, is a practical approach. The right frequency depends on your financial goals, risk tolerance, and investing style. ...

Last Updated: July 2026 Why Do Some Stocks Keep Climbing While Others Stay Behind? Have you ever noticed that two shops can sell almost the same product, yet one always has a long queue while the other remains quiet? People naturally become curious. They assume the crowded shop must be doing something better. The stock ...

Last Updated: July 2026 IN SHORTMany investors choose active mutual funds hoping that professional fund managers will deliver better returns than the market. However, SPIVA India reports continue to show that a large number of active funds struggle to beat their benchmark over long periods. This does not make active funds bad investments, but it ...

PORTFOLIO RISK Last Updated: July 2026 IN SHORT Portfolio concentration risk starts when one stock, one sector, or one investment idea begins taking up more space in your portfolio than you originally intended. A portfolio can hold many stocks and still be risky if most of the money depends on a small part of the ...

Last Updated: June 2026 IN SHORTSmart beta funds are a type of index fund that follows a specific rule instead of simply giving the biggest companies the highest weight. Some focus on quality companies, some on momentum, and others on lower volatility. They aim to give investors a different way to invest in the market ...

Last updated: June 2026   ·   7 min read Track sector rotation with a live Relative Rotation Graph (RRG) chart. Spot leading, weakening, lagging & improving sectors instantly using RRG analysis IN SHORTA Relative Rotation Graph (RRG) is a visual tool that shows which sectors are gaining strength and which ones are losing steam ...

Rahul and Priya are not finance people. Neither of them grew up reading the business section. They work normal jobs, earn decent salaries, and somewhere around late 2024 both of them had roughly the same thought keeping money in a savings account at 3.5 percent while inflation sits at 6 is basically losing money slowly. ...

If you’re searching for how to backtest a stock strategy in India, or looking for a free backtesting tool India investors can actually use, this guide walks through it slowly portfolio testing, momentum strategies, and what the numbers actually mean once you stop staring only at the returns column. Most people think they have a ...

Most people pick funds based on their returns. Here’s the part that the number doesn’t tell you. Arjun and Meera both started SIPs in 2023. Same amount ₹10,000 a month. Neither of them had invested before. Arjun went with a small-cap fund. His colleague had been talking about it for weeks. The 3-year CAGR was ...

Most investors in India start with one or two stocks, watch them go up and down, and never really know why. There is no system, no logic just a tip from a friend or something they saw on Twitter at 11pm. That works fine when markets are going up. When they fall, it gets expensive ...

How data, rules and a bit of discipline are quietly changing the way retail investors think about markets. Most Indian investors don’t lose money because they’re bad at maths. They lose money because they’re human. The moment Nifty drops 8% in a week, fear kicks in and the sell button gets pressed at exactly the ...

An honest, practical comparison no jargon, no fluff. Here’s a situation most Indian investors know a little too well. You save up some money, decide you should probably start investing properly, open Google, and type out something like “best way to invest in stocks in India.” Forty-five minutes later, you’ve got fifteen tabs open. Everyone ...

Investing  ·  Momentum  ·  Rule-Based Strategies  ·  Indian Markets The Way Most of Us Think About Investing Most people enter the stock market believing the real money comes from finding something early. That idea is everywhere now. Open YouTube and someone is explaining why a stock could double. Scroll Twitter and there’s always a thread ...

Key Takeaways Stock Market Confusion is Real Picture this. You’ve just set aside Rs 10,000, and you’re ready to invest. You open Twitter for two minutes, and suddenly one person is screaming about PSU banks, another is absolutely convinced Tata Motors is going to 3x, and some faceless account with 80,000 followers is posting charts ...

Rule based investing uses fixed, data driven criteria instead of emotion to pick stocks. Learn how factor investing, momentum strategies and backtesting work. Most Indian investors do not lose money because they are bad at maths. They lose money because they are human. The moment markets fall 8 percent in a week, fear takes over ...