How many stocks are required to reduce unsystematic risk significantly is an important question for investors. While there is a large body of research on the subject in the United States, there is little formal work on this question in India. We show that a 15-20 stock portfolio, the traditional...

We use the Indian stock options market to study the evolution of uncertainty and asymmetric uncertainty around earnings announcements (EAs). We find that uncertainty (implied volatility) and asymmetric uncertainty (options skew) increase monotonically before the EA day and decrease after EA....

Systematic Investment Plans (SIP) play a vital role in accumulating investments over long time horizons in India. We compare returns and volatilities of SIP and Lump Sum Investment (LSI) strategies for selected categories of Indian mutual funds and the S\&P BSE 100 TR Index over different...