My guest for today is Lakshmi Iyer. Lakshmi is currently President and Chief Investment Officer (Debt) & Head Products for Kotak Mahindra Asset Management Company (KMAMC). She has been with the organisation since the last 20 years.

Joining KMAMC in 1999 as a fund manager, Lakshmi was responsible for credit research, deal execution, managing fund performance across all debt funds and assisting sales in client interaction. In addition to that, she has been a portfolio specialist, and managed product related initiatives such as product pricing and coordination with the funds management and sales team in that role.

Prior to joining Kotak, Lakshmi worked with Credence Analytics Pvt Ltd, as a research analyst where she was tracking corporate bond markets in India and generating research reports. She was also instrumental in conceiving various financial software tools in collaboration with software and technical teams.

Lakshmi holds an MBA degree in finance from Narsee Monjee Institute of Management Studies.

She loves exploring new places for travelling, is a big food lover, and is an ardent movie buff. She has a popular twitter handle @lakshmi1876

Show notes:

0:50 – Introduction about Lakshmi

1:53 – Many firsts and unique aspects about this podcast

2:52 – Lakshmi’s personal and professional journey

5:05 – State of Fixed Income securities in India

7:46 – Comparison of Indian versus US Fixed Income market

8:41 – How to look at Debt Mutual Funds from portfolio asset allocation perspective

11:30 – Financial advisor zaroori hota hai

13:49 – Lakshmi’s views on current global factors - inflation, rates and RBI actions

19:32 – How to position portfolio given global cues

21:05 – Types of risks in Bond markets and how to think about Duration and Credit

24:30 – How Kotak AMC navigated the Franklin Templeton situation

28:12 – Lakshmi’s thoughts on “risk hai to ishq hai”

31:07 – Thoughts on Credit Risk Funds in India

33:22 – Investing in Global debt funds

36:48 – Active versus Passive managed funds

39:44 – How Lakshmi manages her personal finances

42:39 – How Lakshmi chooses her ‘Pic(k) of the day’ on Twitter (Twitter: @Lakshmi1876)

44:10 – Lakshmi’s reading habits and recommendations

47:07 – Raj and Lakshmi’s Bollywood aspirations :D

52:00 – Advice to 20 year old self

Book Recommendations

1. Life over Two Beers and other stories by Sanjeev Sanyal

2. Where the Crawdads Sing by Delia Owens

My guest for today is Alok Jain. Alok Jain is a New Delhi based SEBI registered Investment Advisor and founder of a momentum investing service weekendinvesting.com

Alok is an Engineer from the Indian Institute of Technology Delhi and a MBA finance from the University of Maryland. He returned to India to start his journey in the markets by setting up one of the first National Stock Exchange memberships in New Delhi in 1996.

In the next two decades, Alok developed a keen sense for systematic rule based investing systems and technical trading. He is a keen observer of the psychology and behavioral aspects of the market and wanted to quantify and incorporate them in his investing. Alok had been running several of his products on his own funds since many years and over time he was convinced that others could make use of the same products as well and thus launched his advisory weekendinvesting.com.

Weekendinvesting.com is a Do-it-Yourself (DIY) advisory where Alok provides simple momentum based investing models. The unique part about his strategies is the low time-spent: returns ratio where the user spends up to 15 minutes a week to attend to their portfolios and the returns have so far have been beating the benchmarks by a wide margin.

Alok was recently featured in the news media for his advisory. https://tinyurl.com/ycy9vph8.

He also runs a hyperactive twitter feed at @Weekendinvestng to share his trading thoughts with a large twitter group.

This episode is brought to you by multipie.co where we believe Investing is an ignored life skill and it's time to change it. Multipie is building up a platform where people can form communities and learn, share , collaborate on growing their wealth using the right tools. We want your hard earned money to work for you

Show notes

2:30 Alok’s personal and professional journey

8:02: Story behind weekend investing

9:43: Alok Jain’s investing strategy and his story with smallcase

18:24: Drawdowns and trading strategy during covid-19

23:47: How to identify which style of trading to practice

27:27: Exit principle to follow for stocks

32:51: Human psychology during investing

37:10: An investing stereotype Alok broke

42:02: Alok’s investing idols

44:10: Alok's life apart from trading

48:16: Alok’s views on journaling thoughts

53:53 Advice to 20 year old self

My guest for today is Gautam Baid, author of the international best-seller "The Joys of Compounding" and portfolio manager at an SEC-registered investment advisor based in Salt Lake City, Utah. Previously, he served at the Mumbai, London, and Hong Kong offices of Citigroup and Deutsche Bank as senior analyst in their healthcare investment banking teams. Baid is a CFA charter holder and member of CFA Institute, and in 2018 and 2019, he was profiled in Morningstar's Learn From The Masters series.

This episode is brought to you by multipie.co where we believe Investing is an ignored life skill and it's time to change it. Multipie is building up a platform where people can form communities and learn, share , collaborate on growing their wealth using the right tools. We want your hard earned money to work for you

Show notes

1:55:   Gautam's professional and investment journey

10:19: How Gautam dealed with being rejected from 1300 jobs

13:12: How compounding works in areas apart from investing.

16:42: Human psychology which is overrated and underrated in investing

19:46: Psychological biases while managing money

23:16: Reasons why you should sell a stock

28:43: Investing mistakes Gautam has made

31:20: How Gautam journals his thoughts

35:56: Gautam's favorite books

38:40: Gautam's life and investing idol

43:50: Recommended Social media channels

46:54: Any advice to a 20 year old.

50:03: Gautam after 20 years

Book recommendations:

How to decide by Annie Duke

Getting there by Gilian Zoe Seagill

Seeking Wisdom by Peter Bevelin

All I want to know is where I want to die by Peter Bevelin

Poor Charlies Almanac by Charlie Munger

Twitter accounts to follow

My guest for today is Abhay Pandey. Abhay is a Founding Partner at A91, a venture fund launched in 2018. A91 has invested in companies like Sugar Cosmetics, GoDigit Insurance and Hector Beverages. Prior to founding A91 Partners, Mr. Abhay Pandey was a Managing Director at Sequoia Capital India Advisors Private Limited from 2008-2018.

Prior to Sequoia Capital, Abhay worked as an investment banker with DSP Merrill Lynch and as a management consultant at McKinsey & Co.

Abhay received his PGDM (MBA) from Indian Institute of Management Kolkata (1996) and a B. Tech in Computer Science and Engineering from IIT Bombay (1993).

Abhay is passionate about supporting philanthropy and giving back to society in education. He is a Trustee at Ashoka University, and a Trustee of BECT, a charitable trust for primary and secondary education.

We spoke about

I really enjoyed it!!

This episode is brought to you by multipie.co where we believe Investing is an ignored life skill and it's time to change it. Multipie is building up a platform where people can form communities and learn, share , collaborate on growing their wealth using the right tools. We want your hard earned money to work for you

Show Notes

2:28  Abhay’s journey from small town to world of investing

8:47  How magic happens when a good founder meets a good market

10:05  deconstructing an investors journey

17:07  What do we look for in founder

20:28  Stereotypes in private investing

29:18  Booming industries in the next 10 years

34:00  How many 50 billion dollar companies can we expect in 2030

36:07  Abhay’s philanthropic journey Why this ranks so high when look at your achievement

39:02  His s advice to entrepreneurs and investors

42:34  Some Rapid fires

44:30  Abhay Pandey in the next 10 years

My guest for today is Abhishek Goyal, Co Founder of Tracxn. Abhishek is graduate from IIT Kanpur, worked with Yahoo and Amazon before joining Accel and then starting Tracxn. In various avatars (Accel, Tracxn Labs & personally), he has invested in 100+ startups over last 13 years which included names like Flipkart, Delhivery, Rupeek, Gameskraft, Airmeet, and Lafz. We spoke about

-Indian Startup ecosystem

-Thought process before early investment in Flipkart

-Being in Fortune 40 under 40

-How it feels like running company with own life partner

I really enjoyed it!!

This episode is brought to you by multipie.co where we believe Investing is an ignored life skill and it's time to change it. Multipie is building up a platform where people can form community and learn, share , collaborate on growing their wealth using right tools. We want your hard earned money to work for you

Show Notes

My guest for today is Vaibhav Sanghavi , Co-CEO, Avendus Capital Public Markets Alternate Strategies LLP. Vaibhav Sanghavi has an overall work experience of 18 years with deep domain expertise in hedge funds. As part of his role, he is the lead portfolio manager for all its funds and holds a track record of outperforming markets across cycles. His expertise in generating risk-adjusted returns in equities across strategies has played a key role in Avendus being able to secure its position as the largest onshore hedge fund in India. Vaibhav has made a significant contribution to the development of AIFs (Alternative Investment Funds) in India, being an advisor to and member of various industry bodies. Prior to joining Avendus, Vaibhav worked with Ambit Investment Advisors as a Managing Director where he was responsible for driving their hedge fund business. Before Ambit, he worked for 3 years with DSP Merrill Lynch’s strategic risk group and was responsible for managing their proprietary investments in equities amounting to USD 1 billion. Vaibhav is a Chartered Accountant and has graduated from Narsee Monjee College of Commerce and Economics, Mumbai.

My guest today is Kalpen Parekh (https://twitter.com/KalpenParekh) , President of DSP Investment Managers Pvt. Ltd (https://invest.dspim.com/) DSPIM is one of the leading Mutual Fund house in India. Kalpen  has over two decades of experience in finance and asset management. He is a deep thinker and passionate about behavioural finance and believes that investor behaviour is one of the most crucial aspects to a good investment experience. Mr. Parekh has undertaken various initiatives in the organisations that he has worked with to highlight the importance and learnings of behavioural finance across the value chain.

This episode is brought to you by multipie.co where we believe Investing is an ignored life skill and it's time to change it. Multipie is building up a platform where people can form community and learn, share , collaborate on growing their wealth using right tools. We want your hard earned money to work for you

Show Notes

Join us in going through 20+ year of investment journey of fixed income veteran Sandeep Baid . He has extensive experience in running credit business at Bank of America Merrill Lynch. He then went on to be the founding member of Indostar Capital (www.indostarcapital.com) ,  one of the leading NBFC. 

Books Referrred: Intelligent Investor by Benjamin Graham 

https://www.amazon.com/Benjamin-Graham/e/B000APZXBQ%3Fref=dbs_a_mng_rwt_scns_share

LinkedIn Profile

Guest: Sandeep Baid

https://www.linkedin.com/in/sandeep-baid-3528b228

Host: Rajkumar Singhal

https://www.linkedin.com/in/rajkumar-singhal/