Hi,

Have two questions in context of Motilal Oswal S & P index fund investment.

> I put X money in Motilal Oswal liquid fund to start STP into S&P fund. When I did this, I was not aware that STP is not allowed via liquid fund into the S&P fund. I came to know about the addendum after a few days when I wanted to start the STP. Should I do a daily SWP (I don’t know if this is possible) from the liquid fund into my personal account and from there start daily SIP into the S&P fund. The liquid fund will generate more return than  savings bank interest. Or, should I just withdraw one shot and start daily SIP?

> I had a conversation with Motilal Oswal representative and he informed me that more than 7 lakh investment in S&P fund in a financial year will attract 20% TCS. Is this true?

Thanks.

Basically the title. We tend to have a micro view of P/E, business revenue, GDP growth, budgets, and all those technical terms. We discuss these all the time but just taking a break and a pause to discuss other macro factors.

Not to be a negative dou** but sometimes looking at pathetic public infrastructure barring airports and metros, major cities sinking in air pollution, and other such factors such as loose law enforcement and unsustainable practices, and the in your face apathy from our administrators, I do feel a bit uncomfortable as a long term equity investor in India truth be told.

An example is how everyone’s very excited about quick commerce but we also see how the practices adopted wouldn’t fly in most developed countries due to the most basic laws. Here is it is ‘sab chalta hai’ attitude.

When pollution is that terrible in NCR, what would even real estate companies do in the long term.

Again, not being negative and I do see our country improving in a lot of areas and I more than anyone want it but also it is stuck in a lot of areas. Millionaires leaving India (read high purchasing power going every year), taxation nightmare and so many other things. Hence these thoughts do occur, ngl.

Long term means 15-20-30 years.

Often we are told to buy high quality stocks, index funds and just forget about it for decades with a few revisions mid way. But one can’t just ignore other socio-cultural issues and factors that don’t look like going anywhere.

Thoughts?

I'm literally panicking now that I realized that I've been quite an idiot putting all of my money in FDs which doesn't even save one from inflation. I intended to invest in property (plots/apartment) and damn near came to buy a couple of times but it never happened.

I realize that I'm laughably old to be asking investment advice but please help me out with whatever options I have left now. My goal is wealth creation. I am married for 2 years with no kids. Wife also works in the same industry as me (IT).

Now what do I do?

P.S. Request you to please don't age-shame me, I know I'm super late to be asking such questions but somehow other things took priority and I couldn't plan my finances well.

Hello everyone, we were blessed with a baby boy in October 2023 and around same time, Groww had launched-Groww Nifty Total Market Index Fund, direct, growth. Without doing much research, I started sip with the intention of saving up for his future. I now want to change the mutual fund. Can you please suggest a good mutual fund for long term horizon of 18-20 years.

Also, are there any other investment options that I can do? How much sip should I ideally do to beat inflation, save up for higher studies etc.

Ask your investing related queries here!

The members of /r/IndiaInvestments are here to answer and educate!

Alternatively, you could join our Discord and seek answers to your queries

If you're looking for reviews on any of these following, follow the links:

• which bank or brokerage to use
• which fund house is more capable and trustworthy
• which investing platform to use,
• which insurance company is reliable

Generally speaking, there is no best stock, or fund, or bank, or brokerage, or investment platform.

Answers are always subjective to your personal needs, but use those threads a starting point for you to look at what other Redditors have to say about a company, product, fund, or service.

You can then ask a more specific question about what product or service to buy, once you are able to frame your personal situation.

NOTE If your question is I got 10k INR, what do I do to get most returns out of it?, or anything similar; there is no single answer to this question. But we will also need A LOT MORE information if we are to provide some sort of answer:

• How old are you?
• Are you employed/making income?
• How much? What are your objectives with this money?
• Do you have any loan, or big expense coming up?
• What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know it's 100% safe?)
• What are you current holdings? (Do you already have exposure to specific funds and sectors? Have you invested in equity before?)
• Any other assets? House paid off? Cars? Partner pushing you to spend more?
• What is your time horizon? Do you need this money next month? Next 20yrs?
• Any big debts?
• Any other relevant financial information about you, that will be useful to give you an informed response.

Beware that these answers are just opinions of fellow Redditors and should only be used as a starting point for your research. This is NOT financial advice, in legal sense of the term.

You should strongly consider consulting a registered fee-only financial advisor before making any financial decisions. Ideally, such advisors should be registered with SEBI, and have a registration number.

Links to previous threads.

• Which bank do you recommend for savings account or fixed deposits?

• How's your experience with wealth management services? For example, you can discuss your experience with Citigold / CitiPriority, Kotak Privy League, DB WealthPro, Axis Burgundy, ICICI Bank Wealth Management etc.

• What bank offers the best forex rates?

• Discuss the quality of the bank's mobile apps and the services they offer.

• How are the lending practices at your bank? Did your home loan / car loan / education loan get approved on time

  Were you required to purchase additional products (like insurance) to avail a loan?

You can also ask for a general review of a particular product or services that you have been researching:

Is bank X good? Is it recommended for basic services no-frills accounts?

but please avoid asking for personal advice.

The discussion is meant for consumption by a broader audience.

For advice regarding your personal situation (like My family is pressurising me to take a home loan, what would you suggest?), the bi-weekly advice thread is recommended.

Personal advice queries and comments will be removed to ensure that older threads provide sufficient historical reviews on products and services.

Reviews posted here can be relied upon by newcomers to evaluate customer experience. Please confine the thread only to reviews or requests for reviews of products and services.

Links to previous threads

This was a post which I shared about 3 months back regarding my bank account data mismatch in all AMCs. I want to point this is not paid by any means or promoting anyone. This is an experience update.

I will keep it short and to the point.

1. I tried to change via MFCentral but all requests were directly getting rejected as soon as raising. I tried with CAMS as others suggested in the old post but same issue.

2. Finally understood it would be a offline process but since I work monday-saturday so its tough visiting banks and doing all.

3. I contacted my broker Groww. They got all the AMC bank change documents. I filled them and after back and forth mail confirmations that all forms were filled correctly shipped them .

4. It took 1 month to get citibank closure letter with seal and signature for AMCs which had citibank data.

5. For AMCs which had axis data but citibank account, the process is you simply say you dont have old bank proof anymore. There are separate forms which have to be filled and sent and it will be verified and then processed.

6. All this was done from home by my broker free of cost. I just had to download , fill forms, print, courier the forms. Hats off to Groww team for being so helpful .

Please always verify your bank details and keep one account active always and only use it for these things. dont attach salary accounts with these things as once the bank gets closed/merged or something then the process to change bank details is too long.

I do my investments from EtMoney app.
Today I received email from them saying that due to SEBI's Execution Only Platform (EOP) policy under which EtMoney falls , I won't be able to track my investment done on other platform(I had done some investment in other platform before starting to use EtMoney) nor I will be able to check portfolio health.

For those services, I will have to buy their Genuis membership.

So is it actually true or EtMoney is just trying to force me to buy Genuis subscription? They have already put so many features for Genuis only.

is there any other platform that shows external fund tracking?

I will assume Zerodha Coin does but it has annual maintenance charges per year given it uses demat account to store mutual funds. I don't do stocks really. Just mutual funds. Might be worth to see all the investments under one roof though.

What do you guys use for your investment and do you face similar problem?

https://preview.redd.it/jfyo04gn593e1.jpg?width=960&format=pjpg&auto=webp&s=e81284df4704a6504a6ff3c3ce70dede02b9ce01

Hi, I’m Ashish Kashyap, Founder of INDmoney. I’m here to chat about investing in Indian and US stock markets, personal finance, and the journey of building India’s SuperMoneyApp. At INDmoney, we’re empowering Indians to invest, trade, and manage their entire net worth seamlessly on one app.

Before INDmoney, I had the privilege of founding the travel giant ibibo Group—so if you’ve ever booked a ticket on Goibibo or taken a redBus ride, you’ve experienced a part of that journey. I also founded PayU India (ibibo Pay), a leading fintech payments platform, and was Google India’s first Country Head.

Hey everyone, I’m exploring the idea of flipping foreclosure properties in India and would love to hear your thoughts or experiences. The concept seems promising—buying properties at auctions for a fraction of their market value, renovating them, and selling at a profit.

I’ve heard that foreclosure properties are often available at a 10-15% discount compared to the area’s market rate, which sounds like a great deal. But I’m aware there can be challenges like legal disputes, unclear titles, or hidden renovation costs.

For those who’ve tried this or have insights into the Indian real estate market, what are the biggest pitfalls to avoid? And are there particular cities or regions where this strategy works best?

Would love to hear your advice, success stories, or even cautionary tales! Let’s brainstorm how to make this a smart and profitable venture.

Looking forward to your responses! 👇

Ask your investing related queries here!

The members of /r/IndiaInvestments are here to answer and educate!

Alternatively, you could join our Discord and seek answers to your queries

If you're looking for reviews on any of these following, follow the links:

• which bank or brokerage to use
• which fund house is more capable and trustworthy
• which investing platform to use,
• which insurance company is reliable

Generally speaking, there is no best stock, or fund, or bank, or brokerage, or investment platform.

Answers are always subjective to your personal needs, but use those threads a starting point for you to look at what other Redditors have to say about a company, product, fund, or service.

You can then ask a more specific question about what product or service to buy, once you are able to frame your personal situation.

NOTE If your question is I got 10k INR, what do I do to get most returns out of it?, or anything similar; there is no single answer to this question. But we will also need A LOT MORE information if we are to provide some sort of answer:

• How old are you?
• Are you employed/making income?
• How much? What are your objectives with this money?
• Do you have any loan, or big expense coming up?
• What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know it's 100% safe?)
• What are you current holdings? (Do you already have exposure to specific funds and sectors? Have you invested in equity before?)
• Any other assets? House paid off? Cars? Partner pushing you to spend more?
• What is your time horizon? Do you need this money next month? Next 20yrs?
• Any big debts?
• Any other relevant financial information about you, that will be useful to give you an informed response.

Beware that these answers are just opinions of fellow Redditors and should only be used as a starting point for your research. This is NOT financial advice, in legal sense of the term.

You should strongly consider consulting a registered fee-only financial advisor before making any financial decisions. Ideally, such advisors should be registered with SEBI, and have a registration number.

Links to previous threads.

Sorry, if it's a dumb question, but I'm just starting to learn. In the US, almost no actively managed fund has managed to beat Index Funds over a time period of 20-30 years, whose returns have been around 12-14%. In India, the Nifty 50 has given a better return than that over the same time frame and Mutual Funds have given even better than that. Since 1993, Nifty 50 has increased by 2850% whereas S&P 500 has increased by 1320% only. Considering all this, why don't all these American investors invest all their money in India to get better returns?

I can see 2 reasons: First, the 4-6% difference in inflation between India and US (8% vs 2%). Second, the 3% depreciation of INR vs USD. Please let me know other reasons that might affect other than these. Both of these would mean that a 16% return in India would mean 8% return for US investors, which is lower than what they would get in India and that is why they don't flock here. Is this solid reasoning or am I missing anything? If you can come up with a better calculation for comparing returns between US & India equities, please post it in comments.

So, which is the better equity market, US or India?

Hey all, total noob here on investments. Please suggest me on the call I received, is it a scam, or is it worth it?

So, agent told me I should pay 1,10,000 every year for next 10 years. First year payment should be paid in full, going forward, I can pay in monthly installments

Then, nothing happens on 11th year, from 12th year onwards, I receive 1,07,000 back for next 10 years

After this 10 years, (basically 21st year from now), I will get the whole 11 lakhs I paid in my first 10 year period

Is this some kind of investment/pension plan, or am I being scammed? He asked me to share few details immediately, and he will send official email. Not very confident yet because people can send official emails easily and paying 1 lakh+ immediately is too big for me now. Will it be beneficial overtime?

This is the promotional content thread for this month. This will be a recurring thread where we waive the "no self promotion" rule that we enforce so strictly.

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There may be paid features locked or some articles maybe available on payment, but if the entire article cannot be viewed for free or the results of a tool are blocked without payment then such a submission may be removed.

If collection of user data is required to use the thing you are sharing we STRONGLY encourage you to contact the moderation team first. If the moderation team has concerns about data you collect, the comment may be removed and may not be reinstated in a timely manner.

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Original Source: https://boringmoney.in/p/embassy-reit-looks-at-a-fraud (my newsletter Boring Money. If you like what you read, do visit the original link to subscribe to receive future posts directly in your inbox)

--

If you manage someone else’s money in any shape or form, one requirement from the regulator is that you shouldn’t have defrauded anyone in the past. Sure, it’s basic, but it’s also tough to meet because there is a non-insignificant overlap between people that enjoy both fraud and managing other people’s money.

Earlier this month, SEBI issued an order asking Embassy REIT to suspend its CEO Aravind Maiya. The reason being that Maiya had been caught up in an unrelated fraud from a few years back, and had also been debarred from being an auditor.

Until 2019 Maiya was an auditor at KPMG BSR & Co, which is an audit firm that most people recognise as KPMG India. At the time, BSR was the auditor for Coffee Day Enterprises Ltd, the company owning the CCD brand. CCD’s owners turned out to have embezzled money from CCD to another company that they owned. Maiya was the guy responsible for ensuring that CCD’s financials, which was a publicly listed company, were correct.

Well, he did a horrible job.

Draining out the coffee

Here’s a slightly dramatic look into one of the ways in which VG Siddhartha, the founder of CCD (who unfortunately killed himself) stole money from the company:

1. He kept a bunch of cheques in his table drawer. Each of those cheques were pre-signed by CCD’s CFO (and whoever else whose signature was needed to make a transaction).
2. Next he would draw a cheque for a few hundreds or thousands of crores in favour of a company called Mysore Amalgamated Coffee Estates. The company was owned by his dad. Supposedly, it sold coffee beans and that’s what CCD was paying for.
3. On his way back home from work, he likely dropped the cheque in his bank’s cheque deposit box.

Sure yes, he probably didn’t deposit his cheques himself and sent someone else to do it for him. But the idea is generally right. Here’s a couple of snippets from a SEBI order against CCD from last year:

I note that the Noticee has itself admitted that VGS, the Promoter and CEO, was running the entire show within CDEL and its subsidiaries. It has further admitted that VGS used to collect the signed blank cheques and all the fund transfers were done by him

And,

CDEL in its submissions to SEBI had stated that CDGL had regular coffee procurement relationship with MACEL [para 41(h)]. The revenues of MACEL during 2018-19 and 2019-20 (the years during which the fund diversion to MACEL had occurred) were merely Rs.1.71 Crore and Rs.3.27 crore respectively… It is quite intriguing that despite the extremely weak financial position of MACEL, the subsidiaries of CDEL decided to advance funds to the tune of Rs. 3,535 Crore to MACEL. This sum was more than the net worth of the Noticee, Rs. 3166 Crore as of March 31, 2019.

Siddhartha signed off on cheques apparently to buy coffee beans. But the company he paid more than a thousand crores in advance to buy coffee beans from, had a revenue of less than a few crores.

How did he get away with it? That’s where Aravind Maiya, the KP BSR auditor comes in. Maiya, whose job it was to identify and catch shenanigans when auditing CCD’s books, apparently did not because Siddhartha hadn’t technically written those cheques from CCD’s chequebook. He had used the chequebook of its subsidiary!

Here’s a snippet from the National Financial Reporting Authority (NFRA), [1] an organisation I didn’t know existed before this:

CDEL borrowed Rs 2,960 crores from Standard Chartered Bank, through its step down subsidiary TRRDPL, which was a 100% subsidiary of Tanglin Developments Limited.

[…] the EP has stated that they were the Auditors of CDEL and not for the subsidiaries, and they relied upon the audit work and the audit reports issued by other statutory auditors of CDEL group entities as permitted by SA 600 (Using the Work of another auditor). He further stated that he had relied on certain additional audit procedures performed on identified account balances of CDGL and TDL which were considered important from the standpoint of consolidation.

One of CCD’s subsidiaries borrowed ~₹3,000 crore and lent a portion of it to Mysore Coffee (the company Siddhartha’s dad owned). Maiya told SEBI that since the money had gone out from CCD’s subsidiary, not CCD itself, and since those subsidiaries had their own auditors who found nothing wrong, it was okay for him to have the go ahead to CCD’s financials no matter how unusual they might seem.

In another case, CCD was lending money to one of its subsidiaries in a.. peculiar manner. Here’s a bank statement from NFRA’s order:

Image link: https://imgur.com/a/jote6GT

Whoo, that’s quite some back and forth of money! CCD wanted to move money to its then-subsidiary Tanglin Developments. [2] So it lent it money. Tanglin repaid that money the same year, which in the world of finance is a great sign. But then CCD would just re-lend the money back to Tanglin in a couple of days. Eventually of course, that money would find its way to Mysore Coffee. Until the next time Tanglin’s loan from its parent company had to be “repaid”.

I’m not an auditor, probably for good reason, but if I saw a bank statement with a +₹50 crore almost immediately followed by -₹50 crore repeated a few times and even across bank accounts, I would be alarmed. From NFRA again:

[…] the EP [Maiya] stated that he did not review the transactions between CDEL and TDL in the manner NFRA has considered, as the money was advanced and returned during the year and these transactions were eliminated during consolidation, TDL being a wholly owned subsidiary.

NFRA feels that Maiya’s responsibility was to ask CCD, “Hey why are you sending money back and forth to your subsidiary?” Maybe there was a perfectly reasonable answer to this question (rewards on Google Pay?). But not finding the transactions suspicious was suspicious.

FIT AND PROPER

If you were a board member at a real estate investment trust (REIT), one of the things that you may want to do is to keep your REIT away from any shady people. Sure, you want to be doing that regardless, but especially if you’re around a REIT. Real estate in India is shady! The calling card for REITs mentions that people shouldn’t invest in them without getting their hands burnt.

Here are Aravind Maiya’s qualifications:

1. Found guilty of professional misconduct by NFRA.
2. Debarred from being an auditor.
3. Penalty of ₹50 lakh ($60, 000).

Would you hire him as your REIT’s CEO? Maybe you have no idea about all of this and let’s say you do. If the regulator comes to you and specifically asks you to reconsider his eligibility—what do you do?

This is what Embassy REIT did. From SEBI’s recent order:

REIT Regulations do not specify any criteria or requirements of the CEO of a manager to a REIT and do not provide any 'fit and proper person' criteria for the CEO of the manager of the REIT.

SEBI wanted the REIT’s CEO to be a “fit and proper person” which is just a bunch of floor criteria for stuff like not having defrauded anyone or being a criminal. Embassy REIT’s argument was that its CEO doesn’t need to be a “fit and proper person”?!

I know no one reads SEBI orders so Embassy REIT didn’t really care about what showed up in SEBI’s order. But come on, arguing that your CEO doesn’t need to be fit and proper is courageous. If it was up to me, I’d publish this line on the front page of whatever business newspaper I could. (The best I can do at the moment is the title of this blog post.)

Eventually, of course, Embassy REIT had to ask Aravind Maiya to step down because SEBI didn’t give it an option. What do you think Embassy asked Maiya to do? My presumption was that it would ask him to go on sabbatical, or I don’t know, maybe pick up gardening as a hobby.

Here’s a snippet from its official statement:

While we are reviewing the order and evaluating all options, in compliance with SEBI’s directive, effective immediately, Aravind Maiya will be stepping down as CEO of Embassy REIT. He will assume the role of Head of Strategy for Embassy REIT.

HE WILL ASSUME THE ROLE OF WHAT? When the regulator asks you to chuck your CEO out, you chuck your CEO out! You don’t give him a proxy CEO position as head of “strategy”. [3]

I have a hunch that someone at SEBI is now writing another order about how the head of strategy at a REIT should also be fit and proper. This time around they might cover more job titles.

Footnotes

[1] SEBI and NFRA worked together on this entire thing. First, SEBI investigated CCD and found that things were off. Then NFRA investigated Maiya, who was CCD’s auditor, because things were so bizarrely off. Then SEBI issued the most recent order asking Embassy REIT to ask Aravind Maiya to step down as the CEO because NFRA found him guilty.

[2] CCD eventually sold Tanglin Developments to Blackstone.

[3] The performance of the REIT in terms of its market price has also not been anything to write home about. Which makes Embassy REIT’s hesitance to let go of its CEO seem even more interesting.

Original Source: https://boringmoney.in/p/embassy-reit-looks-at-a-fraud

I acquired a Care health insurance policy from Policybazaar in 2020. A couple of years later, care bumped me upto Care Advantage, and I have been renewing my health insurance with them ever since.
This year Policybazaar has been behind me asking to renew my policy and I asked the agent to send me the details. I found that the premium quoted by policybazaar was 4k more than what care quoted.

I want to know if policybazaar offers any additional benefits than what Care give us? I compared the policy details, they are the same.

What is the deal with Policybazaar prices?

So I got a home loan and the banker said that what would be my preferred EMI date.

Being a salaried person, the salary gets credited at month end.

I want to utilise the EMI amount (a sizeable amount) to maximise on interest/investment before I pay the monthly EMI.

How should one go about determining the date, whether start, mid, or end of the month?

So I started investing through IndMoney, invested a few lakhs, but due to their multiple changes on the banking partner I discontinued it and started investing through MFs.
- Motilal Oswal Nasdaq 100 Fund,
- Motilal Oswal S&P 500 Fund

Debt funds are no more tax efficient and seems like IndMoney has become decent with banking stuff although higher platform fees etc. but now I want to understand what's the best way going forward considering my US investment is for long term, mainly index investment and not more than 7 Lakh in an year so no TCS worries too.

What would people here would suggest? What makes more sense?

#Interesting move by Indian Income Tax Department (link)

Saw the colour advertisement in papers yesterday:

• According to the I-T department advisory, for Indian residents a foreign asset would include bank accounts, cash value insurance contract or annuity contract, financial interest in any entity or business, immovable property, custodial account, equity and debt interest, trusts in which a person is a trustee, beneficiary of settlor, accounts with singing authority, any capital asset etc., held abroad.

• It added that all eligible taxpayers “must mandatorily” fill the foreign asset (FA) or foreign source income (FSI) schedule in their ITR even if their income is “below the taxable limit” or the asset abroad was “acquired from disclosed sources”, the report said.

• “Failure to disclose foreign asset/income in the ITR can attract a penalty of ₹10 lakh (about $12,000) under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015,” the advisory added.

• “The purpose of the campaign is to remind and guide those who may not have fully completed schedule foreign assets in their submitted ITR (AY 2024-25), especially in cases involving high-value foreign assets,” as per a statement from the CBDT.

• The last date to file a belated and revised ITR is December 31, 2024.

Have there been examples of such a thing happening during Covid time fall? What should be done in those times, like should we stay put or leave early?

I'm a new investor, so I wanted to gain some perspective. All I know of panic mass selling is when some banks have gone under because of it. I googled but couldn't get the specified case info.

Ask your investing related queries here!

The members of /r/IndiaInvestments are here to answer and educate!

Alternatively, you could join our Discord and seek answers to your queries

If you're looking for reviews on any of these following, follow the links:

• which bank or brokerage to use
• which fund house is more capable and trustworthy
• which investing platform to use,
• which insurance company is reliable

Generally speaking, there is no best stock, or fund, or bank, or brokerage, or investment platform.

Answers are always subjective to your personal needs, but use those threads a starting point for you to look at what other Redditors have to say about a company, product, fund, or service.

You can then ask a more specific question about what product or service to buy, once you are able to frame your personal situation.

NOTE If your question is I got 10k INR, what do I do to get most returns out of it?, or anything similar; there is no single answer to this question. But we will also need A LOT MORE information if we are to provide some sort of answer:

• How old are you?
• Are you employed/making income?
• How much? What are your objectives with this money?
• Do you have any loan, or big expense coming up?
• What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know it's 100% safe?)
• What are you current holdings? (Do you already have exposure to specific funds and sectors? Have you invested in equity before?)
• Any other assets? House paid off? Cars? Partner pushing you to spend more?
• What is your time horizon? Do you need this money next month? Next 20yrs?
• Any big debts?
• Any other relevant financial information about you, that will be useful to give you an informed response.

Beware that these answers are just opinions of fellow Redditors and should only be used as a starting point for your research. This is NOT financial advice, in legal sense of the term.

You should strongly consider consulting a registered fee-only financial advisor before making any financial decisions. Ideally, such advisors should be registered with SEBI, and have a registration number.

Links to previous threads.

Let's try to decode Trent.

If i have to buy all the stocks of Trent today then price to pay will be it's market cap = 2.30 Lakh Crore.

With that spend, its entire net income (which is approx 1800 crore pa) will be mine being 100% shareholder of the company.

(astronomical numbers, i know, but just stay with me and remember 2.3 L Cr!)

So, the PE is 2.30 L Cr ÷ 1800 crore = ~125.
Meaning, it will take 125 years to recover my investment.

But, in reality Trent's net profit is growing at at 100% y-o-y.
If that continues to happen, then in just 7 years sum of all its profit will be equal of my today's spend of 2.30 L Cr.
And the eighth year profit will be more than my current spend of Rs 2.30 L Cr.
And the ninth year profit will be 2x of my current spend of Rs 2.30 L Cr.
And the tenth year profit will be 4x of my current spend of Rs 2.30 L Cr
And this continues to infinity,

Now, with this explanation, the stock doesn't seem expensive at all. Right?

But let's say if profit growth slows down to 50%:
Then it will take 11 years just to recover my investment.
Now, if i want to recover my investment in the 7 years itself, then acceptable price is only 58000 crore (instead of 230000 crore): 25% of Rs 2.3 L Cr.

So, you see, when profit growth is reduced by 50%, price fell by 75%.

This is exactly how fast-growth companies like Trent, DMART (and most startups) get their valuation.
And this is why market is punishing stocks that are faltering on growth expectations.

So, if market had factored in certain EPS growth rate but actual growth rate comes lower, it will have a devastating effect on stock prices.
And that's why every single point in the growth metric is crucial.

I often see systematic withdrawal plans being recommended primarily for debt funds, and I completely understand the rationale behind it—debt is inherently safer, with lower volatility, making it a stable choice for predictable cash flows.

That said, I’m curious about real-life experiences of people who have used equity or hybrid funds for SWPs. While I get why debt is the go-to suggestion, I find myself wondering whether equity, despite its risks, might be a viable option in certain cases.

Here’s where I’m coming from:

1. SWP calculators are helpful but, as we all know, they don’t fully reflect market realities. Their linear calculations can’t capture the impact of actual volatility or prolonged market downturns.
2. Still, I’ve tried backtesting with tools like AdvisorKhoj’s SWP calculator, and the results for equity funds surprised me. It seems that, for a 20-year withdrawal period with reasonable withdrawal rates, equity-based SWPs can sustain withdrawals while retaining the corpus over the long term, especially when the fund delivers an average return of 12% or more. Even with more aggressive withdrawals (e.g., 10% annually), equity seemed to hold up decently in simulations.
3. Given this, I’m struggling to reconcile why equity is so often dismissed as an SWP option despite promising data under certain conditions. Is the inherent volatility really that big a deal over longer horizons?

So, to anyone who’s experimented with this:

• Have you used equity or hybrid funds for SWPs? What was your experience like—good, bad, or mixed?
• Are there key pitfalls or risks that data and backtesting fail to highlight?
• Any insights on why equity is rarely recommended, even when historical returns suggest it could work?

I’m looking forward to learning from the community’s experiences and perspectives. Thanks in advance for sharing! 😊

Many insurance firms have comparable metrics but as they say devil lies in the details. For example, Pretty high claims ratio(>99%) but actual disbursement ratio is less.

This kind of practice shows that things are different on ground then what firms protray.

I need health insurance for myself and my parents. My parents will retire next year and I'll be turning 30 as well. My parents have existing conditions and it will affect me too. I'm looking for information which will help me choose good enough insurance and my family is not left hanging during emergency.

You can discuss something like these, ITT:

• What brokerage are you using currently?

• Is the brokerage structure suitable to your needs?

• How is the availability of the brokerage service?

  Do you experience issues with login/authentication? Do you experience issues with posting trades to NSE and BSE? Do you experience issues with executing trades at NSE and BSE?

• How do you rate the brokerage reports provided by the brokerage house?

• How are the ancillary products and services provided by the brokerage house?

• Do you use Smallcase to manage your portfolio, and how was the service?

You can ask for a general review of a particular product, or service that you are researching - Is X good? Is it recommended for long-term delivery trades?, but please avoid asking for personal advice.

The discussion is for consumption by a broader audience. For advice regarding your personal situation, the bi-weekly advice thread is recommended.

Personal advice queries and comments will be removed to ensure that older threads provide sufficient historical reviews on products and services.

Reviews posted here can be relied upon by newer members to evaluate customer experience with these products. Please confine the thread only to reviews or requests for reviews of products and services.

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A common investment tip is to put money in equity, like Nifty 50 or similar mutual funds, through either a lump sum or SIP, and hold for the long term (15-20 years) to achieve annualized returns of around 10-15%.

Using the compound interest formula:

• Final Value = Initial Value × (1 + r)^t
• Where: Initial Value = 24,000 (current Nifty value), r = 12% (0.12), and t = 20 years
• Target Value = 231,504

This calculation suggests that if someone invests a lump sum amount in Nifty 50 today and leaves it untouched for 20 years, Nifty would need to reach around 231,504!!! to yield a 12% annualized return.

Do you think this target is achievable? Is 12% a realistic return expectation for the next two decades?

USD INR is artificially maintained as if it's too lucrative, US Government will put pressure on India

When we look at the return rate offered by the Reserve Bank of India (RBI) and the U.S. Federal Reserve (Fed), we notice that RBI offers a higher rate (6.5%) compared to the long-term average rate offered by the Fed (around 2%). This difference is attractive because an investor in the U.S. could potentially invest in India and earn a higher return.

However, the value of the Indian Rupee compared to the U.S. Dollar usually depreciates over time, which means that over the long run, the Rupee loses value against the Dollar. This depreciation reduces the effective return that a U.S. investor would earn from investing in Indian assets.

In the past decade:

• From 2004 to 2014, the Rupee depreciated against the Dollar by about 3.89% annually.

• From 2014 to 2024, it depreciated by approximately 3.95% annually.

If this depreciation rate continues, it eats into the 6.5% return. For example, if an investor makes 6.5% in INR but loses 3.95% due to Rupee depreciation, the effective return becomes closer to 2.55%.

Now, if the Rupee were stable (meaning it didn’t depreciate), then investing in India would yield the full 6.5%, making it more attractive than the 2% return in the U.S., making it a “no-brainer” for investors to choose the Indian investment over the U.S.

------------------------

Here are key inflection points in the USD/INR exchange rate history, along with the primary reasons for these shifts:

1. 1947-1966 (Fixed Rate at INR 4.76/USD):

• Reason: At independence, the Indian Rupee was pegged to the British Pound, effectively keeping it stable against the USD. India’s economic policy favored a controlled, closed economy.

2. 1966 (INR 6.36/USD):

• Event: Major devaluation.

• Reason: Following economic pressure, high fiscal deficits, and reduced foreign exchange reserves, the government devalued the Rupee by 36.5% to attract foreign capital and promote exports.

3. 1991 (INR 17.90/USD):

• Event: Economic liberalization and devaluation.

• Reason: India faced a severe balance-of-payments crisis, leading to reforms that opened up the economy. To stabilize, India devalued the Rupee, starting a gradual move toward a market-determined exchange rate system.

4. 1993-1995 (Approx. INR 31/USD):

• Event: Full float of the Rupee.

• Reason: The Reserve Bank of India (RBI) allowed the Rupee to float in 1993, leading to a market-driven rate based on demand and supply. This marked a shift to a liberalized economy.

5. 2008-2009 (From INR 43.51/USD to INR 48.41/USD):

• Event: Global financial crisis.

• Reason: Capital outflows and reduced foreign investments due to global recessionary conditions led to depreciation. A stronger USD due to safe-haven demand also impacted the Rupee.

6. 2012-2013 (From INR 53.44/USD to INR 58.62/USD):

• Event: Taper tantrum and fiscal concerns.

• Reason: The U.S. Federal Reserve signaled a potential slowdown of its quantitative easing program, causing massive capital outflows from emerging markets like India, which further weakened the Rupee.

7. 2020 (INR 74.10/USD):

• Event: COVID-19 pandemic.

• Reason: The economic impact of COVID-19 led to reduced exports, demand contraction, and capital outflows, weakening the Rupee. Additionally, low global demand hit India’s foreign exchange inflows.

8. 2022-2023 (From INR 77.19/USD to INR 82.00/USD):

• Event: Post-pandemic inflation and U.S. interest rate hikes.

• Reason: High inflation led the U.S. Fed to raise interest rates, making the USD stronger globally. Combined with higher import costs and trade deficits, this pushed the Rupee to historic lows.

These inflection points highlight how global economic shifts, local fiscal policies, and market liberalization have significantly impacted the INR’s value over the years.

Ask your investing related queries here!

The members of /r/IndiaInvestments are here to answer and educate!

Alternatively, you could join our Discord and seek answers to your queries

If you're looking for reviews on any of these following, follow the links:

• which bank or brokerage to use
• which fund house is more capable and trustworthy
• which investing platform to use,
• which insurance company is reliable

Generally speaking, there is no best stock, or fund, or bank, or brokerage, or investment platform.

Answers are always subjective to your personal needs, but use those threads a starting point for you to look at what other Redditors have to say about a company, product, fund, or service.

You can then ask a more specific question about what product or service to buy, once you are able to frame your personal situation.

NOTE If your question is I got 10k INR, what do I do to get most returns out of it?, or anything similar; there is no single answer to this question. But we will also need A LOT MORE information if we are to provide some sort of answer:

• How old are you?
• Are you employed/making income?
• How much? What are your objectives with this money?
• Do you have any loan, or big expense coming up?
• What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know it's 100% safe?)
• What are you current holdings? (Do you already have exposure to specific funds and sectors? Have you invested in equity before?)
• Any other assets? House paid off? Cars? Partner pushing you to spend more?
• What is your time horizon? Do you need this money next month? Next 20yrs?
• Any big debts?
• Any other relevant financial information about you, that will be useful to give you an informed response.

Beware that these answers are just opinions of fellow Redditors and should only be used as a starting point for your research. This is NOT financial advice, in legal sense of the term.

You should strongly consider consulting a registered fee-only financial advisor before making any financial decisions. Ideally, such advisors should be registered with SEBI, and have a registration number.

Links to previous threads.