Capitalmind Podcast

Delving into the history and purpose of circuit limits in financial markets, the podcast explores their impact on market stability and trader behavior. From Black Monday in 1987 to India's implementation of circuit breakers, the evolution of market regulation is dissected. Real-life stories and the debate on the future of circuits add intrigue to this insightful discussion.

The podcast explores the recent regulations imposed by the RBI on NBFCs and banks, including risk weightages and restrictions on lending/investing activities. It discusses the impact on digital lending startups, credit card limits, conflict of interest rules, and AIFs. The hosts debate the proportionality of these measures and their implications for the economy. Other topics covered include capital efficiency in lending, implications on personal loans and NBFC investments, loans against securities, billionaires' tax avoidance strategies, and proactive regulatory measures by the RBI.

The podcast discusses the asset management industry in India, including the increasing ownership of Mutual Funds and retail investors. It explores the shift in the country's financial landscape, the success of Systematic Investment Plans (SIPs), and regulatory improvements. The podcast compares investment vehicles in India and the US and delves into the potential future of the industry. It also explores factors such as tax policies, the goal of reaching a 5 trillion dollar stock market, and factors influencing investing in the Indian market.

This podcast breaks down the process of how money is created in India, explaining concepts without using jargon. It delves into topics such as money creation by central and commercial banks, the impact of inflation, the role of the Reserve Bank of India, the stock market, and the wealth effect.

Explore the surge in options trading in the Indian stock market. Discuss the history and growth of options trading in India, factors driving its increase, and potential risks. Learn about the risks of buying options on the volatility index and SEBI's role in removing ignorance from markets. Understand convertibles and pricing optionality in India, and explore option pricing frameworks and their application.

In this podcast, the hosts explore the concept of Portfolio Management Services (PMS) and its benefits. They discuss the ideal time horizon for investments and how PMS offers an edge against Mutual Funds. Different archetypes of investors are introduced who stand to gain the most from embracing PMS offerings. The podcast also emphasizes the importance of having a framework when taking risks with extra money and compares investing in PMS to investing in Mutual Funds. Additionally, they discuss who should avoid investing in PMS and highlight a customer who achieved significant returns compared to the market.

Tax implications of receiving a lump sum, managing and paying off loans, retirement planning, dangers of poor debt products, considerations for angel investing, balancing consumption and investment, importance of charity and philanthropy, impact of wealth and burden of money.

Our latest podcast episode is here, and it's all about exploring the different ways investors make money in the market. From thrilling arbitrage strategies to the art of short-term trading, we'll cover it all in a language that even your neighbour's fish could understand (well, almost!). But that's not all—our experts will take you on a journey through long-term fundamental investing and quantitative approaches too. Expect some fascinating stories, like the infamous LTCM blow-up, and how best investors (& trades) made their fortunes. We'll also unravel the logic behind the elusive VC's hunt for 50x returns and how even "value stocks" need a dash of momentum. So, whether you're an investing enthusiast or just curious about the market's mysterious ways, you won't want to miss this one. References 00:38 What do you think about the new all-time high? How do you view different types of investing strategies in the market and how to make money from these strategies? 24:27 The problem with peoples expectations: When I say stock markets do 12%, people expect this to be linear. 27:00 Concept of Expectancy 33:29 Problem in arbitrage is competition, so you need to lever yourself up 38:21 Option volatility trading - sell options expiring in 2 days and make the decay 46:32 When VC wins they need to win huge 49:50 Nifty monthly returns - how do quant strategies do? 56:52 We have just hit all time high. Based on the past data, how long can this good time potentially last? Which one is your favourite investing strategy? Liked the episode? Just tweet to us at @capitalmind_in and let us know. That's all we need to keep going!

Welcome back to another episode of our podcast, where we dive deep into the world of finance and investment. In today's episode, we will be exploring the fascinating realm of mutual fund costs and SEBI's recent proposals to bring them down. As the saying goes, "The devil is in the details," and when it comes to investing, understanding the various expenses involved is crucial for making informed decisions. In this captivating episode, we will dissect SEBI's latest discussion paper on Mutual Fund TER (Total Expense Ratio), which shed light on the inner workings of mutual fund costs and the need for change. We'll embark on a journey led by our expert hosts, Deepak & Shray, who will unravel the complexities of the system and explore the potential implications of SEBI's proposals. Get ready to gain valuable insights and answers to burning questions. What is the Total Expense Ratio (TER) of a mutual fund, and what does it include and exclude? Why does SEBI propose changes in TER, and how will it affect mutual fund investors? How do large distributors exploit the system, and what measures can be taken to address this issue? Can tweaking TERs alone make the mutual fund industry 10x bigger, or are there other critical factors to consider? What innovative avenues could mutual funds explore to earn higher TER while providing value to investors? Tell us on twitter @capitalmind_in on how did you like this episode. Your feedback means the world to us! Show Notes & References 02:00 Thoughts on the recent discussion paper by SEBI on Mutual Fund TERs 10:30 SEBI is saying "You are making too much money", reduce fees 19:25 Largest India equity scheme is charging the maximum fees possible 31:30 Limited Purpose Trading membership for AMCs to trade directly on the exchange 43:00 Why should a big fund house have the ability to charge more on a new scheme? 48:00 Performance based AUM through sandbox 53:00 How do you make the mutual fund industry 10X bigger?

Explore the role of arbitrage funds in investment portfolios and the recent changes in debt mutual fund taxation. Discuss the potential systemic risk of a tax-rule change on arbitrage funds. Learn about low-risk investment options and potential buying opportunities in the new tax environment. Understand the implications of the tax-change on arbitrage funds, including higher expense ratios and potential losses for mutual fund managers. Highlight the importance of caution for asset management companies trading rights shares.