Santosh Mishra

CEO -VASHISTHA CAPITAL FINANCIAL SERVICES PVT LTD
Director - Vashistha Sewa Foundation

[Ronit Pereira @CAronitpereira]

“Investors find a stock less risky when everyone is buying and stock is going up.”

“And they find it more risky when nobody is buying and the stock price is going down.”

- Late Parag Parikh. 2011

[Sunil Gurjar, CFTe @sunilgurjar01]

Sensex gave zero returns from 1992 to 2003.

But Rakesh Jhunjhunwala wrote an article in The Economist on why he believed that Indian markets will rally.

The markets went up 7 times from2003 to 2008. Here’s his thinking:

“I think the first quality an investor needs is to be an optimist. And remember what Peter Lunch says:

“Wars have come, terror has come and natural disasters have come but company profits have gone up.”

“The kind of valuations, quality of earnings, ROEs and every company we went was fighting for a paise of profit.”

Pessimists will always sound right but Optimists are the one who make money.🙌🏻

[Sonia Shenoy @_soniashenoy]

The two ticking bombs India is facing today , unemployment and people not being ready for retirement.

If they are not addressed , what looked like a brilliant demographic dividend story can look very different after 2035 Says @mohanty_swarup of Mirae Asset.

Full conversation is out now on The Money Mindset ✨

[Ronit Pereira @CAronitpereira]

Parag Parikh on Trading in stock markets:

“I have seen so many bankruptcies because people went on doing short term trading.”

“I know people who would have symptoms like an alcoholic and they become uneasy if they didn’t sit in front of trading screen the whole day.”

“The environment is so vicious that it tempts you to do something all the time. This is bad for the younger generation.”

This is a 15 Year old video, recorded in 2011, but the message still remains the same. 🔥

[Michael A. Arouet @MichaelAArouet]

China didn’t build an economic miracle. It built the world’s biggest debt experiment. And experiments don’t last forever

When growth is fueled by borrowing, every vacant illuminated skyscraper, highway, and ghost city comes with a bill. How long can they keep the illusion alive?

[Santosh Mishra @VASHISTHACAP]

Thank you Pesi Dastoor Sir from UTI MF for visiting Vashistha Capital and sharing all ur insights regarding market and future trends of mutual Fund investing .
It's always a great pleasure to meet and listen your innovative ideas regarding expansion and reach of mutual funds to Indian household to meet their life cycle goals with the help of technology .

[Santosh Mishra @VASHISTHACAP]

and at the same time appreciating the role of mutual fund distributors in spreading awareness about mutual funds and helping investors to meet their life cycle goals .I wish a lot of good wishes to Madhu ji and her team in all her future endeavours .

[Santosh Mishra @VASHISTHACAP]

I am really impressed by seeing her commitment level and innovative thought process to bring more and more investors in the mutual fund industry and at the same time appreciating the role of mutual fund distributors in spreading awareness about mutual funds and helping investors

[Santosh Mishra @VASHISTHACAP]

Yesterday I have an interaction with Madhu Lunawat Founder The Wealth Company Mutual Fund and her team ,I found Madhu ji and her team very energetic and full of confidence to bring a lot new initiative in the mutual fund industry .

[Santosh Mishra @VASHISTHACAP]

@AkhileshIFS @IndiainIreland @ReetiMishra_ wishing you a very happy retirement life and healthy life ahead .

[Santosh Mishra @VASHISTHACAP]

Features and performance of Kotak Flexi Cap Scheme

[Santosh Mishra @VASHISTHACAP]

FIFA Event Mumbai 2026

[Kalpen Parekh @KalpenParekh]

Last year’s returns looked amazing yet they’re not repeatable.
(Silver +94%, Gold +68%, Global +25%).

Don’t extrapolate.

Compare those returns with their 20-year median. Big gap.

Gold ~15%
Silver ~8%
Nifty 500 ~13%
Global ~14%
Gilts ~7%

Lesson: One-year returns = mood.
Median returns = character.
Invest based on character, not mood.

Today, nothing is cheap.
Equities expensive.
Gold & Silver may be fully priced.
Bonds yields are low.
This is not a time for aggression.

When nothing is cheap

• Don’t chase last year’s hero
• Don’t dump last year’s laggard
• Keep expectations realistic

JP Morgan was once asked (not a true story) : “What will markets do?”

He replied: “They will fluctuate.”

Simple takeaway:

• don’t invest just basis last year’s champions
• Anchor to long-term medians
• Diversify across assets
• Play defence
• moderate expectations

[Santosh Mishra @VASHISTHACAP]

Happy to welcome Amit Dhingra ji Zonal Head ABSL MF in our office .

[Santosh Mishra @VASHISTHACAP]

Pleasure to meet Anupam Tiwari ji CIO Groww MF , Anupam ji is very good orator and he has very strong conviction about his investment ideas ,which keeps him totally different from other fund managers .