Vignesh Kamath

AMFI-Registered Mutual Fund Distributor | ARN-151148 |
When I'm not working, I'll be on vacation, reading, or playing with my dogs.

[Vignesh Kamath @vkamath_X]

@Shinde_Revati21 1% of 2 lakh is 2,000.

Per year

One must think hard and long if that extra 2,000, per year, is worth the risk.

Perhaps,
People should stick to RBI regulated Bank FD and accept the returns generated by FD.

[Vignesh Kamath @vkamath_X]

@paresh_pisipati The chart of silver and the chart of crypto look similar.

In fact one may not be able to differentiate one from the others, if there are no labels.

I firmly believe direct silver and gold are only meant to be consumed.

For others there is multi-asset funds.

[Vignesh Kamath @vkamath_X]

Let's go one step ahead.

All mutual fund SIP are "Lumpsums" on a fixed date of a fixed amount.

So today,
if an investors looks at the multiple Investments inside of an SIP,
They will mostly notice the older installments have a higher CAGR !

Some funds may even be negative in total
with first installment few years ago at a double digit CAGR !

[Vignesh Kamath @vkamath_X]

Investing without knowledge is gambling.

Best investment is an investment in oneself.

Either work with a SEBI-RIA,AMFI-RMFD (learn from them)

Or

Gain knowledge by reading SEBI or AMFI or NISM material.

Then Invest.

Do not gamble.
Perhaps only the luckiest 2% make money by gambling,

[Vignesh Kamath @vkamath_X]

@vaneshmali Curious,
What about people earning 20,000 per month

Do they hesitate?

[Vignesh Kamath @vkamath_X]

@growth_edge_ Curious,
If a person chooses "Regular option" on an AMC website , who is the distributor?

[Vignesh Kamath @vkamath_X]

@BaluGorade Given today's world where,

otp frauds,
link misclick frauds
Atm Card cloning
deepfake frauds

are increasing,

It is perhaps not wise to keep much money in a savings account.

Savings is the first place these frauds impact.

Perhaps 1 month expense in savings is enough.

[Vignesh Kamath @vkamath_X]

We must be aware that physical gold needs a physical place to liquidate.

Meaning some goldsmith needs to be available when one has an emergency.

Since we don't live in 1950's where there was a single goldsmith per village who would open their doors at midnight, this may not work today.

[Vignesh Kamath @vkamath_X]

I have found a Bank RD is better.

Since liquid and arbitrage funds drag down the "portfolio" returns and clients have a hard time seperating these.

Example :
Equity may generate 12%
Liquid may generate 6%

Client sees the "portfolio returns" as 9%

Changing mindset is an effort and may not always be successful.

Better to seperate debt out of the "Investment Portfolio"

[Vignesh Kamath @vkamath_X]

@paresh_pisipati Do you think
Many MFD who were previously Bankers or insurance agents,
Bring their "old Skills" to the MFD business
Have impacted the reputation for an AMFI-RMFD.

[Vignesh Kamath @vkamath_X]

@SelflessCricket You should stop gambling,
And work with a SEBI-RIA or an AMFI-RMFD.

[Vignesh Kamath @vkamath_X]

@ravihanda Those who are really capable of investing direct probably don't need a plan to be direct by "default".

Those who can't even figure out that their investments are in the regular plan probably should not Invest "Direct".

[Vignesh Kamath @vkamath_X]

@anujprajapati11 Wouldnt people take the 1 cr apartment,
sell it and then do whatever they want with that cash ?

If No,
Curious why not.

[Vignesh Kamath @vkamath_X]

@BaluGorade Many Multi-Asset mutual funds would disagree in the current year.

Diversification is just a "higher Possibility" of peace of mind,

Not a surety.

[Vignesh Kamath @vkamath_X]

@warikoo Unless it's an "Investment",

Apparently people ask less questions
and
are less skeptical ,
when higher returns are promised.

6% = normal
10% = questions
12% = more questions
25% = less questions
40% = even less questions
51% = No questions
75% = FOMO

Very curious why.

[Vignesh Kamath @vkamath_X]

@BaluGorade There are other variables involved :

Suddenly a parent might fancy a real estate and ask for money,

If one refuses it becomes emotional
If one does not refuse one could lock money when not wanting to.

[Vignesh Kamath @vkamath_X]

@ActusDei Some people often compare Brazil with India.

Perhaps
A younger India, economy wise.

What would be your opinion?

[Vignesh Kamath @vkamath_X]

@shiladitya4u Mutual funds were never meant for those who can invest by themselves.

It like a good driver
will probably never hire a driver to drive his car.

They are meant for those who can not drive (Invest)
Or
For those who don't want to drive themselves (invest)

[Vignesh Kamath @vkamath_X]

@piyush_trades Curious,
Do you think things were different 25 years ago ?
Or
35 years ago ?

Do you think equity investors or traders were respected then ?

Why were they called "Gamblers" or "Dalal" ?

And after all this , the country seems to have survived!

[Vignesh Kamath @vkamath_X]

@sumitkbehal Ideally a founder should work for 6 months
in the competition
so that they find or evaluate "Business-Founder Fit"