Sonia Shenoy
@_soniashenoy • 288,014 subscribers
The Money Mindset LIVE now. Biz News Journalist. Tracking stock markets for 17 years. Investor. ex- CNBCTV18
Videos
In my opinion, If you spend 1-2 lakh/month today in a metro city for a family of 4 including education and rent/ emi, You would need roughly 8-10 crore by age 60 as a retirement corpus to live comfortably. But Sandeep Jethwani of Dezerv tells me that inflation, lifestyle creep and unexpected health costs can inflate your retirement expenses much more than you think and 8-10cr is not enough. he says a family of 4 spending 1-2 lakhs per month today need a 40cr retirement corpus in 20 years to maintain a certain lifestyle. That got me thinking about how the numbers keep getting more and more unattainable and the frustration among the youth is palpable due to lack of jobs and opportunities to grow income. Whats the solution then ? reduce your expenses, cut lifestyle creep, stop comparison and decide what your definition of enough is. Thoughts ?
Sonia Shenoy972,966 Aufrufe • vor 1 Monat
“There is no reason for foreign investors to come to India. We run a GIFT city structure and when we try to open accounts , it tires out the FIIs.” “The account opening process is so tedious plus there is withholding tax , so when returns are anyway not great along with taxation and tedious processes , FIIs don’t want to come to India” Full conversation with Samit Vartak CFA of SageOne Investment is out now on The Money Mindset ✨ link below 👇
Sonia Shenoy286,190 Aufrufe • vor 23 Tagen
“I think the bottom has happened in mid and small cap names. In the last 7-8 cycles the bottom has happened during February , March . This time seems to be the same” . says Samit Vartak CFA of SageOne investment managers. Samit Vartak is the CIO of SageOne Capital and a well respected name in the investment fraternity. He is known for his deep research in mid and small caps and now runs an 8000cr AUM advisory. Full episode drops today on The Money Mindset ✨
Sonia Shenoy163,338 Aufrufe • vor 23 Tagen
HCL tech is at a fresh 52 week low today and getting hit hard post earnings. A few weeks ago I spoke to Kenneth Andrade of Old Bridge Capital on why he exited IT stocks completely earlier this year. "We dont know whats happening in the tech sector. will we know in the next quarter ? maybe, maybe not. If i had to build a portfolio today , I would build it without tech names" he says. He explained that the terminal value of the IT businesses are falling and there is a lot of uncertainty in whether these businesses can continue to grow in the same way as earlier.
Sonia Shenoy265,169 Aufrufe • vor 1 Monat
Ramesh Damani tells me his view for the next 2-3 years is A) the bull market continues . What we are seeing is a deep correction an ongoing bull market B) oil will remain elevated , 85-90 to remain a bottom C) the importance of asymmetrical warfare will increase as every country wants to up their self defence. Groww
Sonia Shenoy54,991 Aufrufe • vor 17 Tagen
“Sorry to say this government has been standoffish about foreign flows but now we can’t afford to have that attitude anymore.” “ it is impossible to ignore foreign flows today, infact govt should lay down the red carpet for foreign investors” says Ravi Dharamshi of ValueQuest Full episode out now on The Money Mindset ⭐️ link below
Sonia Shenoy69,200 Aufrufe • vor 1 Monat
“My goal is to always be the best fund manager in the country, whether I achieve it or not is a different thing.” - Siddharth Bhaiya Siddharth was sharp, talented , at the top of his game, never minced his words and always kind to everyone around him. The industry has truly lost a gem. Gone way too soon. Condolences to his family , may he Rest in eternal peace. 🙏 Video courtesy CNBC-TV18 podcast last year
Sonia Shenoy171,284 Aufrufe • vor 5 Monaten
"What RBI governor is doing is more valuable than what Trump is doing" "Wont be surprised to see Nifty at 29k-30k in next 6-8 months" , says Vikas Khemani on the recent Diwali Special episode of The Money Mindset. He believes the liquidity surplus , interest rate cut and boost to credit growth reinforces faith that government and regulator is doing everything to boost growth in India
Sonia Shenoy222,913 Aufrufe • vor 7 Monaten
"The real opportunity to create alpha is outside the index and there is no strong case for building real wealth through passive index funds." says Vikas Khemani "Every time a country transforms, the main opportunity is outside the index . if you only invest in index funds, you run the risk of missing those opportunities." Agree ?
Sonia Shenoy152,011 Aufrufe • vor 5 Monaten
“ I never stay in cash. Even if I know the market will fall, I never move to cash. You can’t time the entry and exit of the market , you may end up missing the party “ Raamdeo Agrawal of @motilaloswalgroup Motilal Oswal Asset Management tells me on this episode of The Money Mindset Full episode with Raamdeo Agrawal drops this evening ✨
Sonia Shenoy183,870 Aufrufe • vor 7 Monaten
“Don’t think a 50% tariff on India will last very long , it’s unlikely that the US India relationship can be viewed purely on goods trade , there are many more voices on the table now. This is very different from 1971” - Neelkanth Mishra , Axis bank On this weeks episode of The Money Mindset we spoke to Neelkanth Mishra , the chief economist at Axis Bank , a member of the PMEAC and one of the brightest minds in the business. Neelkanth Mishra Axis Bank We spoke about the tariff impact on India, how the uncertainty could continue , the Indian growth slowdown , talks of de dollarisation and lots more. Full interview drops today ✨
Sonia Shenoy158,262 Aufrufe • vor 9 Monaten
Sensex ends down 1600 points after the budget today. Sensex, Nifty 50 see worst budget day in six years.
Sonia Shenoy73,106 Aufrufe • vor 4 Monaten
“We have gone out on a limb and told all our clients , this is the time to be topping up and not worrying about the situation ” Ravi Dharamshi of ValueQuest tells me on The Money Mindset this week. We did a deep dive into the macro events, how energy security is a big theme to watch and why he believes govt needs to do something drastic to get foreign flows back to move from vicious to virtuous cycle.
Sonia Shenoy36,198 Aufrufe • vor 1 Monat
This is not a great signal to give foreign investors The real problem in India is overtaxation. STT was meant to remove capital gains tax But now it is double taxation Foreign investors have removed billions of dollars from india yet this budget hiked STT on F&O while keeping steep LTCG and STCG untouched. This not only punishes local traders but makes India less attractive to foreign capital. Mohit Gang
Sonia Shenoy71,052 Aufrufe • vor 4 Monaten
“My current hypothesis is that AI improves productivity by a large amount for software developers but it does not take away the need for people to implement these things” says Rajeev Thakkar of PPFAS when asked about his decision to buy into beaten down tech names. He says whenever something becomes cheap, demand simply explodes and that’s the reason he is bullish on tech names. Thoughts ? 💭
Sonia Shenoy30,830 Aufrufe • vor 1 Monat
A common shareholder angst is new age startups that report losses for years suddenly turn profitable pre ipo. Amidst all the backlash around inflated profits and steep valuations , Peyush Bansal says that Lenskart will continue to be profitable in the years to come and they are committed to creating wealth for shareholders.
Sonia Shenoy103,593 Aufrufe • vor 7 Monaten
“India has repaired its economy beautifully. We have the best banking system in the world , our fiscal deficit is one of the best managed and our debt to GDP is one of the lowest in the world” says Vikas Khemani of Carnellian Advisors Full conversation out now ✨ Great chatting with you as always. Thank you for your time Vikas Khemani
Sonia Shenoy54,449 Aufrufe • vor 3 Monaten