Sharat Khurana, the 46-year-old former CFO of InMobi and FreeCharge, has been making investments for about 18 years now, and began investing directly in equities around eight years ago. Today, while a part of his money is invested by a wealth manager, he invests a part of it personally. Although he had a demat account with Kotak Securities for several years, Khurana recently moved to online broking firm Zerodha. Even more recently, he started investing in smallcases.
Khurana, who heard of smallcases from his colleagues, bought his first smallcase early this year by investing ₹50,000 in a ‘Low Risk-Smart Beta’ portfolio that will help him earn passive returns on large-cap stocks. “From sign-up to pulling the trigger, I bought my first smallcase in less than 5 minutes,” says Khurana, who has invested ₹1 lakh in smallcases and plans to invest more.
THE PRODUCT
Smallcases are portfolios of stocks or exchange traded funds (ETFs) that are selected, created and weighted to reflect an idea, theme or strategy. While mutual fund portfolios are also built around themes, an investor in smallcases holds shares in their portfolio as against units. “The idea is to get retail investors to take a portfolio-based approach while investing in stocks, versus thinking about individual stocks,” says Vasanth Kamath, co-founder and CEO of smallcase, a platform where brokerages as well as Sebi-registered research analysts, investment advisors, portfolio managers and asset management companies create diversified portfolios for investors.
Denne historien er fra March 27, 2020-utgaven av Forbes India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra March 27, 2020-utgaven av Forbes India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Home-Cooked Meal Is Now Greatly Valued
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Paytm 3.0 - Reaching Near Breakeven In Two Years
As of 2020, Vijay Shekhar Sharma’s super app for financial services had run up losses in thousands of crores. Now, as digital payments gets yet another boost courtesy Covid-19, he’s hopeful of reaching near breakeven in two years
THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN
Covid-19 has shown that women are more likely to face the brunt of job losses than men, and find fewer opportunities when they want to resume. That apart, several have to deal with increased hours of unpaid work at home and even domestic abuse
LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE
Leaders must not only guard their teams first during a crisis, but also deal with stakeholders with respect and dignity. And apart from pursuing business goals, they should remain committed to our planet and the environment
PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST
Apart from building a flexible and resilient framework for the future, philanthropists, civil society and the government must work in tandem so that every rupee is absorbed on the ground
INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR
While clinical research will get a boost, having a skilled workforce and public spending on health care will be challenges in the near term
DIGITALISATION WILL HELP IN VALUE CREATION
As the pandemic brings technology and innovation to the core of business and daily life, the next decade will see about 150 million digital-first families in India
Industry 4.0: Climate Revolution?
Augmenting sustainability alongside digital capabilities is an economic, competitive and global opportunity for India’s businesses, but regulations need to reflect intent
EV Dream Still Miles Away
Electric vehicles have remained a buzzword in India for years. But not much has moved on ground due to high upfront costs, range anxiety and charging infrastructure
Living Waters
A virus has caused us to scramble for oxygen but our chokehold on the environment is slowly strangling the very waters that breathe life into us. The virus is a timely reminder: We are merely consumers, not producers of life’s breath on this planet
