Shreyas Patil

@NIKHILLJHA You are doing great work with health insurance. Your product differentiator is your claim support which many intermediaries do not provide or don't have the drive to serve like yours. I think you should start and market - counselling to investors online.

Buying health insurance is easy, Getting claim support from an agent is the most difficult part, Most of them will run away the minute ur health insurance claim is rejected, Claim support requires expertise and money to invest in. Be very, very careful and focus in an agent who will give u claim support. Because health insuracne is just too complex with too many conditions Example 101 of what we have been saying every day 👇

@deepakshenoy @_soniashenoy Sir, you need to consider the education or course inflation rate of that particular country you aspire your child to send for education plus currency depreciation or using Exchange Rate Pass Through.

I think that's a bit too high. If your child's education needs are say 50L per year TODAY, then in 15 years you'll need about 4.7 cr. for education (at 6% inflation) For a spend of 2L pm today, you'll need about 13.5 cr. in 20 years. An equity oriented plan might need about 1.5L pm if you start with 50L today. See a sample: plan.capitalmindwealth.com/shared/ad747c8…

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 ?

@_soniashenoy Just so that you are 100% in compliance in such shows, Next time you call someone please ask them to say the disclaimer that they or their company is or not a SEBI registered investment advisor. It will save a lot of people whether to heed the advice or not.

@sandeepjethwani God bless Dezerv and its clients. This Tweet is the reason we need a stringent license for wealth management. SEBI needs to make NISM RIA modules mandatory now even for MFDs and TV

If the 40 crore retirement number I shared shocked you, this post is for you. Here is what I said. If you are 40 today, spending 2 lakh rupees a month, with no EMIs to service, and you want to retire at 60, you will need 40 crore rupees. The comments had a lot of pushback. The number feels impossible. It is not. Let me show you why. Two assumptions drive this number. Inflation and life expectancy. Both are higher than what regular retirement calculators assume. Both are right. Start with inflation. Retail CPI in India is 5 to 6%. That is the inflation of atta, dal, and bus fare. It is not the inflation of an affluent household. Private healthcare in India runs at 12 to 14% every year. Domestic staff wages in metros are growing at 10 to 12%. Premium school fees, international travel, club memberships. All of these inflate between 8 and 10%. Blend them and you get 9%. That is the real inflation rate of an HNI lifestyle. Now life expectancy. Most Indians plan their retirement assuming they will live to 75 or 80. That is what national averages suggest. But national averages are pulled down by infant mortality and rural data. They have nothing to do with how long a healthy, affluent Indian actually lives. For a couple aged 65 today, there is a 71% probability that one partner reaches 85. A 44% probability that one reaches 90. Now the math. 2 lakh rupees a month at 9% inflation becomes 11 lakh 20 thousand rupees a month at age 60. That is an annual spend of 1.34 crore. Plan for 30 years of retirement. Your retirement portfolio which is focused on capital preservation (60% fixed income: 40% equity) earns 9%. Your Inflation is also 9%. Your real return is zero. So corpus needed equals 30 multiplied by 1.34 crore. That is 40 crore. Here is the good news. This number is not as far away as it looks. At 12% returns before retirement, 40 crore at age 60 translates to roughly 4 crore today for a 40 year old. The point of this message is not to scare you. It is to make sure you understand the silent erosion of purchasing power that inflation causes.

@ActusDei ETFs were not in the list.Sometime back there was a huge divergence in returns of Motilal Oswal nasdaq 100 ETF vs nasdaq 100 index itself due to RBI Ceiling. Now it seems to have aligned with its index plus rupee depreciation.

Kotak MF joins the overseas fund shutdown club 🚫 Lumpsums & new SIPs in its 4 overseas FOFs stop from April 30, 2026. Only ₹1L/PAN/month gets through. The RBI overseas investment limit pressure is real. See which AMCs are still open on the thefynprint share.google/Fzvhv0Etk1xOkX…

@gharkekalesh @TheOfficialSBI what stopped you from treating Vijay Mallya like this outside the airport 10 years back.

Shock in Pune’s Hadapsar 15 No. Chowk: Private finance recovery agents brutally beat a man on the street in front of his wife over credit card dues.

@_RituSingh @WisprFlow Why is there no glass on the back side. It's a complete blind spot for riders and car drivers behind.

Uh oh. Traffic jams sponsored by @WisprFlow

@ActusDei Our currency will be at free fall if liberty to invest abroad is allowed and it's consequences on the economy. Per capita income of china is higher than india so 50k ceiling makes sense. For 250k ceiling I think it's per year per PAN is more than enough to control the rupee.

Madam, we have a Constitution & that document guarantees us rights! Articles 14, 19 & 21 - life, liberty, equality & various other freedoms. Govt can pass laws but they must pass muster under the Constitution of India. Also just imagine what message such measures will send out.

@RijhwaniSheetal Kotak neo does not hold investors shares in their own account it's safe with depositories even if it defaults. The real safety of traders capital .i.e collateral is what no body is talking about. Kotak has 78000 crores of MTF book compared to 10000 cr networth.

Safety of capital is the foundation of wealth. Great to see #KotakNeo putting it front and center for the community.

@Ashish1Nanda There has never been any doubt safeguards in place by top brokers however this metric of networth per client makes no sense. Real stress as in US markets should be the complete MTF book becoming illiquid.i.e. day on day lower circuits- don't even leave A group shares (doomsday)

What SEBI is largely implying with the consultation paper is that net worth has to be in line with how many active clients a broker services. Whatever the safeguards, net worth can never be ignored when it comes to safety of investor capital. At ₹67,500 net worth per active client, #KotakNeo continues to be on top and by far. Full-service. Bank-backed. Digital. Built for the long run.

@Nithin0dha Agree to rest of all the points but when it comes to valuations India will most probably be always at a premium than all the other countries mentioned here. The addressable market in India for major consumer products and services is very high.

Asked someone from the industry whether foreign investors are still interested in allocating to India. The TLDR: Interest has pretty much died out. India is seen as geopolitically exposed, especially to an oil shock. There are no real AI plays. Valuations are rich. And the rupee situation doesn't help. On top of that, investors who were sitting on gains have taken money off the table and are now looking at markets like Japan, Taiwan, Korea, Europe etc instead. He also pointed out that our LTCG/STCG structure and the increase in STT have made India less attractive compared to other markets that are seeing inflows. If we need to attract FPIs back, and we do, fixing this feels like pretty low-hanging fruit.