How to Create Wealth? | CEO of HDFC AMC reveals mutual fund investing secrets | Ft. Navneet Munot
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- Опубліковано 16 лип 2024
- In the latest episode of the podcast, Create Wealth with Sandeep Jethwani, we feature one of the most distinguished leaders in the mutual fund industry - Navneet Munot, CEO and MD of HDFC AMC and Chairman of the Association of Mutual Funds in India (AMFI).
With over 30 years of experience in financial services, Navneet has transitioned from a fund manager to a CEO, significantly contributing to the mutual funds’ growth story in India.
Navneet shares his deep understanding of mutual funds and how Indians are investing today, offering invaluable insights on wealth creation.
Timestamps:
00:00 - Introduction
01:46 - Why did markets react the way they did after elections?
05:38 - Are domestic investors compensating for exiting foreign investors?
11:26 - Formula for creating wealth in the long run
17:00 - 4 reasons why SIPs are very popular in India
18:56 - Where is investing in India headed in the next 20-30 years?
22:20 - The importance of regulations in mutual funds
24:01 - The impact of rising share of mutual funds as a proportion of bank deposits
27:28 - How are the wealthy investing differently compared to retail investors?
29:30 - Does greater access to information impact returns?
31:02 - What it takes to run one of the largest asset management companies in India
32:28 - How do you build an outstanding investment house?
34:18 - Navneet's journey of transitioning from fund manager to CEO
37:03 - Values to look for in a fund manager
38:17 - Priorities of AMFI under Navneet's leadership
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I like the part when he says ‘Indians are now owning India’s growth story’. It is a fresh perspective on the importance of Indians investing into stock markets reaping the returns instead of just foreign players and hedge funds. Loved the candid conversation, Sandeep.
I still don't understand why people do F&O. 55,000 Crores of wealth destruction annually is criminal!
Please use fand o only for hedging ur portfolio in cash of big events
@@MutualfundsahiHainbutkaunsa premiums were very high before big event. Its not as easy as it sounds. Better to stay away from f&o is best option
Still it surprises me why PPL are being trapped by themselves..😮
If someone is losing money in F&O another is gaining the same amount. Think of it like this.
Net net money is getting transferred from the loser to winner..
Nothing is bad. Just need to select our winning horses.
Thanks for your efforts. Indians must aim to be rich and buying good stocks and staying with them for long is way forward to become wealthy. Govts/ organizations should help common people that saving and investing money from early years of life is a must to fight poverty and mediocre life. One can be really wealthy with early investing and in fact financial literacy should be taught from middle school say from 12 years itself as a compulsory subject. Every Indian is taught how to fish than fish is given to him in the form of monthly ration to crores of families. Poverty should be zero in India and this should be the point in every political party's manifesto. Long live India and its visionary leaders.
WoW 55 thousand crores of Wealth destruction. This needs to be highlighted more and talked about more often in the social and financial discourse
Amazing insights from the journey spanning over a few decades!
The parallels drawn from the comparison with USA are very interesting!
A great podcast that delves into market insights, investor and market ideologies, and sets realistic expectations for the future.
This guy has very genuine intentions to serve people ..
Great work, Sandeep. The way you chime in and manage these shows is commendable. Fan of your communication skills !
It was worth watching. Very insightful
GREAT, OUTSTANDING, SUPERLATIVE.
FIRST INTERVIEW I WATCHED (LISTENED LIKE SCHOOL BOY OF FIRST STANDARD) IN MY LIFE AT THE AGE OF 77 NOW.
WONDERFUL
IT IS MY KARNA THAT I HAVE BEEN BLESSED TO HEAR THESE TWO GREAT SOUL STRIVE TO MAKE YOU TO BE MORE KNOWLEDGEABLE AND WEALTHY IN MIND ,THAT IS THE DIFFERENCE.
LET GOD BLESS THEM WITH LONG AND SOUND HEALTHY LIFE
SETHUMADHAVANR
Really intellectual conversation. The understanding and questions asked by Sandeep are on another level. Would love to watch more interviews in this channel
Super insights as always 💯💯
Watched complete 42 minutes without even skipping a second.listening to him was a fresh Breeze of air after listening to the BS of self made YT finfluencers
Excellent conversation !!
very informative.
Great interview full of insights
Interesting conversation. There is a lot of learn from these veterans!
Intellectual conversation.
Excellent
Watching for sure!
Ok Sakshi ji
9:00 please clarify Double taxation for uae ?? Uae doesn't have tax. Has Vat only. How does it work double taxation for UAE??
What was that answer about LTCG taxes? Jalebi?
When we all are talking about de-dollarization, why the hell are we still talking numbers in USD and not in INR? Somewhere people feel talking numbers in USD makes them cool or more Pro-Stuff! Remember, if you, the soft power of INDIA(Media/Journalists), are not Pro-India, then who will change this narrative ? I don't see us making any clear progress in Short term until we wipe off the idea that everything WESTERN is cool.
PS: Great content and show but just a feedback that we need to promote our currency and not Dollars. We have to talk everything about pro-India and nothing else.
Could have asked more personal finance questions for people, it became vague talk for retailers
Indians are going to invest a lots of their savings into stock market. They need guidance and hand holding and a lot of experts are doing their best to make small investors awareness of quality stocks and long term investment. Every Indian is having a bank account, pan card, demat and trading account in the coming years going from 5% to 50% in the next day hopefully. We love our country and we must love its people also by helping and cooperating with each other. Every dream can be achieved if we, 144 crore Indians give importance to our country first meaning India first. Unity, peace, progress, prosperity is what we all should work hardest for. Long live India.
Plz only don't invest, invest in fd also and spend, other wise economy and bank dub jayega
Population growth control is critical to improve per capita income.
12:05 - futures & options “investors”? 😂. No way they can be called investors.
Someone asked if F&O is like gambling. The right answer is : F&O is not “like” gambling. F&O is 100% gambling.
India should become more independent and not be reliant on US fed and economy. The brain drain should now be reversed and NR Indians should be offered MUCH better facilities to encourage them to come back and GROW OUR COUNTRY!!!@
First start paying good salaries and improve working conditions before coming here and ordering the youth to work for you.
USA is the largest source of FDI in India and you people always vilify them and run behind autocracies like Russia.
Look at Narayan Murthy blabbering about making people work more and more and make people work slaves
10000 per month for 29 years would be 17 cr ; at what rate! Are you sure!!!???
Who seen 29 yrs
21 percentage
Hdfc flexi cap delivered
29 years ke liye SIP karliya fir 29 years 1 day ke baad margaye toh ky fayda , my point is save but don't sacrifice for too long
The point is that you have to also look in the present and enjoy life as well so put the some amount in sip not all
And definitely you never know about the future but if you have dependency and loved one who can have benefit of that
1% log dekhte he english walo ko,
Either ypu are not expert or not telling truth . Derivatives trade 50000 crore daily and 99% of that money is kept. Market is taken up or down with daiky 1000 crore volume. Ita pure manupulatikns by big players to loot 99% money of the retail traders. Ao the manipulation allegation is right and actually more than 100 lakh crore has been moved out of country in last 10 years ONLY through derivatives.
What was that answer about LTCG taxes? Jalebi?
These guys are ruler pacifists. They won’t talk about how taxes have ruined the lives of middle class in India