Here are the facts. There are 168 mutual fund schemes that have CRISIL rating of 2 or more. The average return of these schemes is 18.5% compared to Marcellus’s consistent compounder PMS return of 15.9% since its inception (1st December 2018). If a rank is to be given, Marcellus’s CCP would stand 122nd out of 169. So, it seems like they are in the bottom 30% rather than in the top 10% as claimed by Saurabhji.
Ven is talking of Mutual Funds while Lokesh is talking of PMS . MFs declare their holding as per SEBI. Ven has taken average best & worst of MF and compare them with Marcellus. Apple with Oranges . Median would be more apt than averages.
@@sbaskaran7638 The median return of 168 funds is 18%. The median return of funds that operate only in large caps is also 16.4% which is still better than Marcellus. Furthermore, it is not about comparison. It is that Saurabhji is claiming that they are in the top 10% of funds which is clearly not the case. They are in fact in the bottom 30%. If you check PMS returns over long terms, you will realize that they are also in line with mutual fund returns or 1 to 2% extra CAGR over the long term. However, because point-to-point returns are not available in the case of PMSs, I have compared mutual funds.
@@Lokesh_C-dl3gt If someone publishes their portfolio that does not guarantee that their investment philosophy is sound. As far as transparency is concerned, mutual funds also share their total portfolio. Furthermore, many PMSs also disclose their top 3 to 5 holdings. So, it is not the case that only Marcellus is transparent. Warren Buffett also did not disclose most of his investments in his partnership days, but that does not mean that he did not know how to invest. Buying overvalued stocks is actually an enemy of the word defensive. Sure, CCP stocks will never go to zero. They are exceptional companies with exceptional management. But still, if you pay a very high price, it might be a case where your return for many years could be lower than bank deposits and if that happens, will you still call it defensive? A fixed deposit of 8% would have provided a 47% return in 5 years which is very similar to Kotak Bank's share return of 45% (pre-dividend) and Page Industries' share return of 24% (pre-dividend). Buying at any price is not a defensive philosophy. Marcellus CCP is never keeping high cash with them and they always deploy cash in these 14-15 stocks because they naively believe that these well-known businesses are always available cheap (Which means the rest of the market participants including seasoned fund managers are blind and stupid enough that they cannot see these opportunities).
@@sbaskaran7638 Marcellus CCP is in the bottom 10% if we compare the last 3 years' PMS returns. Their rank would be 116th out of 127. Anyone can check the same on P M S A I F.
I have been an investor in Marcellus' PMS since June 2021. I have seen fund value go up, come down and stay down. I am disappointed with the current performance, but I think two years is too early to judge Team Marcellus. I have faith and will wait for many more years before changing my mind. Thankyou for the interview. I hope Team Marcellus will stay on course and will not get rattled by poor performance of their investment funds in the short term.
What i read in this response is hope driven by lethargy. Likelihood is that both will give in over a period of time. If you don't have any specific relationship with Mukherjee, better that they give in now...........will save you a lot of money
10000 crore PMS can earn 200 crore annually on fixed fee structure. 200 crore is for giving similar or lower than index returns. No doubt they should focus on teaching marketing to students.
Beautifullly done. How many times we see Saurabh being interviewed by TV journalists asking him stupid questions and wasting his and viewers’ time! Equally impressed by Saurabh’s unwavering, principled approach to investing. We continue to believe in him. All the best.
Absolutely loved this side of Saurabh and the line of questioning. I'm still a believer in Marcellus Philosophy and I will continue to invest accordingly. Wish him well!
truly a different flavored, insightful interview. Thanks to Larissa for asking such direct, yet concise questions, and giving all the time to Saurabh for answering.
I have been following Saurabh for the last few yrs .I think he is the only fund manager who gives u specific stocks and gives u the logic why he recommends them . I have invested in many of his recommended stocks and made money .
The problem is not 15% returns that his schemes normally generate, but his Big Bol Bacchan that he would utter 2-3 years back. "10X in 10 Years" used to be his favorite line in every webinar or interview to gather AUM. People/viewers will certainly criticize when he promises 26% returns & delivers only 15% Aajkal thoda thik ho gayi hai Team Marcellus, around 18% to 20% returns ki baat karne lage hai.
This is such an Amazing interview Larissa. At a totally different level and straight to the point questions. And I reckon Saurabh answered the questions quite eloquently. I seriously wonder these sort of videos should have 100 thousand views if not million. Thanks Larissa for such an awesome interview. Abhimanyu
He is right. He never said buy at any price. He said PE is irrelevant. However, once or twice he said that even 250 PE for some companies is ok. Furthermore, he never said like we are not buying this stock now because price is too high. So, in reality he is buying at any price and then he tries to justify valuation.
@@mekailazh We should always buy good management companies but should not give a premium because higher ROCEs and growth are the results of high-quality management. Giving a premium for quality management over and above accounting numbers is like double counting.
You can't really buy the same stuff that has done too well in the "past" in the name of quality. If you are not giving guaranteed returns, it better to choose those fund managers who truly take the risk to generate alpha. Actually, these guys haven't seen the lowest-highest commodity cycle ,Infra cycle, and PSU in their careers, which currently is generating relatively far more Alpha. What perplexes me more is that they now sell their duds a lot around the bottom instead of selling it during euphoria. GMM, La Opala, and now Relaxo, either u hold them for another upcoming cycle or try to book when the valuation is exorbitantly higher with overoptimism. It's not good when u sell if it corrects around 50%.
Good interview. Focusses on other aspects than what is well known. One thing has to be appreciated about marcellus, they are very transparent. Not like say Mr Shawarma, who keeps making enigmatic statements to suit every market condition and you can never really understand what is going on or pin him down. Terry Smith is a legend. learned so much from him. for instance why p/e ratios are misleading for long term growth companies, see Terry's Malta presentation. Also continue to have 2 crore in Marcellus copycat portfolio, not because I trust Saurabh, but because all the research he and Rakshit shared over the years, makes logical sense.
I've seen Suarabh Mukerjea saying that he will generate 10 times returns in 10 years. While many other managers like Prasanth Jain, Rajeev Takkar, Nilesh Shah etc just say that they are not sure how much they can generate and they will try their best. As a beginner in market I am not sure who is correct. But 10x in 10 years if true will be very great. I think for that he should generate 5x in next 5 years to achieve the goal of 10x in 10 yeara.That is 39 percentage cagr.
i visited his pms on pms bazar i didn't understand why would any one invest with his pms while returns are not upto the mark instead if some one invested in mid cap or small cap mutual fund return would be quite good without paying extra to this pms
We've some impact in modifying our mutual portfolio basing on Saurabh's insights, as we believe he brings logic and workable strategy in articulation but might not be suitable for highly short-term aspirations 😊
My friend gave his hard earned money of 50 lacs to marcellus and is trying to just recover his principal since 2 years. Shame on you saurabh and your tall claims. Do not play with our money
Despite all what he is saying which makes sense, most of their portfolios are not able to beat their benchmarks. To make matters worse, there has been a consistent erosion of AUM of Marcellus. As per SEBI data on PMS, Marcellus is consistently facing exodus of capital of approximately 110 crores per month from its AUM... and this figure is only showing a growing trend. I do appreciate their philosophy.. but eventually the end result of investment has to be returns. Devoid of returns, no philosophy will make any sense.
'One can buy a good company at any price. PE does not matter at all. All the money in India has been made and will be made in the top 20 Nifty and Sensex companies in India' - This was the motto of Marcellus. Now I laugh at myself as I once somehow believed in this bullshit.
“The market made up new standards as it went along by accepting the current price however high as the sole measure of value, any idea of safety based on this uncritical approach was clearly illusory and replete with danger”- Benjamin Graham, Securities Analysis(1934). Looks like Graham foresaw this cock and bull argument been put forward for buying at any price.
@@bloodthirstyworksKoe course bech Raha hai ya training de raha hai kon hote ho tum taka jhaki karne wale . Jake option gurus se maang jo paid training de raha hai
I believe and like many basic principles like ethical company and clean accounting...but one point i don't understand any P/E multiple value at any level investment. I think one-time investment may be doesn't matter much p/e value and holding for minimum 10-15 years.. ..but SIP mode p/e very much important....Also one doubt since they publish all there portfolio stocks...may be they sell stock at high price and buy low internally... eventhough they claim no selling and stay invested long... I believe 1. Ethical company 2. Clean management 3. Reinventing company 4. Invest in low price rather at any price
Give SM credit for packaging a imaginary moneymaking gravy train by putting up past performance charts, management ratings,etc published in books and in media....there will never be a shortage of gullible folk in the world. Masterclass sales pitch time after time to benefit family and friends
The saddest part in our lives is the need to see intelligent people having to suffer fools! I saw a comment here offering some statistics about Marcellus being ranked 122 pit of 169. Not sure if this is verified. So lets say it is, I would want my money with someone like Saurabh delivering me 15% average returns rather than others who apparently have given higher returns but have very poor investment portfolios consisting of weak stock index stories. If these guys have been plain lucky, I am confident given the changing scene in the country, only consistent logic built on clean, well run businesses will yield the returns that retail investors like me would want to see in the long term.
That depends on risk appetite, some like to invest in index too, some go for small case, some go by their insight, and some with PMS and mf. But his PMS is definitely not there in top 20 googled it myself.
Mocery is done when Marcellus rising giants is down 30 percent and still Marcellus has audecity to charge management fees --- day light scam --- rip marcellus
Reality is that Mukherjee lies thru his teeth and contorts facts to suit his narrative. I don't know about others but i can't trust money to a guy who's intellectually disingenuous. Performance comes later....
More we pay attention to speakers, more we get lost in words. Post covid its been 3 yrs- nifty went from 7500-20k. Rare in decades trend. All good/ bad companies went double to 10 times in price, and all of you saying few people struggle to even get 20%. I wonder what would be their returns if for few years nifty goes sideways. Whats the catch of these low returns?. Unlike mutual funds, pms should have been giving more than 50% as they carry few stocks. Is it blind entry at any price or more hidden charges or something else. There has to be some reason for this. I wonder what.
Price is what determines return. You can buy the best run company with the most exquisite analysis but if you pay too much you will lose money. As Buffett has said what makes sense at one price is completely absurd at another.
All said and done Saurabh’s net worth is several thousand crores and he has ten thousand clients. Serious investors pay close attention to his words. Plus he is the author of many books.
SEBI should ban Marcellus for loosing investor money , class action suit needs to be filed against Marcellus for refunding management fees bcoz instead of managing , they have mismanaged with our money
The problem with him, is that he is too hung up on certain product types, and potential growth in the years to come. While ignoring the major stories that are developing RIGHT NOW. And missing the opportunities to make money. Unless this team takes a different stand in the market, with a change in perspective, it doesn't look like they are going to get back in shape. And what's wrong with his hair? Just wondering...
He should stop giving gyan and do fundamental research. Drawing inferences from all random observations and converting that into unnecessary insights leads to such poor fund performance
His pms is a trap similar to realestate. Subdue return, too much marketing. At the end return matters irrespective of whether it's coming from mf or pms. Better invest in nifty 50 etf.
No he is like modi of stock exchange like black money jumla 15 lakh jumla 2 crore jobs jumla. Same like sayrabh mukherjea did as making investors dream for 2x returns in 3 years.
Marcellus just choose to close eyes , I am owner of limited company and also Marcellus investor --had they ever had courtesy to speak to us and refund management fees--if they just read UA-cam comments they will see mirror
This guy had maligned his image over the past year. Fund not performing ( in the bottom deciles) , and misleading the investors into buying his portfolio companies, and moving on from them.(case in point Relaxo, though I'm not an investor). Unless his fund starts to perform, he will have a difficult time facing the investor community. Marketing, fancy words and presentation skills can only get you so far, people are more aware of the facts now.
This is ridiculous!!! I remember Basant Maheshwari got into a lot of trouble with his clients, when he sold off his position in Hawkins Cooker. If I am not mistaken, Basant had a paid stock recommendation service, and his exit from Hawkins, without having informed his clients, was grossly unethical. Are you a client of Saurabh Mukherjea? Are you paying him for his recommendations? If not, he doesn't have to give you jackshit!!! He can update the public about his exit the next time he appears in the media, and that is what he did. He sold Relaxo, because he felt the story had changed post the pandemic. His original assumptions were less relevant in the changed scenario, and so he decided to walk out of the stock.
he is claerly lying on our face that he is in that top 10%, he is fooling guys, please check his pms performance , he is very good in selling, ultimately everyone knows how much u are making
Most of the MFs have done better than CCP. Check last 5 years returns ..... Unfortunately he believes in BAAP...buy at any price...no respect for market price, valuation ....wonder what made him buy Berger Paints, Lal Pathlabs , TCS specifically TCS at its worst ....
Here are the facts. There are 168 mutual fund schemes that have CRISIL rating of 2 or more. The average return of these schemes is 18.5% compared to Marcellus’s consistent compounder PMS return of 15.9% since its inception (1st December 2018). If a rank is to be given, Marcellus’s CCP would stand 122nd out of 169. So, it seems like they are in the bottom 30% rather than in the top 10% as claimed by Saurabhji.
Ven is talking of Mutual Funds while Lokesh is talking of PMS . MFs declare their holding as per SEBI.
Ven has taken average best & worst of MF and compare them with Marcellus. Apple with Oranges . Median would be more apt than averages.
He is a glib Liar
@@sbaskaran7638 The median return of 168 funds is 18%. The median return of funds that operate only in large caps is also 16.4% which is still better than Marcellus. Furthermore, it is not about comparison. It is that Saurabhji is claiming that they are in the top 10% of funds which is clearly not the case. They are in fact in the bottom 30%. If you check PMS returns over long terms, you will realize that they are also in line with mutual fund returns or 1 to 2% extra CAGR over the long term. However, because point-to-point returns are not available in the case of PMSs, I have compared mutual funds.
@@Lokesh_C-dl3gt If someone publishes their portfolio that does not guarantee that their investment philosophy is sound. As far as transparency is concerned, mutual funds also share their total portfolio. Furthermore, many PMSs also disclose their top 3 to 5 holdings. So, it is not the case that only Marcellus is transparent. Warren Buffett also did not disclose most of his investments in his partnership days, but that does not mean that he did not know how to invest. Buying overvalued stocks is actually an enemy of the word defensive. Sure, CCP stocks will never go to zero. They are exceptional companies with exceptional management. But still, if you pay a very high price, it might be a case where your return for many years could be lower than bank deposits and if that happens, will you still call it defensive? A fixed deposit of 8% would have provided a 47% return in 5 years which is very similar to Kotak Bank's share return of 45% (pre-dividend) and Page Industries' share return of 24% (pre-dividend). Buying at any price is not a defensive philosophy. Marcellus CCP is never keeping high cash with them and they always deploy cash in these 14-15 stocks because they naively believe that these well-known businesses are always available cheap (Which means the rest of the market participants including seasoned fund managers are blind and stupid enough that they cannot see these opportunities).
@@sbaskaran7638 Marcellus CCP is in the bottom 10% if we compare the last 3 years' PMS returns. Their rank would be 116th out of 127. Anyone can check the same on P M S A I F.
I have been an investor in Marcellus' PMS since June 2021. I have seen fund value go up, come down and stay down. I am disappointed with the current performance, but I think two years is too early to judge Team Marcellus. I have faith and will wait for many more years before changing my mind. Thankyou for the interview. I hope Team Marcellus will stay on course and will not get rattled by poor performance of their investment funds in the short term.
RIP
What i read in this response is hope driven by lethargy. Likelihood is that both will give in over a period of time. If you don't have any specific relationship with Mukherjee, better that they give in now...........will save you a lot of money
Invest some portion of your investment in any nifty 50 etf. And then compare result.
His pms has done quite bad since inception, yet to beat index.
Always have a pleasure to listen Sourabh Mukherjia.The great author , analyst.Thanks for the views.
10000 crore PMS can earn 200 crore annually on fixed fee structure. 200 crore is for giving similar or lower than index returns. No doubt they should focus on teaching marketing to students.
Beautifullly done. How many times we see Saurabh being interviewed by TV journalists asking him stupid questions and wasting his and viewers’ time! Equally impressed by Saurabh’s unwavering, principled approach to investing. We continue to believe in him. All the best.
Quality interview, unlike mainstream interviews asking for stock tips
Thanks for sharing your views.
Larissa.
Absolutely loved this side of Saurabh and the line of questioning. I'm still a believer in Marcellus Philosophy and I will continue to invest accordingly. Wish him well!
What a wonderful piece of discussion with no bull shit talk. Thanks for bringing out such onformative dicussion.
Thanks Dinesh.
larissa
I liked this interview.
Saurabh comes on Many news channels but but this was different and deep .
Hat's off to the host ..this sort of questions were really needed to be asked and i have never seen anyone asking him the tough questions
Yes bold questions
truly a different flavored, insightful interview. Thanks to Larissa for asking such direct, yet concise questions, and giving all the time to Saurabh for answering.
I have been following Saurabh for the last few yrs .I think he is the only fund manager who gives u specific stocks and gives u the logic why he recommends them . I have invested in many of his recommended stocks and made money .
What an incredible interview. It's just delightful to hear Saurabh every single time.
Larissa finally someone had the balls to ask Saurabh Mukherjee some hard facts... Kudos to u
You can't use that metaphor for a woman
@@swaditi1 😂😂😂😂
she doesnt have balls, dont insult her
The problem is not 15% returns that his schemes normally generate, but his Big Bol Bacchan that he would utter 2-3 years back. "10X in 10 Years" used to be his favorite line in every webinar or interview to gather AUM.
People/viewers will certainly criticize when he promises 26% returns & delivers only 15%
Aajkal thoda thik ho gayi hai Team Marcellus, around 18% to 20% returns ki baat karne lage hai.
This is such an Amazing interview Larissa. At a totally different level and straight to the point questions. And I reckon Saurabh answered the questions quite eloquently. I seriously wonder these sort of videos should have 100 thousand views if not million. Thanks Larissa for such an awesome interview.
Abhimanyu
I agree. Good one Larissa.
He is right. He never said buy at any price. He said PE is irrelevant. However, once or twice he said that even 250 PE for some companies is ok. Furthermore, he never said like we are not buying this stock now because price is too high. So, in reality he is buying at any price and then he tries to justify valuation.
Hahaha
As if companies in the West all have clean management and Chor are only in India
@@mekailazh We should always buy good management companies but should not give a premium because higher ROCEs and growth are the results of high-quality management. Giving a premium for quality management over and above accounting numbers is like double counting.
@@1902Ven longevity premium
Great way how Larissa guided the interview and absolutely very good insights from Saurabh
Really nice interview . Hard questions and candid answers .
Glad Larissa / You nailed it finally!
You can't really buy the same stuff that has done too well in the "past" in the name of quality. If you are not giving guaranteed returns, it better to choose those fund managers who truly take the risk to generate alpha.
Actually, these guys haven't seen the lowest-highest commodity cycle ,Infra cycle, and PSU in their careers, which currently is generating relatively far more Alpha.
What perplexes me more is that they now sell their duds a lot around the bottom instead of selling it during euphoria. GMM, La Opala, and now Relaxo, either u hold them for another upcoming cycle or try to book when the valuation is exorbitantly higher with overoptimism. It's not good when u sell if it corrects around 50%.
Who told you they sold GMM?
Good interview. Focusses on other aspects than what is well known. One thing has to be appreciated about marcellus, they are very transparent. Not like say Mr Shawarma, who keeps making enigmatic statements to suit every market condition and you can never really understand what is going on or pin him down.
Terry Smith is a legend. learned so much from him. for instance why p/e ratios are misleading for long term growth companies, see Terry's Malta presentation. Also continue to have 2 crore in Marcellus copycat portfolio, not because I trust Saurabh, but because all the research he and Rakshit shared over the years, makes logical sense.
Very good questions and very good answers as expected...
Thanks sourav for suggesting best stocks but I do buy when current pe is atleast lower than 5 year median pe.
I've seen Suarabh Mukerjea saying that he will generate 10 times returns in 10 years. While many other managers like Prasanth Jain, Rajeev Takkar, Nilesh Shah etc just say that they are not sure how much they can generate and they will try their best.
As a beginner in market I am not sure who is correct. But 10x in 10 years if true will be very great. I think for that he should generate 5x in next 5 years to achieve the goal of 10x in 10 yeara.That is 39 percentage cagr.
Interviewer ne to kamal kar diya, khaas taur se echo chamber wala question.
Excellent questions asked...
Excellent questions.
He is honest that is rare . That is why we loved him
Amazing Interview!
what stocks he suggested?????
Then why did you sell Relaxo😂
While people keep slamming but I have seen many 5 star analysts picking up cues from his research without attributing credit to him.
i visited his pms on pms bazar i didn't understand why would any one invest with his pms while returns are not upto the mark instead if some one invested in mid cap or small cap mutual fund return would be quite good without paying extra to this pms
Sir ne jab se Tata Elaxi liye stock wahin pe ruk gaya 😂
We've some impact in modifying our mutual portfolio basing on Saurabh's insights, as we believe he brings logic and workable strategy in articulation but might not be suitable for highly short-term aspirations 😊
My friend gave his hard earned money of 50 lacs to marcellus and is trying to just recover his principal since 2 years. Shame on you saurabh and your tall claims. Do not play with our money
Equity investments need at least a 5 year view..if one has a shorter view better to stick with fixed income.
Disappointed by MFs and PMS, I haved decided that I will open my own Mutual Fund.
Please please please ask him to buy a better mic. Sometimes it becomes a bit difficult to understand what he's saying.
People night criticize him but the books that he has written will make you an investor for sure
His books couldn't even make him a good investor. And you think you have become wise after reading Coffee Can nonsense?
@@smeshnoymatvey2054he should write a book on marketing 😂😂😂😂😂
I suggest he should start sip with Nippon and quant to get meaningful return 😂😂😂😂
@@smeshnoymatvey2054 have you invested your money for 10 years.
Because as far as I know he talks about keeping your money for long term
Who was the cricket team captain and the freedom fighter?
I am wondering the same…
He is a Scion of Shyama Prasad Mukherjee and Ashutosh Mukherjee
Despite all what he is saying which makes sense, most of their portfolios are not able to beat their benchmarks.
To make matters worse, there has been a consistent erosion of AUM of Marcellus. As per SEBI data on PMS, Marcellus is consistently facing exodus of capital of approximately 110 crores per month from its AUM... and this figure is only showing a growing trend.
I do appreciate their philosophy.. but eventually the end result of investment has to be returns. Devoid of returns, no philosophy will make any sense.
'One can buy a good company at any price. PE does not matter at all. All the money in India has been made and will be made in the top 20 Nifty and Sensex companies in India' - This was the motto of Marcellus. Now I laugh at myself as I once somehow believed in this bullshit.
“The market made up new standards as it went along by accepting the current price however high as the sole measure of value, any idea of safety based on this uncritical approach was clearly illusory and replete with danger”- Benjamin Graham, Securities Analysis(1934). Looks like Graham foresaw this cock and bull argument been put forward for buying at any price.
I ve compounded my portfolio nearly 23 % for the last 9 years listening to all market analysts
Share verified pnl please...
@@bloodthirstyworkslol 😂😂
@@bloodthirstyworksKoe course bech Raha hai ya training de raha hai kon hote ho tum taka jhaki karne wale . Jake option gurus se maang jo paid training de raha hai
Good for you, RJ ji ka portfolio 21% se badha tha. Aapne to unko bhi peeche chod diya.
Its better not to blindly follow him. His strategy of buying high valuations stocks and most of the time they underperform.
Thanks
I believe and like many basic principles like ethical company and clean accounting...but one point i don't understand any P/E multiple value at any level investment. I think one-time investment may be doesn't matter much p/e value and holding for minimum 10-15 years.. ..but SIP mode p/e very much important....Also one doubt since they publish all there portfolio stocks...may be they sell stock at high price and buy low internally... eventhough they claim no selling and stay invested long...
I believe
1. Ethical company
2. Clean management
3. Reinventing company
4. Invest in low price rather at any price
Give SM credit for packaging a imaginary moneymaking gravy train by putting up past performance charts, management ratings,etc published in books and in media....there will never be a shortage of gullible folk in the world. Masterclass sales pitch time after time to benefit family and friends
The saddest part in our lives is the need to see intelligent people having to suffer fools! I saw a comment here offering some statistics about Marcellus being ranked 122 pit of 169. Not sure if this is verified. So lets say it is, I would want my money with someone like Saurabh delivering me 15% average returns rather than others who apparently have given higher returns but have very poor investment portfolios consisting of weak stock index stories. If these guys have been plain lucky, I am confident given the changing scene in the country, only consistent logic built on clean, well run businesses will yield the returns that retail investors like me would want to see in the long term.
That depends on risk appetite, some like to invest in index too, some go for small case, some go by their insight, and some with PMS and mf.
But his PMS is definitely not there in top 20 googled it myself.
Mocery is done when Marcellus rising giants is down 30 percent and still Marcellus has audecity to charge management fees --- day light scam --- rip marcellus
Reality is that Mukherjee lies thru his teeth and contorts facts to suit his narrative. I don't know about others but i can't trust money to a guy who's intellectually disingenuous.
Performance comes later....
More we pay attention to speakers, more we get lost in words.
Post covid its been 3 yrs- nifty went from 7500-20k. Rare in decades trend.
All good/ bad companies went double to 10 times in price, and all of you saying few people struggle to even get 20%.
I wonder what would be their returns if for few years nifty goes sideways.
Whats the catch of these low returns?. Unlike mutual funds, pms should have been giving more than 50% as they carry few stocks.
Is it blind entry at any price or more hidden charges or something else.
There has to be some reason for this. I wonder what.
Price is what determines return. You can buy the best run company with the most exquisite analysis but if you pay too much you will lose money. As Buffett has said what makes sense at one price is completely absurd at another.
Now sir is advocating value companies with reasonable price two years back only buy at any price BAAP
Markets change ppl
All said and done Saurabh’s net worth is several thousand crores and he has ten thousand clients. Serious investors pay close attention to his words. Plus he is the author of many books.
He makes money through commissions not investments. All his clients have lost money.
Refund our management fees and losses and write a apology letter
SEBI should ban Marcellus for loosing investor money , class action suit needs to be filed against Marcellus for refunding management fees bcoz instead of managing , they have mismanaged with our money
The problem with him, is that he is too hung up on certain product types, and potential growth in the years to come. While ignoring the major stories that are developing RIGHT NOW. And missing the opportunities to make money. Unless this team takes a different stand in the market, with a change in perspective, it doesn't look like they are going to get back in shape. And what's wrong with his hair? Just wondering...
Exactly bro.... Old discovered done and dusted stories......
He should stop giving gyan and do fundamental research. Drawing inferences from all random observations and converting that into unnecessary insights leads to such poor fund performance
His pms is a trap similar to realestate. Subdue return, too much marketing.
At the end return matters irrespective of whether it's coming from mf or pms.
Better invest in nifty 50 etf.
Saurabh MUKHARJEA is the rahul Gandhi of the stock exchange
C'mon bro. That's too much 😂😂
Why abuse raga??😂
@@AS-mc8sl 🤣🤣
Raga the pappu you mean
No he is like modi of stock exchange like black money jumla 15 lakh jumla 2 crore jobs jumla. Same like sayrabh mukherjea did as making investors dream for 2x returns in 3 years.
Marcellus just choose to close eyes , I am owner of limited company and also Marcellus investor --had they ever had courtesy to speak to us and refund management fees--if they just read UA-cam comments they will see mirror
This guy had maligned his image over the past year.
Fund not performing ( in the bottom deciles) , and misleading the investors into buying his portfolio companies, and moving on from them.(case in point Relaxo, though I'm not an investor).
Unless his fund starts to perform, he will have a difficult time facing the investor community.
Marketing, fancy words and presentation skills can only get you so far, people are more aware of the facts now.
This is ridiculous!!!
I remember Basant Maheshwari got into a lot of trouble with his clients, when he sold off his position in Hawkins Cooker. If I am not mistaken, Basant had a paid stock recommendation service, and his exit from Hawkins, without having informed his clients, was grossly unethical.
Are you a client of Saurabh Mukherjea? Are you paying him for his recommendations? If not, he doesn't have to give you jackshit!!! He can update the public about his exit the next time he appears in the media, and that is what he did.
He sold Relaxo, because he felt the story had changed post the pandemic. His original assumptions were less relevant in the changed scenario, and so he decided to walk out of the stock.
Rajeev Bajaj, not Rajeev Jain!
Rajeev Jain is the CEO of Bajaj Finance. Sanjiv Bajaj is the promoter. Rajeev Bajaj is Bajaj Auto.
Marcellus entire portfolio's is on holiday rather than stocks going on holiday.
Baatey zyada kaam kam hai iska😂
Consistent compunder portfolio recovery kar raha hai enka baki sab PMS ki pitae hue hai 😂
he is claerly lying on our face that he is in that top 10%, he is fooling guys, please check his pms performance , he is very good in selling, ultimately everyone knows how much u are making
Someone please get his hair fixed.
Is mukharji bina wajah ki faltu baat karta hai isne titan relaxo v mart retail aur bhi bahut share purchase kra diye aur ek bhi nhi chalta
looks like a guy from a mental asylum
Look at his arrogance while answering despite such poor performance.
this guy speaks bullshit
Most of the MFs have done better than CCP. Check last 5 years returns .....
Unfortunately he believes in BAAP...buy at any price...no respect for market price, valuation ....wonder what made him buy Berger Paints, Lal Pathlabs , TCS specifically TCS at its worst ....
He will fade away
A poor fund with bad investments
What a good looking intelligent fellow