Prime Podcast by PrimeInvestor PrimeInvestor.in

In this episode 17 of Prime Podcast, hosts Vidya Bala and Aarati Krishnan dive into the hot topic of soaring gold prices. With a staggering 24% increase in local gold prices over the past 6 months, including a significant 16% surge in just the last 3 months, investors are left wondering whether now is the right time to invest in gold. Join us as we explore the implications and considerations surrounding this surge in gold prices, offering insights and guidance for investors in this timely discussion.


Key segments in the podcast discussion:


Introduction: The episode focuses on soaring gold prices.
Drivers of Rally: Exploration of reasons behind the gold price surge.
Investment Strategies: Advice on navigating the current gold market.
Asset Allocation: Balancing gold and equity investments.
Mode of Investing: Choosing between investment options like Sovereign Gold Bonds and gold funds/ETFs.



PrimeInvestor Financial Research Private Limited is a SEBI Registered Research Analyst with Registration No.: INH200008653. Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. The securities quoted are for illustration only and are not recommendatory. The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. ⁠⁠⁠⁠⁠⁠⁠⁠⁠Disclosures & Disclaimers⁠⁠⁠⁠⁠.

In this 16th episode of the PrimeInvestor Podcast, Anush Raj and Chandrachoodamani introduce Prime Trends - Consumption, a new smallcase portfolio targeting the evolving consumer spending habits in India. They discuss the drivers behind this trend, such as rising per-capita income and e-commerce growth, and the portfolio's strategy, which focuses on established brands, emerging opportunities, and consolidation plays. The discussion highlights the current market environment, where corrections in certain consumer sectors have created attractive entry points for investors. Listeners are invited to explore the smallcase and enjoy a special discount mentioned in this episode, making it an opportune time to invest in the consumption theme.


Key segments in the podcast discussion:


Introduction to Prime Trends - Consumption smallcase
Discussion on the shift towards premiumization in consumer goods
Factors driving discretionary spending growth in India
Portfolio strategy focusing on qualitative factors over valuations
Categorization of stocks into buckets based on business maturity and growth potential
Timing of the consumption theme: Current market corrections offer entry opportunities
Emphasis on following specific consumer spending shifts for investment success
Importance of e-commerce penetration in capturing rural consumption
Outlook on the future of consumption trends in India


PrimeInvestor Financial Research Private Limited is a SEBI Registered Research Analyst with Registration No.: INH200008653. Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. The securities quoted are for illustration only and are not recommendatory. The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. ⁠⁠⁠⁠⁠⁠⁠⁠Disclosures & Disclaimers⁠⁠⁠⁠⁠.

In this 15th episode of the Prime Podcast, Vidya Bala and Bhavana Acharya engage in a dynamic conversation with Satish Ramanathan, CIO of JM Financial fund house. With three decades of market experience, Satish discusses the current bull run, cyclical sectors, and long-term growth prospects. He shares his thoughts on strategic opportunities in sectors like pharma and chemicals, navigating cyclical investments, evolving consumption trends, and JM Financial AMC's equity fund strategies. The discussion also delves into market valuations, offering valuable insights for investors.



Key segments in the podcast discussion:


Introduction - Meet Satish Ramanathan, CIO of JM Financial fund house.
Satish Ramanathan's Take on the Present Rally - Satish discusses his perspective on the current market rally.
Regulatory & Strategic Factors - Exploration of the regulatory and strategic factors influencing the markets.


Electronics & Import Substitution - Opportunities in electronics and import substitution.
Timing Cycles - Insights and wisdom on timing market cycles.
'Buy & Hold' Cyclicals? - Viability of 'buy-and-hold' strategies for cyclical investments.
Banking & Finance Cycles - Examination of cycles in the banking and finance sectors.
Valuations - Evaluation of market valuations and potential concerns.



PrimeInvestor Financial Research Private Limited is a SEBI Registered Research Analyst with Registration No.: INH200008653. Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. The securities quoted are for illustration only and are not recommendatory. The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. ⁠⁠⁠⁠⁠⁠⁠Disclosures & Disclaimers⁠⁠⁠⁠⁠.

In the 14th episode of the Prime podcast, host Vidya Bala delves into "What I Learned about Investing from Darwin" by Pulak Prasad, founder of Nalanda Capital, where he merges evolutionary biology with investment principles. Prasad's book offers a window into Nalanda Capital's hugely successful investing philosophy. Vidya delves into this investing philosophy that is based on the following three simple principles avoiding big risks, buy high-quality at fair prices, and don't be lazy but be very lazy.

Vidya cites interesting analogies in the book, comparing and contrasting the investing process with evolutionary biology, to highlight valuable and insightful takeaways for investors.

PrimeInvestor's analyst Chandrachoodamani reviewed this book a couple of weeks ago and you can read it here: Book review: Unlocking Nalanda Capital’s best guarded investment formula.  



Key segments in the podcast discussion:

Book's Significance: "What I Learned about Investing from Darwin" sheds light on the success of Nalanda Capital, offering insights for investors navigating the financial world with prudence.
Nature's Wisdom: By blending nature's principles with investment strategies, Prasad offers a unique perspective for investors, both experienced and new.
Three Key Principles: Pulak Prasad's book talks about following three key principles - avoiding big risks, acquiring high-quality at fair prices, and maintaining a diligent yet patient approach to investing.
Conclusion: Key takeaways for investors seeking extraordinary results in their investment journey.


PrimeInvestor Financial Research Private Limited is a SEBI Registered Research Analyst with Registration No.: INH200008653. Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. The securities quoted are for illustration only and are not recommendatory. The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. ⁠⁠⁠⁠⁠Disclosures & Disclaimers⁠⁠⁠⁠⁠.

In the 13th episode of the Prime Podcast, host Bhavana Acharya, explores the financial landscape's complexities, focusing on the surge of New Fund Offers (NFOs) and the emergence of new Asset Management Companies (AMCs). With a discerning perspective, Bhavana raises essential questions, urging listeners to approach these opportunities with caution. She differentiates the success in Portfolio Management Services (PMS) from mutual funds, offering valuable insights into the nuances of passive-focused AMCs, emphasizing the need to avoid hasty decisions solely based on cost considerations. The podcast takes a practical turn as Bhavana dispels misconceptions about NFOs, categorizing them into four types, and guides investors through the associated risks and rewards. The episode culminates with Bhavana's three crucial questions, providing a strategic framework for listeners to contemplate before navigating the dynamic landscape of fund offerings in the financial market.



Articles referenced in the article:


Should Indian investors consider investing in US Treasury funds?
NFO review: IDFC US Treasury Bond 0-1 year Fund of Funds



Key segments in the podcast discussion:

1. Market Surge Analysis: The podcast examines the recent surge of 200+ New Fund Offers (NFOs) and the rise of Asset Management Companies (AMCs) in the past year.

2. AMC Caution: Listeners are advised to exercise caution, considering the potential disparity between success in Portfolio Management Services (PMS) and mutual funds, as illustrated by relevant examples.

3. Passive Investing Insight: Practical guidance is offered on selecting the right index and avoiding blind reliance on low costs when considering passive-focused AMCs.

4. NFO Timing Realities: NFOs are categorized into four types, emphasizing the limited benefits of investing during an NFO and dispelling common misconceptions.

5. Pragmatic Investment Considerations: Listeners are encouraged to ponder three crucial questions before diving into NFOs, providing a strategic framework for navigating the dynamic financial market.

6. Evaluation Metrics: The podcast explores the significance of index selection in passive-focused AMCs, cautioning against assuming that low costs alone make a fund worthwhile.

7. Risk Awareness: The podcast navigates through the risks and rewards associated with different NFO types, empowering investors to make informed decisions amid market complexities.

8. Historical Insights: Using relevant examples, emphasis is placed on the need for a discerning approach when evaluating new AMCs, highlighting the importance of understanding past performance.



PrimeInvestor Financial Research Private Limited is a SEBI Registered Research Analyst with Registration No.: INH200008653. Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. The securities quoted are for illustration only and are not recommendatory. The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. ⁠⁠⁠⁠⁠Disclosures & Disclaimers⁠⁠⁠⁠⁠.

In this 12th episode of our Prime Podcast, Vidya Bala is joined by Aarati Krishnan and a distinguished guest, K N Sivasubramanian, the former CIO of Franklin Templeton India for equities. With a rich history as one of the most successful and humble fund managers in the Indian financial industry, K N Sivasubramanian brings a wealth of insights to the discussion. The podcast explores various facets of the market, including the contrasting global and Indian market conditions, the role of interest rates, the viability of passive funds, and the potential sectors and themes that hold opportunities for investors.



In this engaging episode, Aarati Krishnan and K N Sivasubramanian delve into the complexities of the financial world, offering a comprehensive view of market dynamics and investment strategies. Whether you are a novice or a seasoned investor, this podcast provides valuable insights and expert perspectives on navigating the ever-evolving financial landscape.



Key segments in the podcast discussion:


Navigating Market Signals: Analyzing the Divergence Between Global and Local Market Indicators.
Cash Calls for Retail Investors: Exploring Whether Retail Investors Should Consider Cash Positions in Their Portfolio and the Implications.
The Passive Approach: Examining the Role of Passive Funds in an Investor's Portfolio and Their Potential Benefits.
Sector Selection Strategy: Identifying the Key Sectors and Themes with Investment Opportunities in the Current Market.
Global Exposure: Assessing the Importance of Investing in the US Market and the Potential Advantages.
Profit Maximization Dilemma: Deciding Between Booking Profits in High-Performing Stocks or Holding Steady.
Positioning for Success: Insights into How Fund Managers Determine Position Sizes in Various Stocks.
Fund Selection and Decision-Making: Understanding the Process of Choosing Funds and Making Informed Selling Decisions.
Investment Insights: Exploring K N Sivasubramanian's Notable Hits and Misses in His Illustrious Career.



Books mentioned in this episode:


101/2 Lessons from Experience: Perspectives on Fund Management
What I Learned About Investing from Darwin



PrimeInvestor Financial Research Private Limited is a SEBI Registered Research Analyst with Registration No.: INH200008653. Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. The securities quoted are for illustration only and are not recommendatory. The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. ⁠⁠⁠⁠⁠⁠Disclosures & Disclaimers⁠⁠⁠⁠⁠.