26 episodes

Conversations about trading, investing, and personal finance with the smartest people in the industry.

Zerodha Educate Zerodha

    • Investing
    • 4.7, 30 Ratings

Conversations about trading, investing, and personal finance with the smartest people in the industry.

    A step-by-step guide to investing in mutual funds - part 1

    A step-by-step guide to investing in mutual funds - part 1

    Since Feb 2020, we've seen historic and unprecedented volatility in the Indian markets. We saw the fastest fall in the markets and also one of the fastest recoveries in the history of the Indian markets. All this was within a space of a few months. Surprisingly, we are seeing a sharp uptick in the number of new investors enter the markets, but the mistakes some of them are making are the same old ones. Over the past few months, we've had conversations with some of the most experienced participants in the markets to put this insanely volatile market phase in perspective.

    But we also realized that investors were lacking context on how to think about investing even before they put their first rupee to work. So we figured, there's no better time than this to do this. Given that Vidya has been interacting with investors for the better part of a decade in various capacities, we reached out to her and she graciously agreed to talk to us.

    In this conversation, Vidya talks to Prateek about:

    How to think about risk and reward when investing
    How to set goals and why a goal-based investing framework helps you invest better
    How to have returns expectations
    How do you figure out your risk tolerance
    What the hell is asset allocation, why it matters and how to figure out the right asset allocation for you
    Active vs passive funds
    How to pick an equity fund
    How to sort through the various styles of funds and how to include them in your portfolio
    Do's and don't when picking an active funds
    Growth vs dividend plans

    Once you have heard the conversation, you will have a framework on how to think about investing, why you need to invest, set goals and pick your first fund. 

    Do check out PrimeInvestor for some insightful perspectives on investing, fund selection, portfolio construction by Vidya and her colleagues. 

    You can also check out this LearnApp course on mutual funds. 

    In part 2 of the conversation, we'll talk about the right way to pick debt funds, rebalancing and portfolio maintenance.

    • 55 min
    Introduction to asset allocation with Radhika Gupta

    Introduction to asset allocation with Radhika Gupta

    In this episode, Prateek (Founder of LearnApp) caught up with Radhika Gupta, the CEO of Edelweiss Mutual Fund. Radhika started her career with McKinsey and later joined AQR - the pioneering quantitative asset manager. She then started her own hedge fund which was acquired by Edelweiss Financial Services in 2014. She also led the acquisitions of JP Morgan Mutual Fund and Ambit's AIF business and became the CEO of Edelweiss MF.

    In this wide-ranging conversation Radhika talks about: 

    Her experience at AQR
    Common behavioural mistakes that investors commit
    What is asset allocation why is it important
    Static vs dynamic asset allocation
    Decodes balanced advantage funds, how they work, the various models etc
    What are equity savings funds and how do they work
    What makes Bharat Bond ETF special and the advantages
    How she invests personally 

    and a whole lot more...

    Please enjoy this conversation with Radhika. Do let us know your feedback by tweeting to us @zerodhaonline. 

    • 43 min
    How to build a robust long term portfolio for all markets

    How to build a robust long term portfolio for all markets

    As we publish this episode the markets continue to remain volatile and the Nifty 50 and Nifty Midcap 100 are down about 25% while the Nifty Smallcap 100 index is down by 33% year to date. We understand that these can be nerve-wracking times for you. With that in mind, over the last couple of weeks, we've published conversations with some of the smartest and most experienced people in the Indian markets, people who've seen the previous bear phases. And in this episode, Prateek Singh (Founder of LearnApp) caught up with I. V. Subramaniam (Subbu), the MD, CEO & CIO of Quantum Advisors. Subbu has over 25 years of experience in the India markets and has pretty much seen every market phase in India, including the Harshad Mehta scam, dot com crash, the 2008 crisis among others. In this conversation, Subbu talks about:

    How got started in the markets
    What exactly was the Harshad Mehta scam and what he personally learnt from it
    What you shouldn't do in a bear market
    Common behavioural mistakes investors make
    How to build portfolios during such bear market phases
    How to avoid value traps if you are a direct equity investor
    His thoughts the underperformance of value style of investing
    Importance of asset allocation
    How he personally invests

    and a whole lot more. 

    Please enjoy this conversation with Subbu. 

    • 42 min
    Understanding what's happening in the debt markets with R Sivakumar

    Understanding what's happening in the debt markets with R Sivakumar

    Whenever there is volatility, equity markets get all the attention. Bonds typically don't move around as much as equities and hence they seem boring to most people. Moreover, the Indian bond markets are extremely shallow and are dominated by institutions. But the bond markets send far more useful and actionable signals about companies and the economy at large are far more insightful than movements of stock prices and indices. 

    And debt mutual funds, the most accessible products to retail investors are dominated by institutions and HNIs. And there are also a lot of misconceptions about the role of debt in portfolios. So, Prateek Singh (Founder of LearnApp) caught up with R Sivakumar, Head of Fixed Income at Axis Mutual Fund - THE best person to talk about all things debt and bond markets. 

    In this conversation we talk about:

    When happens in a bond market when the equity markets crash
    A birdseye view of the Indian and global economy as COVID-19 spread through the globe
    Factors that move bond prices
    RBIs recent actions to provide liquidity 
    Why do you need debt in your portfolio
    How not to choose debt funds
    Gilt funds and their use

    and a whole lot more...

    Please enjoy this conversation with Sivakumar of Axis MF. Please let us know your feedback on @zerodhaonline on Twitter or on iTunes ratings.  

    • 50 min
    The need for global diversification with Pratik Oswal

    The need for global diversification with Pratik Oswal

    One of the most prevalent yet ignored biases among investors is called the home country bias - the tendency of investors to invest all or most of their money in the country they live in. To give you some context, India is just 2% of the world marketcap - meaning a vast majority of the investment opportunities lie outside India. And old economy stocks dominate the Indian indices. We don't have the Indian listed equivalent of Apple, Google, Netflix, Amazon, Facebook etc, the biggest and most innovative tech companies in the world. 

    We've all been taught that we should diversify our portfolios across asset classes such as stocks, bonds, gold, real estate, etc. But In this wide-ranging conversation, Pratik Oswal, Head of Passive Funds at Motilal Oswal AMC talks to Prateek Singh (Founder of LearnApp) about:

    What is global diversification and why it is needed
    The opportunities and risks of global diversification
    What does depreciation of rupee means and how it adds to returns
    How to allocate to global funds in a portfolio
    Comparing the S&P 500 and the Nasdaq 100 index funds

    And a whole lot more...

    Note: We had recorded this podcast with Pratik before Motilal Had received the approval for launching the Motilal Oswal S&P500 Index fund. We recorded an extended conversation specifically about the new fund from the 41: 50 mark.  

    Please enjoy this conversation with Pratik Oswal of Motilal AMC. 

    We've also launched a Zerodha Paathshala, a Hindi Podcast. You can check out the latest conversations here. 

    • 59 min
    Investing through good and bad times with Kalpen Parekh

    Investing through good and bad times with Kalpen Parekh

    Since mid-February, there has been a sharp sell-off in the markets as the Corona Virus pandemic spreads through the globe. As we record this, Nifty 50 is down 25% while Nifty Mid-cap 100 and Nifty small-cap 100 indices are down by over 30% and 40% respectively. This is the sharpest fall in the markets since the 2008 financial crisis. And you might be worried about your investments. So, we decided to talk some really smart people who've seen various cycles in the Indian markets to bring you some perspective on what to do and what not to do.

    In this conversation, Prateek (Founder, LearnApp) talks to Kalpen Parekh, the President of DSP Mutual fund. Kalpen has over 2 decades of experience in the Indian markets. He was previously the Managing Director at IDFC Mutual Fund. He has also served in Birla Sun Life AMC and ICICI Prudential AMAC after beginning his career with L&T Finance.

    We had coincidentally spoken to Kalpen when there was some volatility in the markets last time, you can listen to the old episode here. 

    Apologies for the poor audio quality. Given the work from home situation, there was a drop in the quality. 

    • 46 min

Customer Reviews

4.7 out of 5
30 Ratings

30 Ratings

girN17 ,

Exactly what retail investors in India need - kudos to the Zerodha team!

As always, great initiave on investor education and awareness - kudos to the Zerodha team!
Ps - would love to listen to a podcast on Monetary Policy and tools central banks can use

zxcvbmasd ,

Thank you

Thank you very much... for me it is a lot useful session

Laxman Rathod ,

Good Initiative from Zerodha

Congratulations on gaining the top spot U guy deserve it keep it up. The varsity is very detailed and good for beginners to understand the stock market nuisance. Welcome for this new initiative was looking for investor podcasts on Indian markets from long time All the Best

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