Alternate Investment Portfolio Performance – April 2021

India is facing a sudden spike in covid-19 cases | The Economist
India Covid

Investment in Global markets was fruitful and stable this month after it was soothed somewhat by a continued dovish tone at the Fed’s FOMC statement and repeated claims that elevated inflation — the greatest concern for markets at present — would be transitory.
The mood was further supported by the continued unfolding of a record earnings season for S&P500 companies and above-expectation 1st quarter GDP readings in the US of 6.4% (annualized) that helped confirm the recovery was running ahead of schedule.
Indian market was in turmoil and lagged the global market due to bad wave of Coronavirus spread .The impact was much worse than last year as the Health infrastructure crumbled under the weight of bed demands from suffering patients.

My Alternate Investment Portfolio Performance

Bitcoin is showing resistance around 60k level but altcoins are in no mood to take a breather.Institutional interest continues to proliferate and remains central to the crypto market’s bullish outlook, with new legislation in Germany allowing for 4,000 existing investment funds (with a combined $1.8 trillion) to invest in Bitcoin and other cryptoassets from July 1 (if passed in parliament’s upper house) being the latest example.

Altcoin can be tricky as some of them without any fundamentals can go up but such behaviour can be seen in stocks (like oxygen).

oxygen stock meme

I recommend reading up on the popular altcoins before investing or choose a fund like Iconomi. Article on getting started with Crypto

Dogecoin Rips in Meme-Fueled Frenzy as Biggest Cryptos Struggle
Dogecoin euphoria

Yield Generation Alternate Investment Platform Performance (Annualized).

This month I have added 2 more yield platform to my portfolio viz; Lendbox and Pyse.

I have invested on Lendbox for settlement finance while Pyse for equipment leasing in green assets.

alternate assets

Capital Gain Alternate Investment Performance (Quarter Performance)

alternate assets

Structured Lending Investment

PlatformReturnNPA
GRIP Invest13% (post tax)Nil
Klubworks22%Nil
GrowFix11.00%Nil
Pyse
(referral code RANDOMDIMES01)
12%(post tax)Nil
  • This month added Pyse to portfolio. It is a a good addition to Grip. It provides liquidity which is a big positive
  • Wealthwint(Growfix) have completed their asset sale of INR 20 Cr in 51 days.
  • Grip has also come up with liquidity option for few deals
  • All my cashflow in ,Klubworks,GrowFix and Grip Invest are as per plan

New Deals

Pyse Assets
Pyse
Klubwork Deals
Klubworks
Gripinvest assets
Gripinvest deals

Invoice Discounting and Settlement Finance

PlatformReturnNPA
TradeCred12%Nil
Lendbox(settlement Finance)13%Nil

Some of my portfolio has been moved from P2P platforms to Lendbox settlement finance as the default risk is much lower as these are 1-2 days loans backed by bank receivables .This platform compliments Tradecred for smaller investment tickets.

New Deals

lendbox deals
Lendbox
tradecred
Tradecred

International Real Estate and P2P

PlatformReturnCurrent NPA
Crowdestor15%3.5%
EstateGuru11%
PeerBerry 10.50%
Evostate (Aggregator Platform)12%
Bulkestate12%
Lendermarket14%
RealT US High Yield Property(crypto based)11%Rental yield
Reinvest2411.5%Rent+capital gain
  • I think it’s a good time to invest out of India as rupee can weaken over a 2 year period.
  • I have stopped new loans on Crowdestor as there have been few delay in repayment

International Equity

People who are interested in investing outside USA can check out some of the below ETF

Crypto Lending Investing

PlatformReturn
Celsius Network 11.5%
BlockFi 8.6%
Youhodler12.7%
Vauld11.6%
  • My current yield across platforms including arbitrage is close to 14%
  • Binance has current BTC cash future arbitrage of 25%
  • Celsius is offering 40$ for depositing USDT (code 133908fe3e)

Crypto Investment

PlatformQuarter Return
Crypto Hedge Fund Iconomi160%
Crypto Hedge Fund Ember
Crypto Hedging DeribitHedging BTC gains
Bitcoin (Wazirx/Binance,)40%
  • Some altcoins like Binance coin went up due to increasing popularity of Binance infrastructure which provides cheap transfers.
  • Few altcoin went up due to craze among people to find next bitcoin
  • BTC option volatility has dropped and is a good time to hedge or buy upside

P2P Lending Investment

Current allocation:

  • Rupeecircle- 30%
  • I2IFunding- 35%
  • Finzy- 25%
  • Lendbox-10%
PlatformLoans Selected YieldNPA 
I2IFundingCooperative banks backed loans,E-Rickshaw backed loans,education loan,NBFC backed loans(Monedo etc) Group loans14%5%
Rupee CircleSmall business/salariedloans to people with own house and low EMI to Earning Ration16%5%
FINZY Prime Borrowers,High Salary ,A category14%3%
Faircent(Onlypool Loans/Education loans)credit pool loan11%1%
  • Due to second lockdown avoiding new loans unless there is more clarity
  • Moving some capital from Rupee Circle to Lendbox settlement finance loans

Other Assets

PlatformAssets
GoldFinXGoldMines
METEX Palladium/Platinum
Vinovest Exotic Wines
  •  Palladium prices have shot up over 20% since March 16 when top producer, Russia’s Nornickel announced that flooding at two of its mines would reduce output.
  • Gold has been in a bear market for long now ,and the current covid transport and mining restrictions are preventing GoldFinX to go up.

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