Alternate Investment Portfolio Performance – March

The Ever Given is stuck: Laugh along with these Suez Canal crisis memes –  Film Daily

Alternate Investment Summary

After last month’s frantic volatility in traditional markets, things were significantly calmer, with most stock indices globally edging down under the weight of a stronger dollar — driven largely by euro weakness as we continue to see disappointing pandemic news from the region. We continue to see a rotation away from growth stocks, including tech companies, into value stocks. Suez Canal blockage was an event making us realize the fragility of the world economy and the unknowns we can never factor in our projections. The blockage is estimated to have costed the global economy $54 Billion in 6 days!

In another incident Hedge Fund Archegos is on the verge of collapse due to margin issues. Global banks may lose out on more than $6 billion as Archegos Capital Management — run by former Tiger Asia hedge fund manager Bill Hwang — triggered a fire sale of stocks.

 These incident show how small events can end up triggering major financial collapse

My Alternate Investment Portfolio Performance

Latest Portfolio Allocation March’21

The stock market has suddenly become volatile. IPOs have started doing less well. People have started developing some fear of uncertainty. Stock market during bull cycles follows “Greater Fool Theory” until the day it doesn’t.

The Greater Fools Theory in Investments | TheWealthWisher (TW2)

Yield Generation Alternate Investment Platform Performance (Annualized).

My Returns in yield assets have been pretty much consistent with last month.

High Yield

Capital Gain Alternate Investment Performance (Quarter Performance)

alternate Investment

After a long time Equity showed stagnation this month. I suspect volatility will become more prevalent in future for both Crypto and Equity as valuation are expensive and low interest environment seem to come to an end in a year

Revenue Based Financing – Klubworks

PlatformReturn
Klubworks22%

Now I have Received 4 cashflow on time with IRR of 24%. Upcoming deals on platform are below. The deals get invested very quickly hence if there is a good deal you should immediately show interest.

My criteria to select deals is to select brands which have raised funds recently or which have very consistent cashflow!

Klubwork deals

Through the link from this blog you can invest INR 2.5 lakh instead of INR 5 lakh as minimum amount.

Securitized Debt Investing – GrowFix

GrowFix has now been renamed as WealthWint, Loan against vehicle loan product is still available on the platform. Growfix has larger tranche sized compared to Grip hence we should expect around 1 deal a month. Also you start accruing interest on the day you invest in the asset.

PlatformReturn
GrowFix10-11%
GrowFix vehicle Loan

Alternate Investment Leasing- GripInvest

I Have now completed 8 months with no delay in cashflow.

if you want to invest INR 2.5 Lakh plus and get tax exempted IRR of 20% + you need to drop the team a mail or alternately you can mail me and I will connect with team.

I recently invested in another deal for BigSpoon. I am focussing more on deals with tenor of 2 years for B2C clients while B2B clients can have higher tenor as cash burn is less for B2B and hence lower risk

PlatformReturn
Grip Invest 13%(Tax Free)
GripInvest Bigspoon

Alternate Investment TradeCred

Recently few 12%+ IRR deals on the platform were listed on account of Holi. The reason being lot of company have to close books of account and do not mind paying extra yield during financial year end to cash their invoice.

Settlement Finance deal was also available which has lower risk than invoice discounting

TradeCred Settlement Finance

International Alternate Investment Portfolio

Tether at the moment is 73.6 on Wazirx which is just 1% over the USD rate and hence it is quite efficient to transfer money to EURO IBAN accounts now.

PlatformReturnCurrent NPA
Crowdestor16%3%
EstateGuru11%
PeerBerry 10.50%
Evostate (Aggregator Platform)12%
Bulkestate12%
Lendermarket14%
RealT US High Yield Property11%Rental yield
Reinvest2411.5%Rent+capital gain

If someone is starting to invest then Evostate is very convenient as it provides access to multiple platforms. Lendermarket and PeerBerry  are good for short term P2P .

Analysis on Evostate of all the Real Estate Originators

Evostate Originators

Equity/REIT Portfolio

The recent Archegos fiasco gave everyone shiver. This is the tip of iceberg considering the amount of margin debt utilized in USA.

Margin Lending USA

Alternate Investment and Altcoin Interest Account

Celsius Network  and Youhodler are the top performer with yield close to 12%. Youhodler has recently increased yield to 12.7% on USDT ! I keep buying Tether when USDT/INR rate goes down and park it in Youholder. When yield goes up I transfer it back to INR. This way I end up making 15%+ Annual Yield. Now BEP2 transfer are available on Youhodler and you can transfer USDT for 1 USD fees.

PlatformReturn
Celsius Network 11.5%
BlockFi 8.6%
Youhodler12.7%
Vauld11.6%

*for new users who want to buy crypto and transfer to other platforms I recommend using DCX discount link( as Wazirx has increased the withdrawal fees.

*Existing users who have binance linked to Wazirx Can transfer to binance for withdrawal at nominal fees

Altcoin Price and Bitcoin Platform

PlatformQuarter Return
Crypto Hedge Fund Iconomi250%
Crypto Hedge Fund Ember
Crypto Hedging DeribitHedging BTC gains
Bitcoin100%

Alternate Investment in Gold –GoldFinX

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GIX coin showed some upward movement this month and crossed 3 for a short period in march. From my purchase price it has gone up by 50% but this is much below my target level! Its important that you take the price from the Exchange and not your dashboard as it gives average price. Gold has currently underperformed which has also prevented rally in GIX

GIX Price

Corporate BondsGolden PI

Yields have started hardening and its unadvisable to buy long duration bonds and expose interest rate risk at this juncture. 1.5-2 years is the maximum maturity you should target .Currently I do not see any attractive listing on the platform

Alternate Investment P2P Lending India

I had started increasing my allocation to Rupee Circle as collection has improved and I feel RupeeCircle provides best risk adjusted return among all the P2P portfolio. Recently Rupeecircle has paused new loans and are analyzing lockdown status.In terms of volume I2IFunding (use Code “discount50@i2i” ) is the best

Current allocation:

  • Rupeecircle- 40%
  • I2IFunding- 35%
  • Finzy- 25%
PlatformLoans SelectedExpected YieldNPA  Expected
I2IFundingCooperative banks backed loans,E-Rickshaw backed loans,education loan,NBFC backed loans(Monedo etc) Group loans15-20%3%
Rupee CircleSmall business/salariedloans to people with own house and low EMI to Earning Ration25-30%5%
FINZY Prime Borrowers,High Salary ,A category15-20%1%
Faircent(Onlypool Loans/Education loans)credit pool loan12%1%
PlatformReturnNPA
I2IFunding14%4.7%
Rupee Circle15.5%4.90%
FINZY 14.00%3.2%
Faircent(Onlypool Loans/Education Credit Pool loans)11%2%
FinancePeerNot Investing

Randomwalk

I dabble in Quantitative finance, Portfolio Construction and Derivative trading .Interested in exploring innovative financial products and trading strategies

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