Alternative Investment Portfolio – July 2022

After a terrible June, the broad market recovered quite well this month. In July, the S&P 500 rose 8.1%, the Nikkei 225 advanced 6.1%, the Straits Time Index jumped 5%, and the Dow Jones Industrial Average and CAC 40 gained 5% each.

Tiger Global Losses

People assume that Venture capital funds are the sure-shot way to make money as it is run by smart fund managers but market behavior can be very hard to decipher. Tiger Global Management’s hedge fund made just 0.4% in July, bringing its loss this year to 49.8%, according to people familiar with the returns. The fund trailed the broader markets, with the S&P 500 advancing 9.1% and the tech-heavy Nasdaq Composite Index climbing 12%.

AMTD

Sometimes market behavior can defy logic. If you thought Nykaa or Zomato Listing gains were insane then AMTD’s 30,000% percent gain on IPO Listing will make them look like Child’s play! The Hong Kong tech firm which trades on the New York Stock Exchange priced its IPO at $7.80 a share, which helped it raise $125 million in proceeds. On Tuesday, the stock hit a high of $2,521.72 in 2 weeks, briefly valuing the company at more than $385 billion.

Alternative Investment Portfolio Performance

This Month I invested in 2 new platforms – Aasthy  and Sustvest. Aasthy provides an opportunity to invest in real estate for price appreciation in short term. Sustvest is similar to Pyse but some opportunities have higher yields.
Aasthy

Structured Lending Investment

PlatformReturnsNPA
Grip Invest11-12%(Post-Tax)0%
Klubworks16-20%+0%
WintWealth10-11.5%0%
Jiraaf12-15%0%
Pyse10-11%(Post-Tax)0%
Legalpay13-15%(Post Tax)0%
Growpital12%(Tax-Free)New (6 Payments)
Leafround17-18%New (3 Payments)
  • Received  payment from Growpital
  • All my cash flow in Klubworks, WintWealth, Pyse, and GripInvest are as per schedule.
  • Based on my discussion with other investors, Klub had listed around 70+ deals, of which 2 have been in delay.
  • Invested in 1 Year Everest NCD on Jiraaf
  • Investing in a New deal on Sustvest (covered below)

New Deals

Jiraaf Deals Leafround deals

Leafround  and Jiraaf deals

Invoice Discounting and Pooled Loans

PlatformReturnsNPA
Liquiloans (Liquid Fund Substitute)9-10%0%
Tradecred11.50%0%
Lendbox (Per Annum +Settlement Finance)11.50%0%
Cashkumar(Elastic Run)11.50%0%
KredX13%0%
  • Lendbox settlement finance returns and Per Annum returns are as per expectations
  • Invested in Reliance Retail on Tradecred
  • I have invested in Instakart on KredX.

Tradecred deals

Crypto Investing

Ethereum roadmap

This month some large caps performed extremely well with Ethereum and Solana giving 50% plus returns. Some of the reasons which drove this are

  • Ethereum Had its biggest conference – ETHCC. Vitalik mentioned Ethereum would be able to process 100k transactions per second by the end of its roadmap. They finally scheduled the Goerli testnet. This is the final step before The Merge
  • Polygon has made some deals with large companies: Mercedes, Reddit, Disney, and Nothing ( company)
  • Have added some capital to Iconomi for the long term which did well this month.
  • Removed Exposure from Wazirx due to recent negative media coverage on the Binance deal
PlatformQuarter Return
Crypto Hedge Fund Iconomi-20%
Crypto Hedge Fund Ember
Crypto Hedging Deribit4%
Bitcoin Trading(Binance/CoinDCX/FTX)8%

P2P Investment

Current allocation:

  • India P2P – 30%
  • 12Club – 5%
  • I2IFunding- 35%
  • Finzy-30%
PlatformLoans SelectedYieldNPA
I2IFundingUrban Clap Loans, education loans, Group loans13.5%4.85%
IndiaP2POnly Women Borrower Loans, Branch-based p2p lending16%0%
FINZYPrime Borrowers, High Salary,A category14.2%3.5%
12 ClubOnly Minimum amount12%0%
  • IndiaP2P performance has been positive till now. Will increase investment in a couple of months if there is consistency
  • Have been investing in Urban Clap Loans on I2IFunding
  • The systematic investment plan loan on Faircent ( Only SIP Loan) is doing well

IndiaP2p

International Real Estate and P2P

PlatformReturnCurrent NPA
Heavyfinance12%
Lofty (Tokenized Real Estate)13%New
EstateGuru10%1.5%
PeerBerry9.5%2%
Evostate (Aggregator Platform)12%
Bulkestate11%2%
Lendermarket12%2%
RealT US High Yield Property(crypto-based)11%Rental yield
Reinvest2412.5%Rent+capital gain
  • We will be soon covering how to seamlessly invest in European platforms using MCA
  • Still exploring some interesting opportunities in Europe

Equity Market

Bear Market Rally

The Indian market was on steroids last month. I was planning to invest in a staggered manner. Unfortunately, I could only invest 25% of the amount intended to add.

As bear market rallies go, this one isn’t breaking any records. Stocks have often soared in the midst of a bear market, only to sometimes give up those gains and fall further — something Wall Street has dubbed the bear market rally. I could be entirely wrong and the market could be higher but I don’t feel comfortable adding a lot to the equity market considering there are obvious problems globally and in India. Inflation, Sovereign crisis, and Energy Crisis to name a few.

 Other Alternative Assets  and Platform Updates

Sustvest Investment – There is an upcoming deal on Sustvest this week. The investment would be for Rooftop solar project Chromewell Engineering. The financials of the company are decent and the investment will yield 11.2% Tax Free with lockin of 8 months.

Register Free on Sustvest

Sustvest deal terms

Sustvest deals

Fractional Real Estate Update- My investment in MYRE Capital  Vaishnav Park has been performing as expected. I have received 6 cashflows on time. People who are interested in a lower minimum (INR 1 lakh) can invest in  Real Estate on Grip Invest. New Vaishnav Park Opportunity is live. again
PlatformReturnsPayment Received on time
Myre Capital10%6.00

4 thoughts on “Alternative Investment Portfolio – July 2022”

  1. How is experience on Jiraaf and invoicetrades for invoice discounting deals?

    Reply
    • experience on Jiraaf has been pretty good till now .Have invested in 8-10 invoices. Have not tried invoice trades yet. I think invoice trades is being run by ex falconsgrup team

      Reply
      • Hi, Anyone having feedback about Falconsgrup NPA,s/defaults, please update

        Reply
        • Hi,
          I had previously invested in Falconsgrup,I dint face default but I am not very comfortable considering they do not disclose any information on the vendor

          Reply

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