Alternative Investment Portfolio – June 2023

        Nifty 19000

Nifty touched a milestone of 19,000 in June.

Beginning of the year, the index had slipped to sub-17000 levels in March’23 but has since rallied ~11% following risk-on sentiments. Indian equities are experiencing PE re-rating and have been supported by strength in global markets as well. FPI flows into Indian equities have turned positive with the change in the macro narrative.

Alternative Investment Portfolio Performance

This month I have tried a new platform Lendpartnerz.  As a start, I have invested only in one deal. Would be closely monitoring the performance before deploying more capital.

Lendpartnerz Access

Lend Partnerz

A lot of people have been sharing many new platforms offering alternative investments but I urge everyone to be very conservative while investing in new platforms as most of these new platforms seem to be run by unknown people and do not even provide basic details about deals. Hence it is paramount to avoid taking risks.

The idea is to start  Forum on Randomdimes for discussing investment opportunities, trading, and other finance-related stuff to help create a community that can share their experience on different asset classes and platforms

Randomdimes Forum

Lending Investment

Platform Returns NPA
Grip Invest 13% 0%
Klubworks 15-17% 0%
WintWealth 10-11.5% 0%
Jiraaf 12-15% 0%
Pyse 10-11%(Post-Tax) 0%
Legalpay 14-16%(Post Tax) 0%
Growpital 16%(Tax Free) Blended Yield
Leafround 15-18% 0%
Altifi 12.50% 0%
Better Invest 16-18.00% 0%
  • All my cash flows in Klubworks, WintWealth, Pyse, Leafround, and GripInvest are per schedule.
  • Invested in Leasex Everest fleet deal on Grip offering 14%. We will soon have listed invoice discounting on Grip.
  • Invested in 2 invoices on Leafround Round
  • Participated in Earthern Hues at 16.07% on Jiraaf
  • 2 Betterinvest deals are lined up this month
  • All my Jiraaf Bonds: KNR Infra, Clayworks, Home credit, Bhanix, etc are repaying on time.
  • Betterinvest deal offering 18% IRR Is live.

Update on Klubworks

Many investors have complained that they can’t access deals on the Klub portal. The primary reason is that they might not have registered through the randomdimes referral link as currently, Klub is only showing deals to investors who have been referred through randomdimes or other seasoned investors.

Klubworks Access

Telegram channel for details on new deals

New Deals

Alternative Investments India

grip invest

wintwealth review

Invoice Discounting and Pooled Loans

Platform Returns NPA
Liquiloans 9-10% 0%
Tradecred 11.50% 0%
Lendbox (Per Annum +Settlement Finance) 11.50% 0%
Cashkumar(Elastic Run) paused Paused
KredX 12% 0%
  • Lendbox Per Annum returns are as per expectations with seamless liquidity.
  • Using Liquiloans/Per Annum to Park Short term capital
  • Have invested in Kredx Blinkit last month. Maturity is expected this month. It is important to choose deals wisely on Kredx and not go by Kredx Score as some deals with high scores have not performed well in the past.
  • Have stopped Cashkumar for the moment as no deal flow and visibility.

Kredx invoice

Crypto Investing

Crypto ETF India

BlackRock’s filing for the first spot in Bitcoin Exchange-Traded Fund (ETF) marks a groundbreaking moment for virtual assets. Blackrock is a financial giant with more than USD 10 trillion in assets under management. This has led to optimism in the crypto industry and can push crypto prices as there would be increased demand from Institutional investors also.

You can buy Hardware Wallets on Etherbit as it is highly advised not to keep large amounts on exchanges.

P2P Investment

Current allocation:

  • India P2P – 50%
  • 12Club – 5%
  • I2IFunding- 25%
  • Finzy-10%
  • Faircent Pool Loan -10%
Platform Loans Selected Yield NPA
I2IFunding(Paused) Urban Clap Loans, education loans, Group loans 13.5% 4.75%
IndiaP2P Only Women Borrower Loans, Branch-based p2p lending 17% <1%
FINZY(Paused) Prime Borrowers, High Salary, A category 14.2% 3.5%
12 Club Only Minimum amount 12% 0%
  • I have completed 1 year of using IndiaP2P with good performance. Will be adding more capital this month.
  • I2Ifunding and Finzy have a very low volume of loans
  • The systematic investment plan loan on Faircent ( Only SIP Loan) is doing well

indiap2p performance

IndiaP2P Performance

Equity Market

PreIPO Stocks

In the Preipo market lot of interest can be seen in 2 stocks

  • Care Healthcare
  • NSE

The primary reason for that is both companies are profitable with strong performance compared to peers.  It is also expected by next year both will have an IPO.

The current price for NSE has gone over INR 3500 after a stellar performance in the last quarter. Unlisted Zone and Altius are offering the best prices. For a lot higher than 500 we can connect with some large brokers. You may drop a query to us.

Listed Stocks

The Equity market has hit an all-time high but valuation wise it’s still below 2021 levels. While some analysts are predicting 21000 by year-end investors should allocate based on their risk appetite.

Other Alternative Investment Assets  and Platform Updates

Growpital Investment –  The performance of the platform has been satisfactory till now. The latest webinar’s recording is available here

Growpital(Promo code GROWRDIMES)

Sustvest Investment – My Sustvest Portfolio has been doing fine. There is a new deal live offering 11% 

Fractional Real Estate Update- My investment in MYRE Capital has been performing as expected.  It is now called Yiedlwisex. They have recently closed a  Lease rental discounting opportunity backed by real estate.

Aasthy Update –  Aasthy has recently repaid both of my investments .Net Returns for the deal were> 15%.
They are creating a new legal structure that can be more efficient for real estate investment hence we won’t see new opportunities for the next 1-2 months.

Upcide Update – Till date I have invested in one deal on Upcide (use code MR630878) which is performing satisfactorily. There is a new truck deal on Upcide which I am planning to invest!

5 thoughts on “Alternative Investment Portfolio – June 2023”

  1. Many thanks. With so many new platforms coming up, how to select and manage risks? Newer ones are offering higher interest rates as compared to older ones. Can you suggest how to manage the portfolio from risk perspective?

    • Hi Tejas, Alternative Investments is still a growing asset class and new platforms do come with risk as we have only limited information. Itis best advised to start small and try to get as much information of the platform and founders through multiple sources. I try to collect information from multiple readers too and then gradually increase investments over a period of time.

      Happy to share my experience if you have queries on specific platform!

      • Thanks. I have read the reviews you post and try to slowly build up the portfolio.


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