Alternative Investment Portfolio – May 2023

The market has been in a positive mood in May as most of the bourses marched ahead. The general economy does not look as optimistic with major job cuts announced by large tech firms like Meta and Google. Nvdia was one company that has bucked the trend with a stellar performance backed by surging 25% percent overnight and crossing a mind-boggling 1 trillion market capitalization!!

Alternative Investment Portfolio Performance

Many investors have been left confused after Grip Invest changed the asset structure from LLP to Leasex. Some people are worried about a higher tax. Our observations on the product benefits are

  • More regulated, as they have to follow SEBI guidelines
  • External Credit Rating
  • More liquidity by virtue of being listed.
  • Independent Trustee managing  cashflow
  • Pre-Tax structure
  • Higher Diversification
  • For Pre Tax, interest is taxed at the hand of the investor, unlike LLP structure where all cashflow is taxed in LLP at 31.2%

Issues with the Grip Invest Structure-

  • 25% TDS upfront which might not affect the return of people in higher tax brackets but for people in lower tax brackets, it’s a huge drag

Bottomline is if you are in the higher tax bracket this is a much better product offering more diversification but for others, it is a hassle to pay such high upfront TDS and lose time value of money even if they claim at year-end while filing tax.

We request people to start using  Forum on Randomdimes for discussing investment opportunities, trading, and other finance-related stuff. You can register and get started here

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 as per schedule.
  • Invested in Fab Alley on Klubworks
  • Invested in Stashfin NCD on Altifi and Bizongo on Jiraaf
  • Invested in 1 invoice on Leafround and Nutritap Leasing at 18% IRR
  • Grip has listed a 14% product with the Everest fleet underlying as an asset.
  • 2 Betterinvest deals are lined up this month
  • All my Jiraaf Bonds: KNR Infra, Home credit, Bhanix, etc are repaying on time.

New Deals

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
  • Added Saveo Invoice on Tradecred this month.
  • Cocoblu repaid on time on Kredx. Invested in Blinkit Invoice on Kredx
  • Have stopped Cashkumar for the moment as no deal flow and visibility.

Kredx invoice

Crypto Investing

alternative investment India

Recently a new use case of Bitcoin is emerging -NFT

For the longest time, the utility of Bitcoin was limited to storing and transferring value. As such, developer activity on the world’s oldest blockchain network was minimal, to say the least. Fortunately, this began to change with the emergence of Bitcoin DeFi protocols such as Wrapped Bitcoin (WBTC), Stacks (STX), Rootstock (RBTC), etc.

And now, the utility of the Bitcoin network has been expanded even further, thanks to the arrival of the Ordinals Protocol. This latest innovation allows developers and artists to create and store digital artifacts directly on the Bitcoin blockchain. The protocol has been a massive hit, with more than 100,000 ordinals minted so far. This may lay the foundation for a new resurgence in Bitcoin demand!

You can buy Hardware Wallets on Etherbit

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%
  • IndiaP2P performance has been as per my expectations till now. Have completed almost a Year. This month 1 Year Review post will be published.
  • 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

Equity Market

The equity market looks less attractive as interest rates are high and even top Bonds can offer 8-10% yield with low volatility

PreIPO Stocks

I bought a few more NSE Shares this month after they posted stellar results. It takes generally 6 months for the complete process before the NSE share is credited. Recently they are coming up with a proposal to reduce this time. If you are looking to add shares < 500, Unlisted Zone is 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

Investment in Global markets, as well as Nifty IT and Pharma, have given decent returns in the last couple of months. Have decided to reduce the SIPS at the current level and wait for any sharp corrections to add in the dip.

Other Alternative Investment Assets  and Platform Updates

Growpital Investment –  The performance of the platform has been satisfactory till now. I am still awaiting the latest Audited financial report and the appointment of a Trustee before scaling up my investment.

Growpital(Promo code GROWRDIMES)

Sustvest Investment – My Sustvest Portfolio has been doing fine with proper repayments to date. The last deal we invested on Sustvest with a 10.86% return.

Fractional Real Estate Update- My investment in MYRE Capital has been performing as expected.  The acquisition has not impacted the operations. Now I have received more than 1 year of returns on time.

Aasthy Update –  Aasthy has recently repaid one of the investment opportunities .Net Returns for the deal was 16%.

Upcide Update – Till date I have invested in one deal on Upcide (use code RDIMES) which is performing satisfactorily. It is best to compare deals on Upcide with Leaf

6 thoughts on “Alternative Investment Portfolio – May 2023”

  1. Recently, SEBI has come up with a consultation paper to regulate Fractional Real Estate investments in India under the MSM REIT Category. How would this affect FRE investments going forward? SEBI mandates the MSM REIT units to be listed on the stock exchange. So, I guess this would create a good avenue for investors to exit their stakes. How do you think would this step affect the price volatility? What are your views and opinions on these developments? When do you think these regulations would come into effect?

    • Hi Sujatha,
      I think this would be a great move. I think this will add more liquidity to investor. I agree this can increase the price volatility but these instrument would have lower maturity profile than REITS hence impact of interest rates etc should be less

  2. I see there are no opportunities listed on Klubwork’s website. How are you able to invest on their platform? For a lot of months, I see no opportunities listed there? Any idea, what is going on there?

  3. As far as growpital is concerned, I asked them to share the lease agreements with us which they denied. And they have delayed sharing the audited financial reports and setting up of SEBI registered debenture trustee to protect the interest of the investors.

    • Hi Sujatha,

      we are also waiting for the audit report and setting up of a trustee. I hope they do it in this quarter which will help to get more comfort on the platform


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