Alternative Investment Portfolio Analysis – Nov 2023

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The Nifty50 rose 6.77 percent during the November month F&O expiry. During the same period during  S&P 500 has risen 11 per cent from its October lows. We put it in familiar, fundamental terms: investors believe we’ve seen the peak in rates, inflation is slowing, profits are rising, and sentiment is improving.

The recent rally has left some hedge funds with an estimated $43 billion in losses after betting on equities to move lower, Some institutional investors had built up short-bets against companies they thought would buckle amid the higher-rate environment. However, with confidence returning to markets, some of those trades aren’t panning out. Some hedge funds have had to repurchase stocks to cover their short bets as a “short squeeze” pushed share prices even higher.

The Goldman Sachs index that tracks the S&P 500 names with the highest total dollar value of short interest outstanding is on pace for its best month since last October.

 

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Alternative Investment Portfolio Performance

This month we have explored 2 platforms :

  1. 13 Karat
  2. Hecta

We have invested a small amount in 13 karat and will be sharing monthly reviews. I expect the platform to do well as it is backed by  Cashe and utilizes its credit underwriting and borrower pool. Cashe has been in business for more than 5 years has had a very low NPA and has shown good profitability.

Hecta is a platform focused on repossessed properties. It is a great platform for someone looking to purchase a real estate property for investment or ownership as some of the properties can be purchased at a 20-30% discount from the market rate.

 

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*Updated NPA  Details

To provide more comprehensive information on deals performance on platforms, I have collected the performance of multiple users of these platforms and created an NPA statistic. The benefit of this is that even though my deals are going well in a platform, this will give the overall performance of the other deals on the platform that I might not have invested in.

Please note NPA does not mean that a platform is bad. NPA can be due to 2 factors

  • Higher vintage or transaction volume
  • High yield or higher risk opportunity

Investors should evaluate the NPA  along with Gross returns on the platform to make investment decisions.

Eg a platform with a 20% return and 2% NPA is better than a 10% return and 1% NPA.

Lending Investment

Platform Returns RD NPA Total NPA
Grip Invest 10-12%(Post-Tax) 0.00% 0.30%
Klubworks 20%+ 0.00% 0.70%
WintWealth 10-11.5% 0.00% 0.00%
Jiraaf 12-15% 0.00% 0.00%
Sustvest 10-11% 0.00% 0.00%
Afinue(Upcide) 13%(Post Tax) 0.00% 0.00%
Pyse 10-11%(Post-Tax) 0.00% 0.00%
Growpital 12%(Tax Free) 0.00% 0.00%
Leafround(Tapinvest) 15-18% 0.00% 0.00%
Altifi 12.5% 0.00% 0.00%
Betterinvest 16%-18% 0.00% 0.00%
Incred Money 11.0% 0% 0%
  • All my cash flows in Klubworks, WintWealth, Jiraaf, TapInvest, and GripInvest are per schedule.
  • Participated in the new Betterinvest deal
  • Invested in 3 invoices and 1 Asset leasing opportunity on TapInvest
  • Invested in 1 invoice on Jiraaf.
  • Sustvest had a new opportunity recently.
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Top Deals Live

Gripinvest
Jiraaf

 

Invoice Discounting and Pooled Loans

Platform Returns RD NPA Investor NPA
Liquiloans (Liquid Fund Substitute) 9% 0% 0%
Tradecred 11.50% 0% 0%
Lendbox (Per Annum Liquid Fund Substitute) 11.50% 0% 0%
Lendzpartners 13.00% 0% 0%
IndiaP2P 16% 0.25% 0.10%
KredX 12% 0% 0.75%
13  Karat (new) 13% 0% 0%
  • Lendbox Per Annum returns are as per expectations with seamless liquidity. Current yield 11.65%
  • Using Liquiloans/Per Annum to Park Short-term Capital.
  • Have invested in 7 deals to date on Lenderpartnerz. The latest investment was in French Connection invoice.
  • Started investment journey with 13 Karat P2P

Crypto Investing

Bitcoin’s bull run has sustained during the last couple of months. My crypto portfolio is now higher than Bitcoin’s peak value because I had brought more crypto when the market was going through a prolonged winter.

On November 28, Binance.US announced the resignation of Changpeng Zhao, the founder and former CEO of Binance, as chairman of the Binance. The move comes after Zhao pleaded guilty to federal charges imposed by the US Department of Justice (DoJ) and agreed to pay a $4.3 billion fine. In the same case, Binance agreed to pay $4.3 billion settlement charges for failing to adhere to anti-money laundering (AML) regulations and violating sanctions law.

Interestingly unlike in 2021 when crypto crashed after Sam Bankman’s news, the market did not show much nervousness indicating more maturity.

You can buy Hardware Wallets on Etherbit

P2P Investment

Current allocation:

  • India P2P – 55%
  • 12Club – 5%
  • I2IFunding- 15%
  • Finzy-10%
  • Faircent Pool Loan -15%
Platform Loans Selected Yield NPA
I2IFunding(Paused) Urban Clap Loans, education loans, Group loans 13.5% 4.8%
IndiaP2P Only Women Borrower Loans, Branch-based p2p lending 17% <1%
FINZY(Paused) Prime Borrowers, High Salary, A category 13% 3.7%
12 Club Only Minimum amount 12% 0%
  • I have completed 1 year of using IndiaP2P with steady performance. I am steadily increasing my capital on this platform.
  • I2Ifunding and Finzy have a very low volume of loans and I haven’t added any new capital in the last 5 months.
  • The systematic investment plan loan on Faircent ( Only SIP Loan) is doing well

IndiaP2P Performance

Equity Market

PreIPO Stocks

Tata Technologies made a bumper debut, listing at a 140 percent premium and then rising nearly three-fold the IPO price. The stock opened at Rs 1,200 on the NSE and at Rs 1,199.95 on the BSE, while its issue price was Rs 500. It jumped 180 percent over the IPO price to Rs 1,400 within minutes.

*Altius Investech* had first invested in TATA tech @ 13/sh back in 2014. Since then the company has grown steadily with the share price increasing progressively.
2015 – 20
2017 – 80
2019 – 160
2021 – 430
2023 – 850

From the first investment – that’s a 100X return! This does not mean that all stocks will have similar performance but a strong portfolio of well-researched unlisted shares can deliver strong returns as price discovery is less in unlisted space compared to listed.

Waree Energy is another stock that is in demand in the unlisted market.

Listed Stocks

The market took a complete reversal in November and NSE reached an all-time high! The mid-cap sector is also on fire.

Indian stock market achieved a milestone, touching $4 trillion in market capitalization (m-cap) for the first time. The optimism on Dalal Street has its roots in the way India is uniquely placed among global economies. At a time when the global economy is facing the twin problem of high inflation and slowing growth, with even the world’s growth engine China not showing a sign of recovery, India has taken center stage. Many global agencies have upped the FY24 GDP forecast for India and several global brokerages retained India ‘overweight’ in their model portfolios despite strong gains.

However, when everybody is greedy it’s good to show some restraint and avoid adding large positions at these levels.

Algo Trading

Our Algo and Manual Option trading gave a 1.3% return in November. Due to large intraday moves, it was tough to make money in non-directional strategies.  Investors who are just starting algo trading can explore tradetron as it requires a minimum learning curve and marketplace to copy traders.

Investors with INR 30 Lakh deployable capital can reach out  here for inquiry on more sophisticated algos

 

Other Alternative Investment Assets  and Platform Updates

ALYF – Alyf is an upcoming platform that provides fractional ownership of holiday homes in tourist destinations. Currently 2 opportunities with < 15 Lakh investment are available in Alibaug and Goa.Interested people can register and get a call from their team.

Growpital Investment –  The performance of the platform has been satisfactory till now as the payments have been on time to date. Of late the platform is becoming more popular with frequent coverage in media!

Growpital(Promo code GROWRDIMES)

Leasify Investment – Leasify recently launched the 3rd tranche of Bhadepay on the platform. 

Wisex- My investment in Wisex has been performing as expected. There is a Securitized debt Investment opportunity live on the platform with IRR of 13.26%

 

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Alternative Investment Portfolio Analysis – Oct 2023

 

Last Month we discussed the forthiness in the midcap and small-cap space. This month, the market fell sharply due to various global negative cues and the overheated market was already on the lookout for an excuse to correct.

Global equity markets are currently experiencing a “risk-off” sentiment due to a combination of economic and geopolitical factors. The ongoing Israel-Hamas conflict remains a significant concern for these markets. If this conflict persists, it has the potential to negatively impact global economic growth, especially as the global economy is already going through a period of slowdown. In the short term, the primary challenge for the market is the persistently high US bond yields, with the 10-year bond yield approaching approximately 5%. This is likely to lead to Foreign Portfolio Investors (FPIs) adopting a selling stance. Sectors like banking and information technology (IT), which make up a significant portion of FPI assets under management (AUM), are expected to come under pressure. Nevertheless, this situation could present attractive opportunities for long-term investors to purchase quality stocks, particularly in the banking sector, at favorable prices.

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Alternative Investment Portfolio Performance

This month’s alternative investment allocation in the portfolio allowed us to be impacted less by the stock market volatility. I was more focused on shorter-dated products like Jiraaf platform invoice discounting that is currently offering higher yields as a Diwali offer. 

Jiraaf has recently raised a large funding round that will bolster the capabilities of the platform

Leafround

Leafround has also raised new funding and has rebranded itself as Tapinvest!

 

Randomdimes Forum

Updated NPA  Details

To provide more comprehensive information on deals performance on platforms, I have collected the performance of multiple users of these platforms and created an NPA statistic. The benefit of this is that even though my deals are going well in a platform, this will give the overall performance of the other deals on the platform that I might not have invested in.

Please note NPA does not mean that a platform is bad. NPA can be due to 2 factors

  • Higher vintage or transaction volume
  • High yield or higher risk opportunity

Investors should evaluate the NPA  along with Gross returns on the platform to make investment decisions.

Eg a platform with a 20% return and 2% NPA is better than a 10% return and 1% NPA.

Lending Investment

Platform Returns RD NPA Total NPA
Grip Invest 10-12%(Post-Tax) 0.00% 0.30%
Klubworks 20%+ 0.00% 0.80%
WintWealth 10-11.5% 0.00% 0.00%
Jiraaf 12-15% 0.00% 0.00%
Sustvest 10-11% 0.00% 0.00%
Afinue(Upcide) 13%(Post Tax) 0.00% 0.00%
Pyse 10-11%(Post-Tax) 0.00% 0.00%
Growpital 12%(Tax Free) 0.00% 0.00%
Leafround 15-18% 0.00% 0.00%
Altifi 12.5% 0.00% 0.00%
Betterinvest 16%-18% 0.00% 0.00%
Incred Money 11.0% 0% 0%
  • All my cash flows in Klubworks, WintWealth, Pyse, Leafround, and GripInvest are per schedule.
  • Invested in Kebapci on Klubworks as it is profitable and Klub is the only debt investor
  • Invested in Sugmyal SDI  deal on Grip offering 15% for 11 months.
  • Invested in a Few Invoices on Leafround ( )
  • Received my Jiraaf Stashfin Commercial Paper repayment.
  • Betterinvest also has a new deal offering 18% IRR for 6 months that I intend to participate in.
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Top Deals Live

Grip

incred

 

Invoice Discounting and Pooled Loans

Platform Returns RD NPA Investor NPA
Liquiloans (Liquid Fund Substitute) 9% 0% 0%
Tradecred 11.50% 0% 0%
Lendbox (Per Annum Liquid Fund Substitute) 11.50% 0% 0%
Lendzpartners 13.00% 0% 0%
IndiaP2P 16% 0.30% 0.1%
KredX 12% 0% 0.75%
  • Lendbox Per Annum returns are as per expectations with seamless liquidity. Current yield 11.7%
  • Using Liquiloans/Per Annum to Park Short-term Capital.
  • Tradcred has launched some good deals such as log9 which I participated in.
  • Have invested in 5 deals to date on Lenderpartnerz
Tradecred
Tradecred

Crypto Investing

Crypto

Crypto has finally started moving out of hibernation from the long winter. Bitcoin has jumped approximately 40% in the last few months. It is still one of the best-performing asset classes of the year.

Bitcoin has surged 14 percent in the last seven days amid optimism around Bitcoin Exchange-Traded-Fund (ETF). Several investment firms, including BlackRock and Fidelity Investments, have pending applications for bitcoin ETFs in the US, and speculation on their likely approval was fuelled by BlacRock’s iShares ETF listing on the website.

In the  long run, BTC, Ethereum, etc have rewarded people who have shown the temperament to hold it through long periods of volatility and drawdown

You can buy Hardware Wallets on Etherbit

P2P Investment

Current allocation:

  • India P2P – 55%
  • 12Club – 5%
  • I2IFunding- 15%
  • Finzy-10%
  • Faircent Pool Loan -15%
Platform Loans Selected Yield NPA
I2IFunding(Paused) Urban Clap Loans, education loans, Group loans 13.5% 4.8%
IndiaP2P Only Women Borrower Loans, Branch-based p2p lending 17% <1%
FINZY(Paused) Prime Borrowers, High Salary, A category 13% 3.7%
12 Club Only Minimum amount 12% 0%
  • I have completed 1 year of using IndiaP2P with steady performance. I am steadily increasing my capital on this platform.
  • I2Ifunding and Finzy have a very low volume of loans and I haven’t added any new capital in the last 5 months.
  • The systematic investment plan loan on Faircent ( Only SIP Loan) is doing well

indiap2p

IndiaP2P Performance

Equity Market

PreIPO Stocks

Based on analysis by Prabhudhas Liladhar, The National Stock Exchange has the potential to become a multi-bagger stock, boasting a near-monopoly status, 35% plus CAGR in revenues, and clean promoters at the helm. The exchange’s PE ratio stands at 22, versus 50 times for MCX and 37 times for BSE Limited. While the initial public offering remains elusive, the public issue could be launched next year. However, options trading could pose a risk, with close to INR51,000 crore in government revenue generated by the sector. Delayed IPO and a pending Supreme Court case against the NSE are also risks.

Listed Stocks

October proved to be a disaster for the equity markets. Experts don’t rule out further correction amid a slew of headwinds, such as rising US bond yields and crude oil prices, geopolitical uncertainties, and earnings disappointments. Additionally, India’s general elections could emerge as another uncertainty if state election results are not favorable.

The yield on the 10-year US benchmark bond rose to over 5 percent for the first time since 2007 on Monday, weighing on equity market sentiment globally. Although the yield has receded slightly below 5 percent, it remains at a multi-year high, which will continue to exert pressure on capital flows.

I am adding investment in a staggered manner. A psychological reason for doing that is in case of marketing going further down we would have more cash to buy equity and would not create panic even during a longer drawdown.

Algo Trading

Our Algo and Manual Option trading gave a 1.5% return in October. We were up 3.5% for the first half but suffered back-to-back losses of 2% due to market volatility. We are currently close to a 20% return for this financial year.  Investors who are just starting algo trading can explore tradetron as it requires a minimum learning curve and marketplace to coy traders.

Month(2024) April May June July Aug Sep October
Return 2% 1.30% 1% 4% 5% 4.50% 1.50%

Other Alternative Investment Assets  and Platform Updates

Alyf is an upcoming platform that provides fractional ownership of holiday homes in tourist destinations. Interested people can register and get a call from their team.

Alyf smart ownership

Growpital Investment –  The performance of the platform has been satisfactory till now as the payments have been on time to date. They have recently shared their audited financials. what are your views on that? Investors who have visited farms please share your experience.

Growpital(Promo code GROWRDIMES)

Leasify Investment – Leasify has recently started repayment for Bhadepay and Sharepal Leasing Deal. I will be soon publishing an interview with the founder.

Yieldwisex- My investment in MYRE Capital has been performing as expected.  It is now called Yiedlwisex. I have been exploring other real estate platforms like Alyf. We are also in the process of shortlisting a couple of platforms for land ownership.

Read more

Alternative Investment Platform – September 2023

Alternative Investments

One of the lead indicators to predict that the market is in greed mode can be seen through the performance of the BSE SME  platform,

The popularity of frenzy around SME stocks has reached such an extent in 2023 that they have seen an average of 67 times subscriptions. Some of them saw 713 times subscriptions, led by retail investors who applied for over 1,000 times their allocated quota in some cases, data collated by Prime Database shows.

The data shows 107-odd SME stocks listed in 2023 so far have returned an average of 77 percent. Some stocks have delivered four times gains in just 4-5 months. Only 19 of these names are sitting on losses.

While India’s major equity gauges have hit all-time highs, the 63-member SME IPO Index continues to outperform, surging almost 1900% from 2019 compared to only 60% gain for the BSE Index.

 

While some stocks might be going up due to attractive valuation, the ingredients in the SME segments – low float, even lesser liquidity, fear of missing out (FOMO), and ubiquitous social media presence among the market community – are adequate for price manipulators to pump the prices and trap investors.
It is important that investors show some constraint under such times and prudently deploy their capital!

Telegram channel for the Latest Alternative Investment News

Alternative Investment Portfolio Performance

This month we focussed on generating returns through Trading strategies along with adding various alternative investments.  The reason for options trading to generate yield is

  • You don’t need to deploy cash, you can pledge your existing stocks and mutual funds to trade. It’s like zero-cost funding for your business
  • You can generate returns in any market conditions, hence a bull market is not required.
  • You can generate cash flow which can be deployed in long-term assets.

My performance for the current year has been approx 15%  in the last 6 Months.  I use a combination of :

  • Intraday Option strategies using algo
  • Position strategies manually.

It is very critical to understand that options trading is fraught with risk and people should always start with paper money and gradually deploy real cash as it takes a lot of effort to master the psychology not just the strategy.

I also explored Wintwealth FD. It’s a great platform for people looking to explore fixed deposits. Wint Wealth does the due diligence for the FDs backed by strong issuers.

Lending Investment

Platform Returns NPA
Grip Invest 13% 0%
Klubworks 15-17% 0%
WintWealth 10-11.5% 0%
Jiraaf 12-15% 0%
Sustvest 10-11%(Post-Tax) 0%
Afinue (Upcide ) 13%(Post Tax) 0%
Growpital 14%(Tax Free) 0%
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 VFS capital SDI  deal on Grip offering 14.5% for 13 months.
  • Invested in 13% Leasing deal on Afinue (use code MR630878) as they provide detailed analysis of deals that is helpful in evaluating
  • Invested in a Few Invoices on Leafround ( Boat, Heromotocorp)
  • Received my Jiraaf NCD payments as per the schedule
  • Received my Stashfin repayment on time in Altifi.I am also an investor in Satya Microcapital.
  • Second tranche of Incred Money is also live
  • Participating in the live Madras Mandi deal on Klub as it is a profitable company and the deal tenure is short.
  • Betterinvest also has a new deal offering 18% IRR for 6 months that I intend to participate in.

 

Randomdimes Youtube

 

New Deals

Incred money
Incred
Jiraaf
Grip

betterinvest

Invoice Discounting and Pooled Loans
Platform Returns NPA
Liquiloans 9-10% 0%
Tradecred 11.50% 0%
Lendbox (Per Annum +Settlement Finance) 11.50% 0%
Lendzpartnerz 14.0% 0%
KredX 12% 0%
  • Lendbox Per Annum returns are as per expectations with seamless liquidity. Current yield 11.75%
  • Using Liquiloans/Per Annum to Park Short-term Capital. Liquiloans has recently come up with a 12% plan
  • Received returns from Webhelp on Kredx
  • Tradcred has launched some good deals such as Mother Dairy and Pidilite
  • Have invested in 4 deals to date on Lenderpartnerz
Kredx
Tradecred

Crypto Investing

Ethereum, the leading smart contract platform, has reached over $10 billion in cumulative revenue since its launch in 2015. This growth rate outpaces many of the largest software companies in history.

It took Ethereum around 7.5 years to reach $10 billion in annual revenue, faster than Meta (formerly Facebook), which reached that milestone in a little over 7.5 years, and Microsoft, which took 19 years.

Ethereum reached the $10 billion revenue milestone through fees collected on transactions and other activities on its network. This includes payments for using decentralized finance apps, minting and trading NFTs, sending cryptocurrency payments, and more.

However, prices of the crypto have not gone up much in the last month. This is not unusual for crypto where winter can last for 2-3 years followed by explosive rallies.

You can buy Hardware Wallets on Etherbit

P2P Investment

Current allocation:

  • India P2P – 55%
  • 12Club – 5%
  • I2IFunding- 15%
  • Finzy-10%
  • Faircent Pool Loan -15%
Platform Loans Selected Yield NPA
I2IFunding(Paused) Urban Clap Loans, education loans, Group loans 13.5% 4.8%
IndiaP2P Only Women Borrower Loans, Branch-based p2p lending 17% <1%
FINZY(Paused) Prime Borrowers, High Salary, A category 13% 3.7%
12 Club Only Minimum amount 12% 0%
  • I have completed 1 year of using IndiaP2P with steady performance. I am steadily increasing my capital on this platform.
  • I2Ifunding and Finzy have a very low volume of loans and I haven’t added any new capital in the last 5 months.
  • The systematic investment plan loan on Faircent ( Only SIP Loan) is doing well

 

IndiaP2P Performance

Equity Market

PreIPO Stocks

Homegrown solar panel maker Waaree Energies Ltd has filed a draft red herring prospectus with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO).

The offer comprises a fresh issue of equity shares worth Rs1,350 crore and an offer for sale of up to 4.01 million shares by existing shareholders and promoters. The stock of the company is in demand in unlisted markets as people expect a strong IPO listing. Altius Investech offers quotes for Waaree.

 

Listed Stocks

The Indian market has been in slight correction mode after the stellar rally. Overall Indian economy has shown more resilience than global markets, but the valuations are still not very cheap and India can be impacted by the global economy. However, some pockets have shown better valuation than others such as large banks like Kotak and HDFC. REITs/INVITS are another category that are at attractive yields.

 

 

Other Alternative Investment Assets  and Platform Updates

 -Alyf is an upcoming platform that provides fractional ownership of holiday homes in tourist destinations. Interested people can register and get a call from their team.

Alyf smart ownership

Growpital Investment –  The performance of the platform has been satisfactory till now as the payments have been on time to date. It would be great if more investors could share their farm visit experience.

Growpital(Promo code GROWRDIMES)

Leasify Investment – Leasify has recently listed a Sharepal Leasing Deal offering 20% IRR for 1 year. I will be soon doing an interview with the founder.

Fractional Real Estate Update- My investment in MYRE Capital has been performing as expected.  It is now called Yiedlwisex. I have been exploring other real estate platforms like Alyf. Will be doing a comprehensive post on the real estate options investors have.

 

Read more

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
Lendpartnerz

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.

Read more

Alternative Investments Portfolio – April 2023

     Republic bank crash

First Republic Bank has become the second large regional bank with assets over $200 billion to fail in just a few weeks.

Why did the bank fail? The First Republic grew rapidly through deposits from wealthy individuals and companies. It used those deposits to make large loans, including jumbo mortgages, when interest rates were at historically low levels in hopes of convincing customers to expand into more profitable products like wealth management.

Many of the bank’s accounts had deposits well north of the federally-insured $250,000. Once Silicon Valley Bank went under, clients pulled their money, fearful their deposits were in danger. First Republic said last week that depositors had withdrawn more than $100 billion, most of it during a few days in mid-March.

“Too many (First Republic) customers showed their true loyalties were to their own fears”

The current market environment doesn’t look great with Fed raising the interest rate while people losing confidence in the banks. Indian market till now has mostly ignored the noise but I am not too confident to add more capital to the equity market currently.

Alternative Investment Portfolio Performance

This month I explored a new platform. Many investors like me have been looking for a leasing platform that can offer pre-tax opportunities. Leasify is one platform that provides pre-tax options for investors. They also have a feature to provide liquidity to investors by reselling the deals in the secondary market.

Leasify review

I have made my first investment in Bud-E and looking to do a podcast with the founder soon. Will be sharing the details on Telegram and Mail to all the subscribers. It is a very new platform hence I would advise investors to evaluate it for some time before committing large capital.

We are also starting a Forum on Randomdimes where investors can discuss various investment opportunities, trading, and other finance-related stuff. You can register and get started here

Randomdimes Forum

Lending Investment

Platform Returns NPA
Grip Invest 12% 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 17% 11 Payments
Altifi 12.50% 0%
Better Invest 18.00% 0%
  • All my cash flows in Klubworks, WintWealth, Pyse, Leafround, and GripInvest are as per schedule.
  • My average IRR for completed Klub deals before fees is  30%!
  • Invested in Stashfin commercial paper on Jiraaf for 6 months considering Stashfin has recently raised money.
  • Invested in 2 invoiced on Leafround
  • Wintwealth is losing Vivriti at a 10% yield shortly.
  • Grip has A+ rated Shieldx offering 11%
  • 2 Betterinvest deals are lined up this month
  • Invested in Interim Finance bond Issued by Legalpay at 14% (Promo code FV48G4 )
alternative Investments India
Klub performance

New Deals

legalpay

Invoice Discounting and Pooled Loans

Platform Returns NPA
Liquiloans (Liquid Fund Substitute) 9-10% 0%
Tradecred 11.50% 0%
Lendbox (Per Annum +Settlement Finance) 11.50% 0%
Cashkumar(Elastic Run) 11.50% 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 Bizingo on Tradecred this month at 11%
  • Have stopped Cashkumar for the moment as no deal flow and visibility.

Crypto Investing

Bitcoin has been the best-performing asset of 2023. This is ironic as last year people were claiming that crypto is over. However, I feel it is a good time to accumulate good coins for the long term.

I will be using a hardware wallet for storing the bulk of my investments. Safepal and Ledger Nanao are good options for people getting started as they are not heavy on the pocket. You should compare the 2 before finalizing 

P2P Investment

Current allocation:

  • India P2P – 50%
  • 12Club – 5%
  • I2IFunding- 25%
  • Finzy-10%
  • Faircent Pool Loan -10%
Platform Loans Selected Yield NPA
I2IFunding Urban Clap Loans, education loans, Group loans 13.5% 4.75%
IndiaP2P Only Women Borrower Loans, Branch-based p2p lending 17% <1%
FINZY 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 10 months. Will consider adding some more capital in the next few months. Planning to do a detailed post  as well as an interview with  the founder of Indiap2p soon
  • 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

Most unlisted shares traded offline through select brokers have declined between 25% and 60% in the past year due to diminished investor appetite amid the underperformance of many newly-listed stocks and an uncertain market outlook. People can start adding few stocks through Altius or Unlistedzone

Listed Stocks

Indian Equity Market has been on steroids in the last month rallying from 17000 to 18200 in 15 days. I am again reducing my SIPS at this level which I had started aggressively 3 months back.

Other Alternative Investment Assets  and Platform Updates

Growpital Investment –  The performance of the platform has been satisfactory till now. Attended the latest webinar of Rituraj.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. There is a new deal on Sustvest with a 10.86% return.

Fractional Real Estate Update- My investment in MYRE Capital has been performing as expected.  They have recently been acquired and rebranded themselves which will have no negative impact on the platform.

Myre review

Aasthy Update –  Both my existing opportunities are in profit.  I am up 16% from my invested level. They are exiting the first opportunity soon. Will update you on the final performance

Read more

Alternative Investment Portfolio Performance – March 2023

Alternative Investment

The biggest shock for this month was not the market turbulence but the change in the tax structure for Debt Funds. Under the new tax structure, the Indexation benefit of Debt funds has gone which means there is no tax advantage to investing in Debt Fund over bank FD or Alternative.

In fact, the investor is better off putting money in FD which is protected under Government insurance up to 5 Lakh over the Debt fund as returns are the same. Arbitrage funds are a much better option now.

For investors considering Gold investment, sovereign gold seems to be the best option considering that now Gold ETF will have marginal tax.

Many Alternative investments with zero post-tax  and high-yield bonds have also become more attractive  with better risk-adjusted returns

Alternative Investment Portfolio Performance

This month I focussed on investing in Long Duration  Debt funds to lock higher yields before 1st April as there will be no tax benefit in future.

I recently did a podcast with fitrichsanefitrichsane who runs a telegram community on personal finance.

Below is the Spotify link of the podcast

Alternative Investments podcastAlternative Investments podcast

 

Lending Investment

Platform Returns NPA
Grip Invest 10-12%(Post-Tax) 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 17% 10 Payments
Altifi 12.50% 0%
Better Invest 18.00% 0%
  • All my cash flows in Klubworks, WintWealth, Pyse, Leafround, and GripInvest are as per schedule.
  • Klubworks had Azure deal live with >20% IRR
  • On Jiraaf invested in Navi Tech Corporate Debt Opportunity offering 11.96%.Though there are Marquee investors like Kotak, this deal has some risk due to the illiquidity of the security (OLA, Ather shares)
  • Gripinvest is doing away with the LLP structure and in the future only listed securitized deals will be available which has natural diversification benefits due to multiple lease underlying.
  • Have added Neo credit on Altifi as it recently raised 20 Mn Usd funds.
  • Received quarterly payment from Growpital on time.

New Deals

Better Invest
Better Invest
Altifi Review
Altifi
Leafround
Leafround Review
Gripinvest
Grip Invest Review
Jiraaf
Jiraaf Review

Invoice Discounting and Pooled Loans

Platform Returns NPA
Liquiloans (Liquid Fund Substitute) 9-10% 0%
Tradecred 11.50% 0%
Lendbox (Per Annum +Settlement Finance) 11.50% 0%
Cashkumar(Elastic Run) 11.50% 0%
KredX 12% 0%
  • Lendbox Per Annum returns are as per expectations.
  • Using Liquiloans/Per Annum to Park Short term capital
  • Some people are facing delays in Dairy Power on Kredx. It is advisable to stick to only trusted invoices. My invoices have been on time till now.
  • Have stopped Cashkumar for the moment as no deal flow and visibility.

Crypto Investing

Bitcoin and other Crypto have recovered significantly from the bottom in the last 2 months. This month I will be doing a post on how people can use cold wallets to preserve their crypto from the market crash. It is ironic that most people were eager to buy BTC near 60K  but were hesitant at the sub-20k Level. It is best to buy risky assets when the market is in fear as the assets are most mispriced at those times.

P2P Investment

Current allocation:

  • India P2P – 50%
  • 12Club – 5%
  • I2IFunding- 25%
  • Finzy-15%
  • Faircent Pool Loan -5%
Platform Loans Selected Yield NPA
I2IFunding Urban Clap Loans, education loans, Group loans 13.5% 4.75%
IndiaP2P Only Women Borrower Loans, Branch-based p2p lending 17% <1%
FINZY 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 10 months. Will consider adding some more capital in the next few months. Planning to a detailed post on IndiaP2P soon
  • I2Ifunding has very few loans and reinvestment doesn’t look possible
  • The systematic investment plan loan on Faircent ( Only SIP Loan) is doing well

IndiaP2P Performance

Equity Market

PreIPO Stocks

I have been doing some research on unlisted stocks on Altius. Will be sharing my insights based on my analysis in upcoming posts.The valuation of pre-IPO stocks has come down similar to the public market performance.

Pre IPO Index

 

Listed Stocks

I recently started Equity SIP again when the Nifty fell below 17,000. I will keep investing in Nifty at lower levels while reducing the SIP at higher levels and increasing it if it falls below 16000!  Index funds are now available for Small Cap and investors who are interested in low expense ratio can explore these

Nifty Small Cap Index

 Other Alternative Investment Assets  and Platform Updates

Growpital Investment –  The performance of the platform has been satisfactory till now. The platform has been raising decent capital too.I am awaiting the latest Audited financial report and appointment of a Trustee before scaling up my investment as there is a concentration risk as the complete investment is managed by the platform

Growpital(Promo code GROWRDIMES)

You can find the latest stats here –Growpital Performance

Sustvest Investment – My Sustvest Portfolio has been doing fine with proper repayments to date. Most deals have an IRR of around 11% which seems good considering these are post-tax returns.

Fractional Real Estate Update- My investment in MYRE Capital has been performing as expected.  There is a secondary sale in Times Property which I had also invested in the past. The IRR potential for new investors can be higher due to rent appreciation

 

Platform Returns Payment Received on time
Myre Capital 10% 12
Aasthy Update –  Both my existing opportunities are in profit.  I am up 16% from my invested level. They had listed a new opportunity this month on the platform.

Read more

Alternative Investment Portfolio – Feb 23

Every quarter investor hopes that Fed would pull the plug on the interest rate uptrend cycle only to disappoint. Markets have been tepid factoring in more rate hikes this year

Many people feel that this rate hike is an unusual behavior from Fed and might be surprised to know that in past we had witnessed sharper rate hikes. The last 10 years had a falling rate scenario which makes people forget the interest rate history.

fed interest rate

There is a consensus that a rate hike would somewhat end this year, hence could be a good time to add Target Maturity Debt funds to ride the benefit when rates start going down.

Alternative Investment Portfolio Performance

This month I explored 2 new platforms viz: Betterinvest and Altius. To be honest I had made my investment in betterinvest a few months back but wanted to do more research before covering it.

Betterinvest

Lending Investment

Platform Returns NPA
Grip Invest 10-12%(Post-Tax) 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 17% 9 Payments
Altifi 12.50% 0%
Better Invest 18.00% 0%
  • Growpital has been doing well currently. There is another upcoming AMA session in March.
  • All my cash flows in Klubworks, WintWealth, Pyse, Leafround, and GripInvest are as per schedule.
  • Klubworks had Network 72 Deal this month
  • In Jiraaf my investment in Bhanix Finance and Investment Limited (BFIL) corporate debt has started paying
  • Invested in 1 Inventory Finance deal on Gripinvest at 22% PreTax  and 1 invoice on Leafround
  • Have added Dvara and Stashfin on Altifi
  • Investing in Interim finance bond on Legalpay

New Deals

Altifi

Invoice Discounting and Pooled Loans

Platform Returns NPA
Liquiloans (Liquid Fund Substitute) 9-10% 0%
Tradecred 11.50% 0%
Lendbox (Per Annum +Settlement Finance) 11.50% 0%
Cashkumar(Elastic Run) 11.50% 0%
KredX 12% 0%
  • Lendbox settlement finance returns and Per Annum returns are as per expectations.
  • Using Liquiloans to park short term capital
  • Have done a Cocoblu deal on Kredx and Zetwerk on Tradecred
  • Not adding any capital to cashkumar as deal flow is too slow at the moment.

Crypto Investing

Bitcoin and Ethereum have recovered this quarter from the lows but the rally has not been sustained. Currently looking to add crypto and put it in Cold wallet gradually.

Alternative Investments India

P2P Investment

Current allocation:

  • India P2P – 50%
  • 12Club – 5%
  • I2IFunding- 25%
  • Finzy-15%
  • Faircent Pool Loan -5%
Platform Loans Selected Yield NPA
I2IFunding Urban Clap Loans, education loans, Group loans 13.5% 4.75%
IndiaP2P Only Women Borrower Loans, Branch-based p2p lending 17% <1%
FINZY Prime Borrowers, High Salary,A category 14.2% 3.5%
12 Club Only Minimum amount 12% 0%
  • IndiaP2P performance has been consistent for more than 8 months now. I have added capital to the aggressive plan only. They have added escrow feature that can make reinvestment easier
  • Rupeecircle repayment is also dead now. Blacklisting both Lenden club and Rupeecircle
  • The systematic investment plan loan on Faircent ( Only SIP Loan) is doing well

IndiaP2P Performance

Equity Market

PreIPO Stocks

Altius provides comprehensive research on unlisted stocks with historical prices. This can be a good time to accumulate some quality stocks in the unlisted space. It is advisable to create a portfolio than take a concentrated bet

Listed Stocks

The P/E of Nifty has come down from 24 to 20 in the last 1 year as the market has been rangebound.  At these levels, for someone with a long time frame perspective, it can be an opportunity to buy mutual funds in a staggered manner. In fact, in 2021 the PE was 40 at one time!

 Other Alternative Investment Assets  and Platform Updates

Growpital Investment – Growpital has been making good progress. Things look positive for now. Would be monitoring for a few more months before adding incremental capital.

Growpital(Promo code GROWRDIMES)

You can find the latest stats here –Growpital Performance

Sustvest Investment – There are 2  new opportunities on Sustvest offering upto 11% post-tax returns, My investments are performing well.

Fractional Real Estate Update- My investment in MYRE Capital  Vaishnav Park has been performing as expected. I have received cash flow on time for a year now. There is a new NCD opportunity  secured by Real Estate live on the platform

Platform Returns Payment Received on time
Myre Capital 10% 121.00
Aasthy Update –  Both my existing opportunities are in profit as of now though I had put a small amount in each.  I am up 15% from my invested level. They are also working on their LLP structure to make it more efficient for future projects.No new deals at the moment

Read more

Alternative Investment Portfolio -2022

Wish you all a very Happy New Year! 2022 was not the best year for most of the asset classes. Cryptocurrency and VC funds were the worst-performing assets in 2022 with a steep fall in valuation. Indian equities bucked the trend and have been an outlier this year, with the benchmark indices Nifty delivering positive … Read more

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