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

Alternative Investment Portfolio – Sep 2022

This month was quite eventful for the global economy keeping all asset classes volatile.UK’s economic decline has spiraled into a currency crisis, threatening to expose the fragility of global efforts to crush inflation. Events like Russia’s default in 1998 and, more recently, Greece’s debt crisis highlights that individual events can trigger wider financial turmoil. Rates … Read more

Alternative Investment Portfolio -August 2022

This month the world’s leading economic authorities sounded the alarm about the forces working against the Federal Reserve, European Central Bank, and other central banks as they combat the worst inflation in decades. A  shallow, but the long, recession that stretches over five quarters in the US, and a much deeper recession in Europe is … Read more

Alternative Investment Portfolio -April 2022

  April had a very nervous outlook for the traditional and crypto markets. The spread of covid in China, expected steep interest rate hikes in the US, rising inflation, and the Russia-Ukraine war are adding to concerns about global economic growth. Inflation woes can already be seen in rising commodity and food prices.   Cryptocurrency … Read more

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