In this episode, Anjali Sosale, Partner at WaterBirdge Ventures, unravels the personal and professional journey of one of India's most insightful market minds.
Deepak brings a refreshing perspective to the world of public-market investing with his humour, sharp analyses and candid opinions. To many, market commentary is as exciting as a mutual fund’s T&C. Deepak Shenoy is the antidote.
He turned a humble blog into a ₹2,000+ crore asset management powerhouse, serving returns of 27%+ annually to 1400+ PMS and AIF clients. Deepak also authored “Money Wise”, a best-selling book for people who hate jargon but love money.
Most recently, Capitalmind Financial Services received the final approval from SEBI to launch the Capitalmind Mutual Fund, joining a concentrated industry having fewer than 50 players.
Key Moments in the episode:
(00:00) Highlights
(01:30) Welcome & Introduction of Deepak Shenoy, Founder of Capitalmind
(03:09) Deepak's decision to become an entrepreneur
(08:42) Learning business the hard way
(11:51) Navigating funding through the dot-com boom and bust
(13:55) Deepak's introduction to Finance 101
(18:51) Maggi, Mutual Funds and Macros
(22:40) Meeting Nithin Kamath (Zerodha), and starting an algo-trading company
(26:15) Satyam Scam and Bernie Madoff
(29:15) Starting Capitalmind
(37:07) Joe Rogan-ing the finance world
(39:09) Domestic consumption drives domestic investments
(45:40) Long way to go for retail participation
(51:07) Blossoming into a coveted Mutual Fund House
(56:20) The Future of SIPs
(1:03:20) Loans against Mutual Funds & Securities
(1:06:43) Reform Recommendations
Relevant Links:
WaterBridge Ventures: https://www.waterbridge.vc/
Capitalmind: https://www.capitalmind.in/
LinkedIn Profiles:
Deepak Shenoy: https://www.linkedin.com/in/deepakshenoy/
Anjali Sosale: https://www.linkedin.com/in/pinkamma/
WaterBridge Ventures: www.linkedin.com/company/waterbridgeventures
You can also listen to this podcast on
YouTube: https://youtu.be/lRiWhuOupVA