āđāļĄāđāļŠāļēāļĄāļēāļĢāļāđāļĨāđāļāļ§āļīāļāļĩāđāļāļāļĩāđ
āļāļāļāļ āļąāļĒāđāļāļāļ§āļēāļĄāđāļĄāđāļŠāļ°āļāļ§āļ
The Rise & Fall of Saurabh Mukherjea | India's worst performing PMS | Akshat Shrivastava
āļāļąāļ
- āđāļāļĒāđāļāļĢāđāđāļĄāļ·āđāļ 18 āļŠ.āļ. 2024
- ð You can explore US Stock Investing using Vested and also enjoy extended hours trading (trading in after-market hours) - a premium feature. Signup to get $10 funding in your account:
vestedfinance....
__________
ð Join India's biggest investor community (only at 159/month): / @akshatzayn
________
ðBuild your fundamental knowledge on Stock Market investing:
wisdomhatch.co...
________
Saurabh Mukherjea is one of India's top fund managers
He manages a portfolio of approx, Rs. 10,000 Crores.
But, his fund, Marcellus, performed the worst this year.
What went wrong?
And should you follow fund managers with your investments?
Watch this video till the end to understand holistically.
P.S: NOT AN INVESTMENT ADVICE. Please do your own due diligence.
****
Sign up for my Newsletter âš wisdomhatch.co...
Linkedinâš / akshatshrivastavainsead
Twitterâš / akshat_world
Instagramâš / akshat.world
****
Attributions:
Stock videos from Pixabay and Pexels
Logos: Wikipedia Commons
Video and TN editor: Ayushman Khare
![āļāļāļāļāļĢāļĢāļĐāļēāļāđāļģāļāļēāļŦāļĨāđāļ - āđāļāļ āļāļĢāļāļĩ [OFFICIAL MV]](http://i.ytimg.com/vi/PFZtOcY9ONA/mqdefault.jpg)
ð Join India's biggest investor community (only at 159/month): th-cam.com/channels/qW8jxh4tH1Z1sWPbkGWL4g.html
________
ðBuild your fundamental knowledge on Stock Market investing:
wisdomhatch.com/stock-market/
________
ð You can explore US Stock Investing using Vested and also enjoy extended hours trading (trading in after-market hours) - a premium feature. Signup to get $10 funding in your account:
vestedfinance.co.in/AkshatS
__________
Worse there is no value in this co.munity.....
How abt ur paytm stock boss ,which u have mentioned in previous of ur advisory video an u bought the stock as wel
Abhishek, make a video on where one should park their emergency fund.
Thousands of people can use this information, who want to secure their position before entering the investment arenas. Please.
I do not much understand or not having much interest in stocks market. But do make such videos so that we can rectify and understand things well... therefore, it may help us to clear the misunderstanding.
Great content.
As a professional you should have not used this title for this video...Saurabh has great wisdom and he has his own style of investing , as a community we should always use encouraging words for other investors (specially if they are renowned)
I disagree , his investing philosophy should be called out publicly
If you disagree, no harm but criticising someone is not wrong, if they hv large team of professionals, one can ask for atleast DECENT performance
agreed
I admire @Akshat and saurabh both , Its just that the title of this video should have been different ( non - taunting)
I dont think he makes the decision regarding Title and thumbnail
Pls be careful against defamation. What if someone makes a video on your mistakes. One can talk in general about bad investing practices but avoid pointing fingers at someone. Tomorrow that someone can be you.
There is more responsibility and reliability required from a person whoâs managing a 10,000 cr portfolio vs a TH-cam learning channel. It is important to ask questions and critically analyse peopleâs answers, especially if they are in position like Saurabhâs. Pointing fingers/defamation is very different. Accountability is a must.
namaste dear jatinlalbhai. please watch the video again. akshat has not defamed or pointed out fingers, listen to his opening remarks. he wants his followers to learn from it. nothing more. Jai shri krishna
True. I bought TTK Prestige after seeing Akshay's video around Diwali time. Sold it at loss. Not holding it against him.
I agree with the other comments. The video title and thumbnail seems like a direct attack and is very unprofessional. I've learnt a lot from his books and interviews and even though I don't subscribe to his view 100%, I think there's a lot to learn from him.
You should consider changing the title / thumbnail.
ðŊ agree
Akshat is after PR, to sell more PAID subscriptions, just do the math you would know.
True, cheap thumbnail for decent content. There is lot to learn from Saurabh Mukherjea.
What have you learned from his book I am considering to buy his book now
Waiting for Rise and Fall of Akshat Shrivastava !!! Saurabh was one of the pioneers in the industry who has a different style of investment ! Please don't have so much of attitude and ego Akshat ! Be Humble and respect others
He needs to raise eyebrows to sell the course on wisdom hatch. Cannot do that with respect and no attitude.
This is call bull market ...where first time investor all able to beat Akshat or Saurav Mukharjee and claimed himself to be wonderful investor.... Real challenge will come in bear market and when men will be differentiated from all the boys of investor
But his firm invested in Trent 6 months ago and it has given a return of 100% n counting.
Brother, he manages Rs 10,000 Cr AUM and you manage 1.9 M subscribers. That's the only difference I see. Wait for upcoming few years. His philosophy will work for long time. You are comparing his results against last few years. It will not grow as your subscriber count does. Have a patience.
ðð...
100% true. Everyone makes money in a bull run, companies without any fundamentals or with suspect accounting standards or no profits have become multibaggers and are trading over 30x once the next crash comes it will separate the wheat from the chaff
@@aaronnore broo.... Not every good company is a good investement
@@sankarsreekumar4996 I agree in a bull market everything goes up, most of the psu banks have the same issues over and over again. They lend to questionable businesses and in an economy downturn go burst only for the government to bail them out.
Akshat, Reason given for selling HDFC AMC has been very clear and understandable. These are not few words stuck up together.
If these really don't make sense to you, pl revert.
Akshat says it's his call not to invest in Adani stocks, which means he missed the bus just like Saurabh Mukherjee. There's always a period when your investment thesis will not work.
But, the thing is Akshat uses his own money.
while PMS uses our SIP money, and if u dont make money, then its a problem
Take some cola and watch the show in the next few years.
I am not a fan of Saurabh Mukherjee and I have not invested a single money in his funds. However, some people literally do not have time to research and invest in the market if those people are trusting him it's their choice. Just like Saurabh Mukherjee Akshat is trying to sell himself and that's ok. This is how one makes money in a capitalistic society. It will not be a surprise if Akshat comes up with his own fund one day and I am not against that, However, I also criticize everyone.ðĪĢ @@shre6619
â@@sapkyoshiWhat about those who invested 3-5 years back with a 3-5 year perspective?
@@shre6619 Akshat sells his channel membership by providing exclusive stock recommendations which according to him will outperform the index. So his viewers money is at stake too.
As they say in cricket - "Form is temporary but class is permanent".
It's a sad day when one of my favorite educators feels the need to talk bad about another one. Akshat of all people should understand Marcellus responsibility of managing huge AUM and why they need to stick to their principals/ business fundamentals and not deviate based on technical movements. Every single exit by Marcellus and been clearly explained with rational reasoning. While I also can't relate to 'buy at any price' model, doesn't mean their other selection process is flawed or inconsistent at any time.
Don't get emotional, listen and take positive thoughts, invest slowly. Your passion and hard/smart work only is going to pay you.
@@mahidarshansuyal2801 not emotional but thank you
Exactly the words I wanted to write
Why are you feeling sad? This is not one guru taking down another guru. This is just one financial expert criticizing the choices made by another. No big deal!
Agree!
The best judge of Saurabh's performance are the investors themselves.
And they are leaving at a tune of 40cr per week.
@@mrgyani Oh. How to check that data?
â@mrgyani no it's good actually growing, so Akshat, downfall has started because of his pride
â@@mrgyaniððyou git this number in your dreams?ðð
I really can't understand why he is critisizing openly. Sourab has his own reasoning. There are many stocks which Akshat was wrong about.
I was out from paid subscription of Akshat sometime back after getting trapped and just going via his recommendations which most of them were fired back measurable, I am rebalancing my pf on my own nowadays after learning from other sources.
He' s minting least a crore in a month just using his paid subscription to people like us, If you notice he mostly talks about finance and macro economy which is his forte otherwise rest is usual stuff.
@@manofsteelind Finance and macro economy are also not his forte. He does copy paste which makes no sense. Just try to go through his 3-4 videos in one go continuously. You will understand the contradictory views/ opinions/ theory among them.
He moved from HDFC Asset management because people are shifting from active to passive mutual funds. you can't compare youtube finfluencers with Marcellus levels of account auditing.
Seriously he's comparing his personal investments with someone who is managing over 10k cores. Very petty of him.
But akshat made decent returns which is more than pms could make
This year I spent $17,613 on my living expenses. That includes housing, insurance, utilities, gas, food, everything. Averaged out to a little under $1,500 a month.It's important to note that individual financial situations vary, and what works for one person may not necessarily work for another.
Working with a knowledgeable and reputable financial adviser can indeed provide personalized guidance tailored to your specific needs and goals.
I've been struggling with finances for months after I lost my job and I havenât been able to get another and also the bills are so much for me For real.
In the dynamic world of finance, where fortunes can fluctuate, remember this crucial advice: spend wisely, invest strategically, and diversify your holdings. Turning this philosophy into reality becomes seamless with the expertise of Samuel Peter Descovich, a seasoned specialist offering a diverse array of investment options. This approach minimizes room for regrets and opens avenues for potential gains, ensuring a resilient financial journey.
SAMUEL PETER DESCOVICH
GOOGLE the name
Thanks, I found your coach online easily and researched him before our call. His online resume indicates knowledge and expertise..
Wow I know Samuel Peter Descovich. His platform maintains a unique perspective and is very transparent with their investors.
Regardless of whether or not he outperforms i will always stay invested as his methods alone with keeping investors in touch with their strategies and outlooks are something that so few managers are capable of and they should follow suit
I am investing in stock market only because of Saurabh, his style of presentation and story telling is magnificent. I buy CCP stocks only on dips and i m sitting on 14 % returns in 1year
Bot army
Actually, if you'd bought the index, you would've outperformed prince Mukherjee by 15-20%!!!
You could have simply bought a nifty ETF and made similar returns . Why incur the transaction costs and put in the extra effort to pick up stocks on dips .
Just 14 % ð you should have invested in index fund then
I can see people asking to invest in index funds which i totally support, i primarily invest in direct stocks for 2 reasons . 1. I get dividend income from stocks every quarter which is significant if u have big corpus. 2. I always tend to get opportunity in particular stocks to enter my sip money even if market is all time high for e.g. i added tcs @3330 even when nifty was 20000.
On top of it i get 12 pct a year by pledging shares and do deep options selling ( i know the risks but i play it over safe by selling deep otm, i have been doing it from last 7 years without a single monthly loss)
First of all Saurab is an excellent investor with a great process.
Most fund managers do have a lean patch of 1-3 years in their carrier.
Warren Buffet's Berkshire Hathaway has underperformed the SnP 500 for the past few years and many periods earlier in his long carrier....
Think Marcellus will beat the market significantly in the coming years.
Okay sure Mr. Saurabh Mukerjee xD
Ha ha. Mukherjee had planted his stooges for his PR really wellð
Yeah Akshat pretending as if his portfolio and recommendations are never wrong and will always outperform the market.
@@girishkm7618 did akshat say that? Don't indulge in assumptive extrapolation.
All he's saying is that Mukherjee sucks. And that is true - he lies and he underperforms - the rest of the investment managers and the index - by as much as ~15%.....
I used to be a fan of theory of Mr Mukherjee earlier. But few things made me change my outlook:
1. He propagates hold n forget philosophy in coffee can investing but in practical life, does not follow it himself.
2. He had a seminar on relaxo proving with reasons why inspite of it's loss it is great investment option and he will never sell his relaxo shares. Few months later, he got out of relaxo.
These show us that Mr Mukherjee does not follow what he himself preaches. This makes his credibility, or atleast credibility of his philosophy, dubious. Hence I stopped believing Mr Mukherjee
Ok, so here is the thing; (Disclaimer: I admire Saurabh's style and have read almost all his books) I combine his strategy with my own. I try to copy his portfolio but with a value perspective. I do not believe his style of buying stocks at any price. I do copy his portfolios but I buy only on dips. I copy his CCP, RG, LC and KK folios and my returns are 13%, 15%, -2% and 20% respectively. Another reason Marcellus is facing the flak is because all his portfolios are PUBLIC. No other PMS in my knowledge has made their investments public. Yes, the weightage is private but the thesis holds if you see the list of companies.
But I do agree with your point that he has made mistakes in terms of macro and timing of entry and exit. But you can't deny his ability to pick quality stocks. Timing is where he made mistakes.
By the way, thanks for making this particular video. I agree with you on most of these things.
Data Comparison of 5 Yr CAGR Returns of Marcellus CCP PMS
Marcellus CCP PMS 5 Yr Cagr - 16.3%
Nifty 50 TRI - 14.5 %
S&P 500 TRI - 16.6%
Gold - 15%
Marcellus Fee are 2%
data current as of Nov 2023
He moved from HDFC Asset management because people are shifting from active to passive mutual funds. you can't compare youtube finfluencers with Marcellus levels of account auditing.
@@AruPolik agree with you!
Hi, where can one check marcellus pms constituents?
hey how do you check what is Marcellus portfolio you mentioned..
Instead of focussing on negatives of others, if we focus on our own positives, that can be more fruitful for one's own development.
Instead of focusing on giving advice to others, if we focus on our own behavior, that can be even more fruitful for one's own development.
It's not right to pass judgement like 'Fund Managers make mistakes' until you really know what their investment horizon is, what is the investment theme and strategy, and other macroeconomic or sectoral headwinds. Identifying a Clean Management is what his Fund Management does well than others. All of the qualitative factors you mentioned are available to all
Agree
I was watching one of Mr. Mukherjea's interviews where he was asked about ITC and he said he is not investing in ITC because ITC is unable to reinvest the profits into the business again which I think is one of the key points of his strategies.
Do you think he is right avoiding ITC?
ITC is a must in the portfolio
@@dattuurs9113 Yes personally I too think so
Don't stoop so low , it's not expected of investors. Every portfolio has good and bad cycles of growth. And stop doing things to get cheap popularity. Saurabh is going by his rationale of investing , you go by yours. Teach investing, don't do this shitshow.
There is difference in between managing your money and managing 100's of families Money. we should wait for next 3-5 years before make any POV.
Correct
He moved from HDFC Asset management because people are shifting from active to passive mutual funds. you can't compare youtube finfluencers with Marcellus levels of account auditing.
Well said!
Honestly, I am surprised to see this video of yours and simply fail to understand the intent with which you made this video . I have been a member of your paid member community for long time . I also listen to Saurabh Mukherjee and have great respect for his integrity and transperancy. His wisdom in the stock market is undoubtedly solid. You can speak out all these things today , in hindsight only, but in no way it makes him any less . Many fund managers will have had such missed opportunities . After all this is stock market . Please remember , people living in glass houses should not throw stones ! This was not expected from you.
It is ironical and funny that Saurabh looks just like Akshat's elder brother! Classic Reliance flashback!
Ufffðð
Yo, ðððð I never realized that
Ayooðð
While I too have lost by following his recommendations and logics on Relaxo Footware, Galaxy Surfactant and Fine organics, owing to â growthâ oriented investment, I respect Saurabh for being open and transparent in his approach towards investment. Yes, no point having a PMS to build Large Cap safe stocks. On that I agree with Akshat Srivastava.
But don't you see bajaj auto hero both are large cap and given good returns
Saurabh buys stocks at higher highs. It is guaranteed to fail. While Fine Organics was a good buy at 750/ 1000, it is not at 7000Rs. Entry point matters a lot to make good return even though the stock might be an excellent business fundamentally.
This joker also bought relaxo footwear an year back at 900
Great stuff. We can't ignore the potential impact on portfolios. Bonds are often considered a safe haven, and if they eventually crumble, investors like me might scramble. Iâve been investing for 11 yrs and my 1m portfolio has never been this depleted, how i do hedge this?
In fact, markets have been incorrectly priced in such a way that the fed has to pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. This show why pointers from finance-managers are essential
A lot of folks downplay the role of advisors until being burnt by their own emotions. I needed a good boost to stay afloat, hence I engaged the services of a true market strategist to help rejuvenate my 700k portfolio and boost performance and returns by 40% in a little over four years.
Please can you leave the info of your lnvestment advsior here? Iâm in dire need for one
Doing your research will save you a lot of hassle. Monica MARY Strigle is her name and she is licensed.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
The real Akshat Shrivastava finally stood up. Or should we say stooped low.
Used to like him. It seems like Akshat is compelled to make multiple videos a week just to promote Vested these days. Wonder how much they are paying him.
Like you, he is a good Marketer and sales man. Atleast he didn't sell Vauld while getting money for it.
taking saurabh name is negetive way is not right. He has excellent understanding of stock market and this can be a one of case.
the world is round who knows tomorrow we may find the same video with a name change
Appreciate efforts you take to improve financial knowledge of common man. But, I feel it is personal attack on Saurabh Mukherjee. Otherwise why you should take his name so many times in this video ?
You could have analysed his company without attacking him also. Yes, it is true that you will get more views by having these type of titles and attacking famous persons.
Ok ð
Just take a look at any of Saurabh mukherjea videos. It gets 25k to 75k views. It's why they use his name extensively. BQ prime hindi did inaugural show with Saurabh to bolster views. They feed off him like leeches.
SAURABH IS LEGEND IN BASICS AND I PROUDLY ANNONCE HE IS MY MR INDIA MENTOR
REALLY GREAT PERSONALITY
SIMBLE & SOBER ð
namaste dear pawarsahib. if saurabh is your mentor, what are you doing watching akshat. in the opening itself he has clearly stated what is the purpose of this video. learn from others mistake and ensure we do not make this same mistake. full stop. All the best. Jai shri ram
@@mukeshshenai9334 RESPECTED SIR
THANKS
BUT DO READ MY OTHER MESSAGES FOLLOWED
THIS GURUS WILL NEVER REVEAL THE ACTUAL WORKING PARAMETERS OR EVEN SPEAK ABOUT THE PRICE ACTION DRIVERS BUT, WHAT SO EVER WE WILL HAVE TO CREATE OUR OWN MEASURES
ALL THE VERY BEST TO YOU MUKESHJI
JAI SHREE RAM
ð
Writing being a Community member:
Its okay to make mistakes, but you could have just removed name and photo of Mukherjee and also you should also make videos on bets that you made were wrong to be fair to people.
Idea of this video is not very astonishing to me as you yourself now don't have any idea whether to buy this stocks now, you keep saying "I don't know". Its always easy to say later what got wrong
He keeps saying "I don't know", but does Mr Saurabh Mukherjee do so? Akshat doesn't share his bets that went wrong?(community included) IMO, he always does. Your comment feels like you haven't really followed either Saurabh or Akshat long enough or close enough. In fact I would argue, Akshat's uncertainty and Saurabh's overconfidence are what led to respective results.
â@@sladewinterwhat about Alkylamines? Why did he invested and sold at loss? As PMS has a track record, he can trace. Let him also do that. As he don't want to invest in Adani stocks, saurabh also don't want to invest in public sector banks. No one can invest in that are only giving positive returns. Look at the performance in long run not 1 year performance. No one invest in PMS for 6 months, 1 year.
@@ramanajaneyareddy9944 Does Saurabh himself invest in Adani stocks? Did any reputed investor invest in Adani (maybe I don't know, please enlighten me). Has Marcellus CCP been there for 6 months, 1 year only? Please check its performance against Nifty since 3year, 5year etc as well . Do note Covid gave us a decent Bull run
The videoâs title is in a bad taste. You may consider changing it
Agree.
Totally agree . The content is good but "Title" .................
TOTALLLY AGREEEE . .
Mr Akshat You are doing a good job by educating lay man like us, but pls focus on your investment methods and strategy... this is not right to criticize others. And remember every dog has a day, may be Mr Saurabh strategy is lagging behind, it does not mean we jump to become opportune and attract potential investors. Secondly, today we know Asian paints as a good company and we dont need to pay investment manager to select that, but remember Mr. Saurabh has selected this 10 yrs back, when no one was talking about Asian paints. So likewise, he might have selected some more multibaggers consistent compounders which we he will share in coming next couple of years... just wait patiently things will unfold in its due course of time... this is my suggestion.
He is getting arrogant and have started to think that he is always right ..
Akshat is infant before Mukharji
Cheapest way to gain popularity.
I once watched Akshat interviewing saurabh and was all praise for him
Time Frame matters a lot! SIze of Capital also matters ! Sourabh is a very good teacher and a has a philosophy thats backed by data and history. Remember Munger words > The idea of caring that someone is making money faster [than you] is one of the deadly sins.
I follow Mukherjee for 90% of my portfolio which is 2-5% down tghese days but few stocks are up 40% so enjoying everything and agree with Marcellus commentary
Hahaha, Nifty all time high, and portfolio still down, brother time for introspection
One of few points I understand is that he has made portfolio public so everyone is participatingâĶa small investor can rotate portfolio by doing buying and selling very frequently at any price but same is not possible if your portfolio is worth thousands of croresâĶat last valuations matters so a good company may remain stagnant for couple of years if bought at wrong priceâĶI think in current market swing traders have made good money compared to long term investors..
He moved from HDFC Asset management because people are shifting from active to passive mutual funds. you can't compare youtube finfluencers with Marcellus levels of account auditing.
You should wait for 1-2 more years to comment on Saurabh. He is gem in investing world.
Decreasing AUM (its not huge outflow yet) is not a sign of Fall of Saurabh Mukherjee. Congratulations Akshat for a clickbait title focused for likes and views.
I am not a big investor but follow Saurav Mukherjee's investment advise for a long time. I could not understand how this video is helpful for this community
Is he your boss? Why is there a bot army here defending him?
I got the courage to invest in Stock market by following Mukherjee. His investment style sometimes I think can be optimized (I am a layman in stock investing) may be by investing say 25 to 30% in more aggressive stocks to beat the Index. Have you heard of an investment manager from Kerala (cheap stocks man)- an investment manager without any kind of thought process and knowledge but he survived for some times appeared in national news channel until last crash. Mukerjee is a very knowledgeable person with consummate knowledge, gave me the confidence to invest my hard-earned money in stocks and I hope he will come back soon with stellar returns on investments.
bro first invest in his pms or talk to his customers... then u will know the truth
@@ayonkumar9592 it is based on my experience. Also have you noticed the performance of Axis 25 fund. CCP is also in same line. He may be constrained as unable to deviate much from the CCM concept
I can certainly sense that this was something personal against a reputed fund manager like Mr. Saurabh Mukherjea
Not something I expect from you, Akshat.
Saurabh's stock selection is amazing for long term investors, you may consider even stocks he exited, they are also amazing. Timing of his buy/sell may not be right, however when you are buying for 1000s of portfolios timing may not work at all. His reasoning behind each stock, gives conviction to hold and add more at bad times. Also for HNI's and people not having time/interest to manage money, PMS and MF makes perfect sense.
Get lost Mr scammer ðĪŽðĪŽ
â@@āĪ°āĪūāĪŪāĪāĪāĨāĪĪ..āĪļāĪĻāĪūāĪĪāĪĻāĨ..you need head first to get something into your headðð
This seems like hit job. These funds regularly go down one year and go up the next. Choosing just Saurabh seems like jealousy.
Arrogance at display .. Saurabh is a very clear headed guy who follows a principle and process ..
then dont watch
Am disagree with you. I go through sourabh Mukherjees both books. It's amazing to choose good stock for long term investment. I don't want any stock to double with in year during bull run and fall 60 percentage in next year. If one of his great stock HDFC BANK does not perform in two years, it's not mean that HDFC BANK is a bad stock.
Everyone will hv a dull period. Just because his portfolio is down doesnât mean he has âfallenâ. That is too harsh and unprofessional and is like hitting below the beltâĶ
Why you hid your interview with Mr Mukherjee from TH-cam?
I have been seeing you long time to notice.
Exactly!
I remember seeing that video and now nowhere in results. Seems like a fallout.
What about your stocks Akshat - HDFC Bank, Whirlpool, Amrutanjan, tarsons products, Rajesh exports, Delta corp, etc. (Very very poor performance). And your HUL, terrible !!!
Also why are you showing Warren Buffet's videos (who is a value investor) to compare a growth investor like Sourabh Mukherjee.
Warren Buffet's firm himself suffered a 12.8 billion loss in the third quarter of 2023.(ref. Times of India).
At the outset let me admit that I am a beneficiary of Saurabh Mukherjeeâs strategies. I am benefitted because I invest my own funds & I can wait till the time is right to invest. I do stock selection based on Marcellusâs strategies. You know very well that running a PMS is a different ball game. Investors pump funds when the market is up & the fund manager is compelled to deploy it when the valuations are high. This affects the performance of the funds. Your criticism has left a bad taste in my mouth. It should have been avoided. There was no need to pull someone down to gain a few more subscribers.
Pointing out someone's mistakes is not very good. But we should take it as a learning opportunity. Stock market is very very difficult. The simple strategy is, pick a good company available at a good price that has good growth potential. But the thing is, I find it extremely hard to do this.
Marcellus have a dozen of dedicated researcher and here mr akshat srivastava is debunking their whole investment philosophy -- saurabhs consistently said that their vision is the manifestation of their investment philosophy whereby they are looking beyond the 5 year cycle âĶ however akshat disregard the whole picture .
He is not beating the market. It's as simple as that. If market has doubled in 3 years and his fund lost -12% , it is loss no matter how you cover up
I myself invest in one of his (marcellus) portfolio-- in simple words - rather than chasing stock price marcellus chase earnings growth , company general economics , management competency âĶ
The fund manager told me clearly that if you want to chase stock price your better off elsewhere and emphasis that their portfolio orientation is beyond 5 years .
Iam happy holding quality company for a decade rather than chasing a mere stock price short term profit like akshat do.
In the thumbnail Saurabh and Akshat are looking like brothers. They have so many similar features lookwise ðĪĢðĪĢ
I was listening to the Foreword to Poor Charlie's Almanack book. In the foreword, there is this part where the author of the foreword says, [Charlie Munger in his partnership with Jack Wheeler had attained a CAGR of 28% for 11 years before he ran into two years of 30%+ declines. Then after the two down years he made 70%+ gain to attain a CAGR of 19% for the 14 years.] So, I think we can't judge an investor for one year or 2 years. Also, there are many successful investors with many different styles of investing. I think it is best to judge our own performance and be charitable to others for their down years. Who knows, if we are doing well this year, we might be in Saurabh's shoes next year. Anyway, I enjoy your take on this. Keep up the good work.
And you yourself copied him soo many times:
You covered many stocks which his portfolio had:
Relaxo
Aavas
Tarsons
Amrutanjan
And many others
Laughing at others misfortune is quite often quickest route to hell .
One of the most courageous and interesting videos of yours where the most populour finfluencer analytically criticises the most populour PMS manager. Hope to see some counters from Mr Mukherjea as well!!
There should be a rule such that when pms gives profits only investors should give expense charges, if loss is done then pms should pay this charge to investors
Dear Akshat
You have been an excellent guide. You have been thorough with your investment areas especially financial sector. But I would suggest you not to target people and investors. Doesnât seem to be professional enough. It was highly unlikely of you to do that.
I know you have been good with the content so would want more of that from your side.
All the very best.
I am investor since 2010 and have made very good money doing DIY investing also with SIPs in mutual fund. I am also investing in Marcellus CCP (since last jan 2022) & Rising giants (since jan 2023) . So far my returns with Marcellus have been decent and not great but I also like to be patient with all my investments. I like the stocks they have picked & pretty sure they will make good enough money for me in long term. I agree that Saurabh does use very trivial examples to market his funds, but one need to be smart enough to ignore them as noise & concentrate on meaty part of his investment style. I have many other opinions on how Marcellus could improve & provided them the feedback & I see them incorporating some of the feedback. Not a fan boy of anyone, but here to explain rationality of making money in long term. Mr Akshat here is just picking few random incidents for criticism which can happen with best of investors all over the world & promoting his channel which is easy to do by anyone for anyone else. I find some or many of his views like profit booking etc in this video amostly short term in nature & do not agree with them.
Sir It's great to hear that you are having 13 yrs of experience in market....Want to know two things if you could help.... Firstly which are good for long term investment... Mutual funds or direct stocks and secondly how much returns have you earned in these yrs ??
His efforts are genuine. If you publicly admire achievements then why canât mistakes.
Buddy Focus on your mistakes (there are many) and not Saurabh's. There is no comparison managing your 8cr vs managing tens of thousands of crores. Pls concentrate on your self.
Dont do SIPs, but buy the course I have in my video description, pay for it and make me rich ð
Excellent. You are absolutely right in exposing Mukherjea who is a story teller and nothing else. Please make another video to expose Lucky halwai Maheshwari and his PMS, small cases etc. Lucky halwai is a bigger story teller than Mukherjea and poor villagers rush to him to become rich overnight.
ð
sehi bola about lucky hallwai. even Basant ji is making money taking huge commission,
I agree expert can make mistakes, like anyone including Saurabh as well as Akshat
Ashneer Grower ka ek video tha jisme wo audience ko mana kiya tha uska aur Ankur Warikoo ka nam same sentence me bolne se. Same applies here also.
Remember crpto akshat also made mistakes and people lost money
I too opened an account in Vauld by listening to him.ðĒ Hence sitting on 100% negative ð
Dont even count akshat as an expert. He is a scamster
@@girishkm7618True I know one of his friends who hates him and he claims that Akshat manipulates the market for small stocks, he buys stocks when he asks us to sell them
1. May be the point of not to pay for PMS for sticks like HDFC etc is good.
2. As a fund manager you can't sell when ever stock goes down 10% And buy again. Its practically not possible. When you have a confidence on a company you don't do that.
3. There are so many companies which are good, he can't invest in all stocks.
4. As you asked why he sold HDFC AMC at loss, why you sold Alkylamines? Can you say it won't grow in future?
5. If you are so knowledgeable, then open a PMS or small case at least and show your potential.
Don't do these kind of silly coments on person like Saurabh.
He will answer to his clients if PMS performance is not good.
Akshat was seen praising RaGa and Raghuram Rajan...
Dont mix investments, teaching with ideology.
This video is sub standard. Mr Mukherjea had the guts to disclose his holdings...
Investments can fail but not character is supreme
Excellent analysis ð I was impressed when you said don't pay commission to PMS companies to buy stocks like hdfc, asian paints etc.. ðð
Exactly this is what Sunil Singhania from Abakkus PMS said in a dual interview with Saurabh. Later they said Fund manager knows when to allocate the amount, that is move money from one stock to another based on market conditions.
But think from contemporary times and not now
I watch Sourav Mukherjeeâs videos and am also your community member for quite sometime. I have also read many books of Sourav Mukherjee. But I buy his stocks only on dips and my portfolio is doing well. Similarly I do my own research before buying any stock recommended by you.
Absolutely. His portfolio open to world. He is fund manager, can't sit on cash.
As you said he is a growth investor
Buy his stocks in lower valuation. I am also sitting on 15% profit.
Surely a very disgusting thumbnail and caption.. This kind of unprofessional behaviour is totally uncalled for. Seems a personal shot here!!
You Akshat Srivastava will come down badly one day for creating a negative aspect about Saurabh Mukherjee. He is a genius. Life will come a full circle one day. Keep this statement in your locker to see it one day.
I'm big fan of Saurabh Mukherjee,,
His view are very clear and base on facts,,,,
If I recall, I think you also interviewed SM some time back. I m sure he influenced you as well. However, not able to find the video now.. May be too early to write him off. He has a great process and has definitely helped the retail investors in identifying good companies..I think one of the funds is still doing good. I recall similar thing happened with Porinju during Covid and everyone was criticizing him for his picks but he has bounced back since. Let's see as they in the equity market, time is your friend.
Yes, he cleverly hid it, I am also searching it where Rakshit Ranjan was also present -
You could have avoided naming him oftenThere is a saying in Tamil , even elephant with strong legs sometimes misses its step and fall Never ever attack individual It may boomerang
When you are handling ten thousand crores there have to be processes that have to be followed. Saurabh is open and transparent unlike others. Infact one famous investor recites poetry and sings songs but never educates the audience. Saurabh is the poster boy of the new India.
first time, i did not like your video, seems like you are gloating. we can discuss the learnings, but you are getting personal. Sorry , just a feedback
You have also invited him in your channel long time back.
Lets just say this is not your best video. Lessons could be explained without taking names.
If i buy nifty 50 stocks at dips then can i able to make 25+ returns ??
"If fund manager is not performing, you should not be giving it your hard earned money" this hits badly when you are a govt employee and have to invest in N P S compulsorily. ð
NPS allows you to choose the fund of your choice.
@@girishkm7618 thoda dekh lo bhai .. reply karne ki itti jaldi kya hai
Google the past returns of all those fund managers. Except for one asset class, NONE of the fund managers were even able to beat their benchmarks.
equity under NPS not performing well compared to benchmarks almost same story for all fund under NPS
â@@girishkm7618No it doesn't have any option to change under tier 1
NPS has the option to change funds for government employees. But there isn't any such option available for employees of central autonomous bodies.
Dear Akshat, these days you really sounds like a short term trader! Stocks are pieces of businesses which are bound to be held long provided they are well run profitable businesses. Short term under performance is immaterial. Valuations are definitely to be looked into, but selling on near term high price levels is not at all a real investor's wisdom as they loose the next high levels as the earnings & hence the free cash flow catches up.
I had done a detailed analysis on rajesh exports (session-88 of my channel value investing series witu Bijoy) a stock you had suggested in a video, a company with numerous red flags, & see were that stock has fallen to!, then you freely critize the investment rationale of long term steady market players!, not at all expected from you Akshat! Sorry that I had to be frank over here on my opinion..
With all due respect, this isn't what I expect from you. Not a fan of this!
This wasn't expected from you Akshat Srivastav Sir ... Disappointed... Absolutely Unnecessary video... I have (and many many others too) great respect for Saurabh Mukherjea.
As a newbie in stock market, someone who runs a business, doesnât have any time to check the stock market daily and doesnât have time to do research, books by Saurabh Mukherjea have helped a lot.
Itâs hard to know what is the meaning of good companies for a newbie and itâs convenient to just copy stocks picked by a expert team. Also investing in great companies limits the downside as well. It takes courage to be as transparent as Marcellus team.
Great video Akshat, it shows that experts can be wrong and one must do firsthand research.
You have been bloody brutal! And rightfully so. I came out of CCP PMS early this year after figuring out all the bullshiting happening there. All their monthly webinars sounded like a sales manager giving excuses for not doing targets ( actually decline).
I have also withdrawn from his fund , he does not follow technical s and he does not invest in momentum stocks . He invest at whatever price he gets the stock .
There are some more problems with Marcellus
1. Mr. Mukherjee says only equity investing can give you a high return. So, always go for equity only.. This is not always correct.
2. They exited ITC as they expected of getting 15% return yoy. But their aim is more than 20% CAGR
3. Running PMS is different than other mutual funds
Marcellus starting requirements are from 50Lakh.( now they are reduced to 10lakh). And it believe on Keeping 'NO Money in hand'--- this is not correct according to Sir Buffet barbell theory. We cannot beat the market if we don't have any cash on our hands.
â@@vijaykrishnan3730as per their theory Coffee can portfolio compound at 20%
If they are not giving at least positive return in 3 years.. It is barely possible to give 20% CAGR ( they have to compound at 30% CAGR now) ð
â@@uttiosaha4692Really their pms has not given any returns in three yrs ??
@@SanjeetKumar21Sep CCP and kings of capital - No as such.. Little champs -less than index. Rising giants - Not sure.
Now it depends on the market timing also. If you have invested anothet good chunks when nifty fell to 15800.. Then the results might be different. Bcz it is a PMS, not mf
Saurabh's biggest mistake is he is paying high for past returns with the flawed assumption that future returns would be the same. This would not be true for many companies.
I did not expect this.. Looks like he has a personal grudge on Marcellus
Saurabh Mukerjee 's strategy is not bad,
One of the best videos made by you! True that Saurabh's style of Data presentation, explaining trends and his storytelling style made him akin to Mozart of investing, but in the end you have to generate returns! There's no point following an approach if you cannot beat the benchmark for 3 years now.
Bhai, if you're running out of content, I speak for everyone here - take a break. Don't publish crap just for eyeball pennies. A few years ago, you interviewed the same guy and sang his praises. Now that you're more established and he is temporarily suffering, it is in very poor taste that you are taking potshots at him. His greatness is not just limited to his market returns but his conviction, consistency and courtesy. Reading the other comments, I can confidently say you still have a few things to learn from him. :)
Hi, Akshat, Can you please share the return of Marcellus for a period of 5 years, and make a video on the same.
Sir, public sectors companies are no invest and forget one's, most of us are long term investors with an average investment amount or on SIP basis, so we try to invest in peers where sales and profits are growing inline with the market expectations e.g HDFC, ICICI, Kotak. Big investors like you Sir would have invested lakhs in PNB make 150% profit and will continue with other stocks afterword's. This is a big dilemma for investors like us.
Ye to fund manager ka kaam hai na jab psu mai value hai tab waha invest Karo phir baad Mai nikal lo
Day trading is where the pulse of the market truly comes alive! Every moment presents a new opportunity, and for those with the passion and precision, the rewards can be monumental. It's not just about quick trades, but about harnessing the power of the market in real-time. Dive in, seize the moment, and let every trade be a step towards achieving your financial dreams,I've personally benefited from following Tammy Brockmanâs trading tactics, amassing 23 bitcoins in a short seven weeks period of day trading , which speaks volumes about her expertise in the market.
My growing love for crypto caused me to explore until I came across Tammy Brockman Crypto(although I'm trying to avoid sensationalism) she is by far the best. No hype for hype's sake, but great inspiration to trade Crypto.
The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways.
Due to the resent fall in the crypto market, I don't think it's advisable selling, it would be more beneficial and yield more profit if you actually trade with Tammy signals.
Everyone needs more than than a Basic Income to be Financially Secured in this present time that there's an Economic Decline.
Tammy literally saved me, just before the crash she advised me to get out of my long position. I'll recommend her any day.
I respect Sourabh mukerjee view and opinion, I read his 3 book , specially to understand the Indian context of stock market . Sourabh could exit the stock in few month ,if he doesnât find the company fundamental inline with his process . But relatively this thought process on understanding economics of global economy is immense .
Love his honesty not painting himself as a great investor. He stuck to his guns with Kotak hdfc even when it has given 0 returns in 2 years. His constant relaxed demeanor surprises me.
Is he your brother because he looks so much similar to you.
Saurabh Mukherji is great investor. Saurabh Mukherji teaches motivates new investors to stay long in the market. People who want to do swing trading should not invest in his stocks. Saurabh Mukherji stocks are for long term investing. People do bulk buying and blame him if stocks doesn't move up. He deserves respect and i personally did not like comment.
Ok ð
My experience in the stock market is that there is no fixed formula for stock picking. The flavor of stock market keeps changing and so does the growth prospects of different sectors. Government policies keeps changing, thus affecting various sectors and companies differently.
You too have been wrong on many of the stock picking...
That doesn't mean you hv less knowledge.