Folks, I understand that without risk there is no return. But, the risk should be taken in accordance with the expected return. If the goal is to just make 12%, you can accomplish that by doing safe(er) investing via NIFTY 50 or any Indian Index. In case you would like to learn more about safe ways of investing, check out: ►My stock market course (comes with 1 year community access), here: wisdomhatch.com/stock-market/ _______________________________________________________ ►I talk about in depth macroeconomics correlated to stock market movement on TH-cam member community here: th-cam.com/channels/qW8jxh4tH1Z1sWPbkGWL4g.html _______________________________________________________ ►Many of you have asked me for resources on US Stock Investing, Seeking Alpha is a great platform for research that I use: www.sahg6dtr.com/236BJZQ/R74QP/ _______________________________________________________
Investing in nifty will get you 12% cagr over a time But investing in fixed income assets like p2p lending or fd or any other debt instruments gets you returns at the earliest
Perfectly said. They have no right to give feedback to budding entrepreneurs when they themselves have not earned a dime of profit. The Startup ecosystem does not conform to the traditional financial metrics. They are only chasing the valuation game.
One thing is being missed by everyone here. BharatPe doesn't provide loan to everyone, it only provides to those shopkeepers who are doing good amount of transactions since many months and can easily repay the loan with interest. And those transactions are analysed by BharatPe's powerful tools which reduces the risk of NPA at a very great extent.
I invested almost 2.5 lakhs.. Bharatpe gave me everyday interest ... and I used to draw the everyday interest and re invest in it.. they also gave me compound interest on that amount... but I have done this for 4 months.. they never defaulted the amount and gave exact 12 percentage... but I have taken all the money because I think it's risk.. and I got almost 5percentage of net interest... for 4 months.
1. P2P is small amount loans 2. Personal loan also don't have collaterals 3. If a person don't get loan from anywhere then where he will go?? Better to pay more and get from such platforms rather than asking from relatives and friends. 4. Risk is there everywhere. If you walk on a footpath - it is also risky, that doesn't mean we stop going out from home I have been Investing here since 2 years. I am getting a fair average of 11% from all the platforms. If we want to earn we need to take risk. Or else invest in FD and sit quiet.
there is a reason these people do not get loans from anywhere. These people are also not getting personal loans. Plus if they (loan borrower) default, they have nothing to lose. Plus 11% return is fine, but it is too risky. I feel investing in stock market is safer and rewarding than giving loan to some unknown poor guy.
If not FD a corporate Bond or similar deposit from a top company like TATA's or Bajaj or Shriram Group can give nearly 10%. Invest in a way that you are able to dodge tax on the returns(via Elderly parents or dependents). Why risk entire capital for 12% now!
What a stupid comment Vaman. There are 100s of safer investment instruments than P2P and you're making it seem like it's the only way to get 11-12%. I've 7-8 years of cagr 19+% via equities only. Real estate(gurgaon) is also giving ~30% from last 3-4 years, specially the affordable housing ones. There are tax free bonds by govt which are also giving comparable returns after taxing on P2P. Look at gold right now, more than 14% from last few years.
I invested my money into corporate bonds at 11% yield last year. They are AA+ rated bonds and are secured (have collateral). How are apps like these a better option than corporate bonds or corporate FDs ? Can you justify it ?
@@venbas2 Ignore the Point of considering the elderly people here. When will you Invest in bonds?? If a person Invests in bonds then its well and good, but considering the market situation will you be able to lock bonds for a shorter term or longer term?? Say for eg: you locked a bond now and Interest rate of FD went to 8-12%, then person invested in bond will be a looser. Certainly not and cant rely on the bonds for a regular monthly payout. One must exactly know how the bonds are related to interest rates, or else a capital will get locked for a longer term and nor will be able to sell in the market because there will be less number of buyers for bonds as Indian Investors are not well versed with the bond market. Higher the rating of bonds lesser is the Interest rate might be secured or non secured also.
CEO, COO, CFO of Bhartpe resigned, all in the same week. Imagine what would happen if it's a public company.. This comment should be pinned.. People, make a wise choice
The 'buy/book now, pay later' model has becoming a major concern in the US, with people buying groceries on loans. A single missed payment can be more expensive than even card interest charges. Makes me apprehensive of anything that has BNPL association.
One more thing which i want to highlight for being a bharat pe 12% club user. They are also not giving you interest for 6 days on your capital deployed... they take 4 days to start earning on your capital, and when you withdraw, they took 2 days. So overall, 6 days' interest also in their pocket. And i am frequently withdrawing my interest part say every 15 days on 25k capital deployed. For me, it's just another option to invest as i don't want all my eggs on the same bucket, and i only invest 25k because i can afford that risk. In short, access your risk and get rewards accordingly. Other than this, after their launch, they stopped adding money option for 3 months and reopen now for few days, as i think after Ashneer's comments people started withdrawaing their capital and they are filling it now. Happy investing.
You were e wrong, they are giving loans mostly to merchants who don't get bank loans at low intrest rates, that's why they will take loans from finance companies, NBFCs at minimum 24% rpa
This whole thing is hoax. P2P are doing great job. Has anyone actually heard of any company who promised 12%, they flew off ? There is none. These are all assumptions that they will fled away because it has never happened.
I had a good run with the 12% club. When it was introduced initially i used it as a wallet. Because it gave an option to instantly add or withdraw money. Then the withdrawal period was moved to 48 hrs. Which was a minor inconvenience but still okay. In the past few weeks Ashneer LinkedIn posts have been raising panic and concerns. I had a little over 1.8 lakhs parked there. I liquidated all of it at once and luckily got the entire money without any problem. Earned a good 20k interest over the entire period.
Excellent due diligence. I like when Akshat is sober and not greedy. However, due diligence goes out of window when $$ are thrown for promoting a product.
The point to learn is make hay while the sun shines. Never use such platforms for long term. They are definitely lucrative from a short term perspective. The goal is to capitalize when they are flourishing and then exit at the right time. The right time is when you hear such things and see such videos. Nobody can say who is right, but who are we to sit and assess, it's a complicated thing and not our cup of tea. So take that as an exit signal and better be safe than be sorry. That said I have just withdrawn whatever funds I had parked in 12% Club.
there are countless cases of people getting scammed daily from online platforms. Your video is very important to anyone looking for quick high returns. The one advice I can share from people who understand this platforms are get in early and get out fast, do not wait for the last station to get off the bus. The longer the company keeps paying you high returns, they are also finding it hard to generate those equivalent returns amidst growing risks
12% club is just a medium, the actual money is with LiquiLoans Until and unless they have some issue, any issues at 12% club are not that critical to worry losing entire capital Also Ashneer has pointed out regarding losses of BharatPe and not shutting down of 12% club He himself is a shareholder in the company Akshat please attach links to articles to back your claims
He won’t buddy 😂. I was also told to invest a nifty 50 stock so i chose irctc and ended up losing 15k in 2 years and recovered that amountp lending in just 10 months with almost same principle using 12 percent club or p2p lending
It's so refreshing to see this video, as I have done research work on the P2P lending companies in India though the objective was different but I had very similar findings and it is very hard for a common man to gather all this knowledge on their own. Thus it was a wonderful attempt to educate people in understanding a very different type of business and what they are getting into when they go for such platforms. Understanding of Risk is the key here. 👍
I had invested more than 3.5lac which was 100% of my savings during 2022. I earned 40000. Not saying its risk free but if you want to know about my experience u can reach out to me. I had invested in bharatpe & MobiKwik xtra. My risk appetite is high & i even invest in altcoins
I join 12% club in Feb 2022 with little investment of 10K, it was good at that time i was able to withdraw the amount & Interest instantly during that time daily interest which i was getting little under 12%, Gradually i parked more amount & was getting interest daily. After using for 1 year suddenly daily interest was dropped from 12%, to 10% then i understood the risk here & withdrawal half of the my amount & reinvested in CRED. So far i have generated around 74K return within 18 months of using, I don't think that i would have got such amount by investing in Bank FDs or etc. Yes it is bit risky to invest. So far i am happy with 12 % club.
Dear sir, when there's no risk, there's no return. Uncertainties exist in lending & borrowing & this is law of funding. Only invest if you are willing to lose.😊
P2P loans via 12% club are not on BharatPe books but are with liqui loans. So the argument of bharatpe selling its loan to arc isn’t valid. Loans of Bharat Pe were giving to vendors and small shop owners which is the distressed assets.
I invested 5L since 2021 in 12% club and i have received full returns till today. After watching your video I have created full withdrawal. It takes two days for withdtawal, will update once i receive it
Mee to invested 10 L since July 2020 and received 12% returns till April but from may it gas been reduced to 9% then I got something fishy and now by watching this video I decided to withdraw my full amount.
Some insights since i did invest regularly in 12 percent club until 3 months back 1.Many times they stop fresh deposits saying that they don't have that many people for loans but it opens back up in a week or so. 2. They credit interest everyday. 3. Withdrawals are fast enough , i have never had to wait more than 36 hours 4. There is no compounding effect in Bharatpe 12 percent club if you deposit and 1000 and after a year is 1120 in order to make it compound you will have to withdraw and deposit the whole money back again if you want compounding effect.
I have invested on regular basis in 12%, it is giving me intrest on regular basis, in morning i get my interest on time so apna rojka khana,thoda pina, ho jata hai...
I am not completely on the same page, some of the mfi's in India lend at almost 24% and still their defaults are hardly less than 4 to 5%. Though a person with a job and a cibil may not be taking loans at 18% or above. But people running small businesses have no other option of lending as they do not have a good credit score.
I have invested in Liquiloans for 8% and it was good. I got 8% monthly returns for almost 2 years. Just few days ago I withdrew my capital as i need funds.
People with either poor credit score or no credit score take loans at this rate with no proper income to return the amount. I have seen people purchasing their desires and defaulting.
Didn't Ashneer himself say that they give their depositors and lend money to others @12% only. The catch is that they take less deposits and lend more so they make money from there?
I also watched a podcast where they said that they are also lending the money at 12% but now after watching this it’s doesn’t look like real because if they are also lending money at 12% then from where they will make money or they are currently burning money which they got funding
@@bhaveshnazwani984 i agree. It's confusing how can you lend something that you never earned unless you are burning investor's money. Will probably need to check if bharatpe is currently a profit making company or not.
@@bhaveshnazwani984 you were wrong, if you have invested in Bharat pe you can download your portfolio where you can find that the roi they lend to borrowers is at 2% monthly and they take 1% as commission on that and return the remaining 1% on our investment
Those don’t know 12% club its basically a platform patnered with another nbfc called liquiloans which gives this p2p facility Its also partnered with other fintechs like cred and fi money and the interest rate is different with different platforms Like 12% club has 12% interest cred mint has 9% fi has 9-11% And there are other nbfcs like lendbox and lenden club which also do provide this kind of p2p service
Lol if any thing , the Vauld that was suggested multiple times on this channel went under and many ppl lost their money. Guys why do you even watch this. Its just a content for people like this to maintain their income stream from youtube and you have nothing to learn. There are many good youtube channels that will help with investing, please dont waste time here. All influnecers are shady so please avoid them and watch channels who are educators
I'm a user of 12%club, i kept on doing SIP in it and my amount reached 1.5lacs... it gives 12% returns for sure... Nothing less or more... I have withdrawn my principal amt + interest as well multiple times and works fine... Same goes with Mobikwik Xtra..
what i encountered is (been invested for more than 7-8 months ) if go to earning statement u will found that u earn more from cashback from 12% club rather than the underline p2p lending most of the time earning from p2p lenders were on average not more than 30-40% of the interest amount so that is something which even i donot get when i came across the earning statement so there is definitely something to explore here
Hey Akshat, I am an mba finance student and I feel that I am getting smarter day by day after watching your videos regularly. Thanks for creating such quality content ❤️ (Request) If possible i would recommend you to make video on how MBA students from tier 3 colleges can have a good career in finance. Again Thanks 🙏
Sir please AI ke uper bat kijiye. 1.kya iski wajah se sach me lakho log unemployed ho jayege. 2. Uska Market pe kya impact ho sakta h 3. Hum stock market me AI se behtar kaise kar sakte hain 4. Kya isko koi investment opportunity banaya ja sakata h. Sir i am very fearful but ready to deal with it.please help❤
Great job !! You have no idea (or you may have), the kind of service you are doing to society. But irony is that people are busy surfing mindless reels millions view and then most of them find themselves ar the same place (economically) or down, but then blame the economy etc....keep it up Shrivastava Ji.
17:35 Ashneer himself created this unsustainable business model. Now that he has got his 1 min fame and money, he is no bad mouthing his own creation. So, NO, he is not right. Because he himself CREATED this hotchpotch. He is the PROBLEM here!
I had started investing money in 12% club since Dec 2022. My plan was to invest Rs. 5,000 every month but in the month of April 2023 they stopped taking deposits (atleast for my account). And they were also giving loans to who knows who so I withdrew my money in May. Though I got my money and interest(12%) on time, I never felt secure about it. Now I'm considering to invest in Cred mint as they are saying they lend money only to the ppl with 780+ cibil score. But the problem is 1 lakh deposit as starting amount. So still doing my research. If anybody has experience with Cred Mint, Please share your experience.
Both cred mint and 12% club has lending partner as liquiloans. Not only this, now ETmoney has also started P2P lending and liquiloans is its lending partner. And if we are talking about risk, Stock market is the most risky platform where you can lose your entire life savings in one day. You can take conscious decisions and invest around 15-30% of your money in risky assets depending on your risk profile, but keep 70% in safe deposits. Also, safe deposits of banks can guarantee insurance for only 5lac deposit amount, uske baad to bank bhi safe nhi hai. Best approach is to fix your money in the post office FD schemes which guarantees 100% safe deposits as it is backed by the central government
Sir I must say that there are two people that I religiously follow one is you and the other is raunak Aggarwal trade with trend Both of you have a great content
Your research is not accurate because bharatpe also gives loans to shopkeepers and small vendors who pay 2%+ per month so that their working capital requirements are met because they don't get money from banks and institutions also bharatpe settles the money they are recieving from their customers so they can get their money with interest from the money they owe the shopkeepers which makes their loans less risky so what i am trying to say is it's obvious that P2P is risky but not as risky as you are saying please complete the research
p2p is an option to whom bank did not seem fit to provide loan. Lending them is higher risk and same reason i avoid doing p2p . If i need to take risk then doing nifty option would be better ..
Thanks for putting effort into explaining the details of the 12% club, and what I could make out is Bharatpe is just a like a DSA. If I remember the early days of P2P lending with companies like Faircent and the regulatory structure which was put in place for P2P NBFCs didn't give them any opportunity to make money out of the interest arbitrage, and they make a fee-based income by servicing the borrower and lender. Technically speaking, P2P NBFCs don't have to hedge their lending portfolios if we look at the regulatory structure though they insure the loan book by charging a fee at the time of borrowing. The borrower gets the money from a pull of funds created by the lender with the help of the P2P NBFC. The structure is quite similar to the structure of a Mutual fund. Want to under @Akshat Shrivastava whether this regulatory structure has changed? The serious issue you have raised about the loan portfolio of LendingClub with over-exposure to BNPL borrowers, which is the partner NBFC for the 12%Club.This is a bad state of affairs for the P2P industry as the industry was put in place to support MSME and individual lead business who are generally raised working capital from private lenders because the formal banking don't service them
I have invested 30L in 12 club from 3 different accounts from past 6 months but guess that's too much of a risk for my greed Taking all my money out starting from tomorrow withdrawing 1L every alternate day Thanks for this btw
Corporate Bonds or even FD from big houses like Tatas or Bajaj or Shriram Group can give nearly 10%. If we manage to avoid Tax on this via HUF or non-salaried Dependents, then there is NO NEED to risk capital for that 12% club.
@@vamsi8569 I gave enough details with names of fund houses and options. Google the details for the rest. Btw I already have put a portion of my portfolio in FD (with double digit cumulative return) ever since interest rates shot up
Firstly u said banks 7-8% le leta h to 12%club bhi to wahi 7-8% le rha h, secondly no one will take loans @18-21% the ones will be taking who doesn't hav collateral or want collateral free loans, collateral free hai isliye to interest rate jyada h
Request you to please do a video on vauld restructuring...emails recvd from them are confusing as they are asking to going for rda...anorher mail expect us to nominate a creditor..please please...i have been requesting for an update
I had invested 4 lakhs, and withdrew it after ashneer's comments and got all my inverted money on the first working day after that. So as of now they have sufficient liquid funds. Also, there hasn't been a single default in the statements i saw for the last few months. I had been consistently getting the return everyday. Looks trustworthy but again it's high risk. I won't be investing back and looking for other avenues of safer investment.
Honestly, a very long video. Come to the point quickly man. You don’t need to make 18-20 minute videos on everything. Everyone knows basic concepts like ‘HDFC bank pays us 7% and earns 12%’.
Reading something in twitter and reading few info through google and cooking up their story here.this is wat most of the half boiled influencers doing. Aksath is one of them.
My friend asked me to loan him 60L rupees and he was ready to pay 2% interest every month 🚩 with compounding. He even said I can keep his land deed as collateral 🚩 I asked him why does he need that money? He said business development - he owns an operates a primary level school I showed him to a bank and told him to take a loan @9%pa.
Akshat we made a lot of money based on your nasdaq and alphabet commentary. Thanks a lot. Now please make a follow up video on nasdaq and faang stocks.
Thanks for the video, I thought the lenders were long the highest tire of pass through rates bonds constructed by consumer loans. (Atleast that's what their customer support told me in a mail. I am talking cred mint here.) What you are saying could be catastrophic for the lenders in stressed times😮
I dont know y u hate 12%. The deposits and lending in 12% is controlled by liquiloans. Not bharath pay. Et money, cred mint fi jump etc all use this liquiloans for same. If 12% to fail first liquiloans eill have to fail.
The same thing happened with Future group before they went bankrupt. They were promising to give 12% interest rate on the deposits where in banks were giving 4 to 5% on FD's.
Future group planned to sell there company to Amazon and even received advance but sold it to Reliance, Future group planned and looted the public, they did it purposely and looted everyones money
What are your thoughts on corporate bonds investing platforms like wintwealth ? Most of their bonds are related to small finance companies. They could default anytime as well in this market. High risk at this time?
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Folks, I understand that without risk there is no return. But, the risk should be taken in accordance with the expected return.
If the goal is to just make 12%, you can accomplish that by doing safe(er) investing via NIFTY 50 or any Indian Index.
In case you would like to learn more about safe ways of investing, check out:
►My stock market course (comes with 1 year community access), here: wisdomhatch.com/stock-market/
_______________________________________________________
►I talk about in depth macroeconomics correlated to stock market movement on TH-cam member community here: th-cam.com/channels/qW8jxh4tH1Z1sWPbkGWL4g.html
_______________________________________________________
►Many of you have asked me for resources on US Stock Investing, Seeking Alpha is a great platform for research that I use: www.sahg6dtr.com/236BJZQ/R74QP/
_______________________________________________________
Ok I agree with ur thoughts what about invoice discounting platforms like tradecred, kredx ? Are they operate with same points?
Investing in nifty will get you 12% cagr over a time
But investing in fixed income assets like p2p lending or fd or any other debt instruments gets you returns at the earliest
This guy is such dogla. Some time back you will find a video where he says don't invest in index and now says this
@@piyushjain4349 I have been moving from Tradecred to tyke. Minimum investment of only 10K. 30-60 days look in. 14%+ returns!
The guy got money at lower interest rate so he is trying to scare off normal people who he had to pay more interest to
One thing that never ceases to surprise me - most of the sharks have become millionaires by burning investor money and creating loss making entities
Perfectly said. They have no right to give feedback to budding entrepreneurs when they themselves have not earned a dime of profit. The Startup ecosystem does not conform to the traditional financial metrics. They are only chasing the valuation game.
All the startups 😂😂
And also pocketing a % of that money illegally
Sir even the investors make money when the company's overpriced stocks are sold to general public.
Chutiya banao pesa kamao. Most companies are like this
One thing is being missed by everyone here. BharatPe doesn't provide loan to everyone, it only provides to those shopkeepers who are doing good amount of transactions since many months and can easily repay the loan with interest. And those transactions are analysed by BharatPe's powerful tools which reduces the risk of NPA at a very great extent.
I invested almost 2.5 lakhs.. Bharatpe gave me everyday interest ... and I used to draw the everyday interest and re invest in it.. they also gave me compound interest on that amount... but I have done this for 4 months.. they never defaulted the amount and gave exact 12 percentage... but I have taken all the money because I think it's risk.. and I got almost 5percentage of net interest... for 4 months.
1. P2P is small amount loans
2. Personal loan also don't have collaterals
3. If a person don't get loan from anywhere then where he will go?? Better to pay more and get from such platforms rather than asking from relatives and friends.
4. Risk is there everywhere. If you walk on a footpath - it is also risky, that doesn't mean we stop going out from home
I have been Investing here since 2 years. I am getting a fair average of 11% from all the platforms.
If we want to earn we need to take risk. Or else invest in FD and sit quiet.
there is a reason these people do not get loans from anywhere.
These people are also not getting personal loans. Plus if they (loan borrower) default, they have nothing to lose.
Plus 11% return is fine, but it is too risky. I feel investing in stock market is safer and rewarding than giving loan to some unknown poor guy.
If not FD a corporate Bond or similar deposit from a top company like TATA's or Bajaj or Shriram Group can give nearly 10%. Invest in a way that you are able to dodge tax on the returns(via Elderly parents or dependents). Why risk entire capital for 12% now!
What a stupid comment Vaman. There are 100s of safer investment instruments than P2P and you're making it seem like it's the only way to get 11-12%. I've 7-8 years of cagr 19+% via equities only. Real estate(gurgaon) is also giving ~30% from last 3-4 years, specially the affordable housing ones. There are tax free bonds by govt which are also giving comparable returns after taxing on P2P. Look at gold right now, more than 14% from last few years.
I invested my money into corporate bonds at 11% yield last year.
They are AA+ rated bonds and are secured (have collateral).
How are apps like these a better option than corporate bonds or corporate FDs ?
Can you justify it ?
@@venbas2 Ignore the Point of considering the elderly people here.
When will you Invest in bonds??
If a person Invests in bonds then its well and good, but considering the market situation will you be able to lock bonds for a shorter term or longer term?? Say for eg: you locked a bond now and Interest rate of FD went to 8-12%, then person invested in bond will be a looser.
Certainly not and cant rely on the bonds for a regular monthly payout. One must exactly know how the bonds are related to interest rates, or else a capital will get locked for a longer term and nor will be able to sell in the market because there will be less number of buyers for bonds as Indian Investors are not well versed with the bond market.
Higher the rating of bonds lesser is the Interest rate might be secured or non secured also.
CEO, COO, CFO of Bhartpe resigned, all in the same week. Imagine what would happen if it's a public company.. This comment should be pinned.. People, make a wise choice
Kab resign Kiya Bhai...?
The 'buy/book now, pay later' model has becoming a major concern in the US, with people buying groceries on loans. A single missed payment can be more expensive than even card interest charges. Makes me apprehensive of anything that has BNPL association.
One more thing which i want to highlight for being a bharat pe 12% club user. They are also not giving you interest for 6 days on your capital deployed... they take 4 days to start earning on your capital, and when you withdraw, they took 2 days. So overall, 6 days' interest also in their pocket. And i am frequently withdrawing my interest part say every 15 days on 25k capital deployed. For me, it's just another option to invest as i don't want all my eggs on the same bucket, and i only invest 25k because i can afford that risk. In short, access your risk and get rewards accordingly. Other than this, after their launch, they stopped adding money option for 3 months and reopen now for few days, as i think after Ashneer's comments people started withdrawaing their capital and they are filling it now. Happy investing.
So are you investing back in?
Very true bro, even I understood the same, and I am invested
Did you got your money back in case you withdrawn funds
@@unclebob3227 yeah you get
Let bharatpe earn 6 day interest. Better than crypto.
The only people who prefer to take loan at such high interest is people who aren't getting loans from anywhere else because of bad credit score
☕
You were e wrong, they are giving loans mostly to merchants who don't get bank loans at low intrest rates, that's why they will take loans from finance companies, NBFCs at minimum 24% rpa
It's not like that. Indian banks hesitate to give loans to NRI's . Even NRI is having cbil more than 800
This whole thing is hoax. P2P are doing great job. Has anyone actually heard of any company who promised 12%, they flew off ? There is none. These are all assumptions that they will fled away because it has never happened.
I had a good run with the 12% club. When it was introduced initially i used it as a wallet. Because it gave an option to instantly add or withdraw money. Then the withdrawal period was moved to 48 hrs. Which was a minor inconvenience but still okay. In the past few weeks Ashneer LinkedIn posts have been raising panic and concerns. I had a little over 1.8 lakhs parked there. I liquidated all of it at once and luckily got the entire money without any problem. Earned a good 20k interest over the entire period.
Interest is haram bro
@@abdulahadsiddiqui2109 😂
@akashnautiyal7380lol exactly
One of my friends talked about Bharat Pay 12% scheme.I thought it's a ponzy scheme.Thank you for making us aware about it.
Excellent due diligence. I like when Akshat is sober and not greedy. However, due diligence goes out of window when $$ are thrown for promoting a product.
Thanks for bringing this video. I learnt about npas and arcs on my own when ashneer post came, but your video has made my understanding much clearer.❤
The point to learn is make hay while the sun shines. Never use such platforms for long term. They are definitely lucrative from a short term perspective. The goal is to capitalize when they are flourishing and then exit at the right time. The right time is when you hear such things and see such videos. Nobody can say who is right, but who are we to sit and assess, it's a complicated thing and not our cup of tea. So take that as an exit signal and better be safe than be sorry. That said I have just withdrawn whatever funds I had parked in 12% Club.
Me too 😊
More then 10L juuuuuuust now
Today only I was thinking of investing in 12% club, thank God I saw this video🙏
You cam go to small finance bank and get 12% on FD.
@@akhil2024 any recommendation?
@@ayushpuri13 au small finance bank
Is Mobikwik Xtra safe
@@vineeshp6 they are even worst
there are countless cases of people getting scammed daily from online platforms. Your video is very important to anyone looking for quick high returns. The one advice I can share from people who understand this platforms are get in early and get out fast, do not wait for the last station to get off the bus. The longer the company keeps paying you high returns, they are also finding it hard to generate those equivalent returns amidst growing risks
12% club is just a medium, the actual money is with LiquiLoans
Until and unless they have some issue, any issues at 12% club are not that critical to worry losing entire capital
Also Ashneer has pointed out regarding losses of BharatPe and not shutting down of 12% club
He himself is a shareholder in the company
Akshat please attach links to articles to back your claims
He won’t buddy 😂.
I was also told to invest a nifty 50 stock so i chose irctc and ended up losing 15k in 2 years and recovered that amountp lending in just 10 months with almost same principle using 12 percent club or p2p lending
It's so refreshing to see this video, as I have done research work on the P2P lending companies in India though the objective was different but I had very similar findings and it is very hard for a common man to gather all this knowledge on their own. Thus it was a wonderful attempt to educate people in understanding a very different type of business and what they are getting into when they go for such platforms. Understanding of Risk is the key here. 👍
Fyi akshat hasn’t said about a platform called liquiloans which is partnered with 12% club
This is the company giving you p2p services not bharat pe
Your take on Univest and grip invest both SEBI registered @akshat Shrivastava
I had invested more than 3.5lac which was 100% of my savings during 2022. I earned 40000. Not saying its risk free but if you want to know about my experience u can reach out to me. I had invested in bharatpe & MobiKwik xtra. My risk appetite is high & i even invest in altcoins
@@jiteshlk .vohjv
Milhn.
Jlv b. Cccccccvcccccccccccccccccccc 😮
I am invested in liquiloans via etMoney, it has worked for me as well
I also invested there and making money. Yes you are right they take 6 days interest. Even though I am happy to get 12% interest
One line summary is " Stay away from P2P lending. Think well if you want to borrow as the interest rates are super high"
I join 12% club in Feb 2022 with little investment of 10K, it was good at that time i was able to withdraw the amount & Interest instantly during that time daily interest which i was getting little under 12%, Gradually i parked more amount & was getting interest daily. After using for 1 year suddenly daily interest was dropped from 12%, to 10% then i understood the risk here & withdrawal half of the my amount & reinvested in CRED. So far i have generated around 74K return within 18 months of using, I don't think that i would have got such amount by investing in Bank FDs or etc. Yes it is bit risky to invest. So far i am happy with 12 % club.
cred me kitna rate of interest h bhai ?
@@Arushii989 9%
Dear sir, when there's no risk, there's no return. Uncertainties exist in lending & borrowing & this is law of funding. Only invest if you are willing to lose.😊
Ha bhai mujhe dede 10 din me paisa double karke deta hu
@@vcothur7 tho thu fraud hai
@@vishnuprasad2824 smart boy
@@vcothur7just like Vauld?
P2P there is no guarantee for your fund pls read the T&C carefully before investing
Even during corono period p2p NPA not crossed 10%. P2p is way better than vauld and your crypto
Spot on
P2P loans via 12% club are not on BharatPe books but are with liqui loans. So the argument of bharatpe selling its loan to arc isn’t valid. Loans of Bharat Pe were giving to vendors and small shop owners which is the distressed assets.
I invested 5L since 2021 in 12% club and i have received full returns till today. After watching your video I have created full withdrawal. It takes two days for withdtawal, will update once i receive it
Same here. I have invested 10 Lakhs and have regularly received interest & principal. I have applied for withdrawal after watching this video.
Mee to invested 10 L since July 2020 and received 12% returns till April but from may it gas been reduced to 9% then I got something fishy and now by watching this video I decided to withdraw my full amount.
Akshat ne bank run krwa diya hahahahahah 😂😂 confirmed
Me too, I invested 2.5 L now I am withdrawing.
If all withdrawals are made then thats how entity collapses!
Some insights since i did invest regularly in 12 percent club until 3 months back
1.Many times they stop fresh deposits saying that they don't have that many people for loans but it opens back up in a week or so.
2. They credit interest everyday.
3. Withdrawals are fast enough , i have never had to wait more than 36 hours
4. There is no compounding effect in Bharatpe 12 percent club if you deposit and 1000 and after a year is 1120 in order to make it compound you will have to withdraw and deposit the whole money back again if you want compounding effect.
yes, Aansh..you are so right, no need to manic , my experience with bharat pe is so good..
Give me, I'll give 15% return.
I have invested on regular basis in 12%, it is giving me intrest on regular basis, in morning i get my interest on time so apna rojka khana,thoda pina, ho jata hai...
I am not completely on the same page, some of the mfi's in India lend at almost 24% and still their defaults are hardly less than 4 to 5%.
Though a person with a job and a cibil may not be taking loans at 18% or above. But people running small businesses have no other option of lending as they do not have a good credit score.
I have invested 1.5L for 25 days and
I did not find any issues
It will be okay if you invest for short time but still risk is 100% is like your luck
I have been using it for the last 2.5 years still not a single problem
Very very rich Content, Thank you.
I have invested in Liquiloans for 8% and it was good. I got 8% monthly returns for almost 2 years. Just few days ago I withdrew my capital as i need funds.
People with either poor credit score or no credit score take loans at this rate with no proper income to return the amount. I have seen people purchasing their desires and defaulting.
Didn't Ashneer himself say that they give their depositors and lend money to others @12% only. The catch is that they take less deposits and lend more so they make money from there?
I also watched a podcast where they said that they are also lending the money at 12% but now after watching this it’s doesn’t look like real because if they are also lending money at 12% then from where they will make money or they are currently burning money which they got funding
@@bhaveshnazwani984 i agree. It's confusing how can you lend something that you never earned unless you are burning investor's money. Will probably need to check if bharatpe is currently a profit making company or not.
@@bhaveshnazwani984 you were wrong, if you have invested in Bharat pe you can download your portfolio where you can find that the roi they lend to borrowers is at 2% monthly and they take 1% as commission on that and return the remaining 1% on our investment
Those don’t know 12% club its basically a platform patnered with another nbfc called liquiloans which gives this p2p facility
Its also partnered with other fintechs like cred and fi money and the interest rate is different with different platforms
Like 12% club has 12% interest cred mint has 9% fi has 9-11%
And there are other nbfcs like lendbox and lenden club which also do provide this kind of p2p service
Lol if any thing , the Vauld that was suggested multiple times on this channel went under and many ppl lost their money. Guys why do you even watch this. Its just a content for people like this to maintain their income stream from youtube and you have nothing to learn. There are many good youtube channels that will help with investing, please dont waste time here. All influnecers are shady so please avoid them and watch channels who are educators
I'm a user of 12%club, i kept on doing SIP in it and my amount reached 1.5lacs... it gives 12% returns for sure... Nothing less or more... I have withdrawn my principal amt + interest as well multiple times and works fine... Same goes with Mobikwik Xtra..
what i encountered is (been invested for more than 7-8 months ) if go to earning statement u will found that u earn more from cashback from 12% club rather than the underline p2p lending most of the time earning from p2p lenders were on average not more than 30-40% of the interest amount so that is something which even i donot get when i came across the earning statement so there is definitely something to explore here
You shown report of lenden group
This is making 12 %club a good company . It is safe until corona like problem comes
Hey Akshat,
I am an mba finance student and I feel that I am getting smarter day by day after watching your videos regularly.
Thanks for creating such quality content ❤️
(Request)
If possible i would recommend you to make video on how MBA students from tier 3 colleges can have a good career in finance.
Again Thanks 🙏
M also same think
Thanks sir
Yes same. I am going to start MBA
dude if you are doing MBA from Tier 3 college you are doomed.
Company agar video sponsored kar deti to bahut achi thi company😂😂😂
You just made me withdraw my 150K from 12%club
Last year I invested my money into corporate bonds at 11% yield. And those bonds are AA+ rated and secured.
Way better than apps like these.
Which bonds?
Yes please tell us wch bonds ?
You sound like a scammer only theory no proofs/links to resources
Sir please AI ke uper bat kijiye.
1.kya iski wajah se sach me lakho log unemployed ho jayege.
2. Uska Market pe kya impact ho sakta h
3. Hum stock market me AI se behtar kaise kar sakte hain
4. Kya isko koi investment opportunity banaya ja sakata h.
Sir i am very fearful but ready to deal with it.please help❤
Great job !! You have no idea (or you may have), the kind of service you are doing to society. But irony is that people are busy surfing mindless reels millions view and then most of them find themselves ar the same place (economically) or down, but then blame the economy etc....keep it up Shrivastava Ji.
What?
How much is pf interest increased this year?
17:35 Ashneer himself created this unsustainable business model. Now that he has got his 1 min fame and money, he is no bad mouthing his own creation. So, NO, he is not right. Because he himself CREATED this hotchpotch. He is the PROBLEM here!
Interest rate from loans are compounded
But interest paid inversters in not compounded this is the real strategy 👽
Watching your first video ... And subscribed❤
enjoyed your video.. especially appreciate the speed with which you educate us. Less time and powerful knowledge. great work!!
It personally is not for me. if i feel adventurous i would go and buy Yes bank shares but will stay away from the P2P lending space 100%
What a great way of explanation!
I had started investing money in 12% club since Dec 2022. My plan was to invest Rs. 5,000 every month but in the month of April 2023 they stopped taking deposits (atleast for my account). And they were also giving loans to who knows who so I withdrew my money in May. Though I got my money and interest(12%) on time, I never felt secure about it. Now I'm considering to invest in Cred mint as they are saying they lend money only to the ppl with 780+ cibil score. But the problem is 1 lakh deposit as starting amount. So still doing my research. If anybody has experience with Cred Mint, Please share your experience.
Both cred mint and 12% club has lending partner as liquiloans. Not only this, now ETmoney has also started P2P lending and liquiloans is its lending partner. And if we are talking about risk, Stock market is the most risky platform where you can lose your entire life savings in one day.
You can take conscious decisions and invest around 15-30% of your money in risky assets depending on your risk profile, but keep 70% in safe deposits. Also, safe deposits of banks can guarantee insurance for only 5lac deposit amount, uske baad to bank bhi safe nhi hai. Best approach is to fix your money in the post office FD schemes which guarantees 100% safe deposits as it is backed by the central government
The 12% club and cred mint is controlled by liqui loans. Liquiloans are the people giving out the loans not 12% club or cred mint
Sir I must say that there are two people that I religiously follow one is you and the other is raunak Aggarwal trade with trend
Both of you have a great content
Your research is not accurate because bharatpe also gives loans to shopkeepers and small vendors who pay 2%+ per month so that their working capital requirements are met because they don't get money from banks and institutions also bharatpe settles the money they are recieving from their customers so they can get their money with interest from the money they owe the shopkeepers which makes their loans less risky so what i am trying to say is it's obvious that P2P is risky but not as risky as you are saying please complete the research
Thank you for making short video and to the point
9:02 they don't lend to high risk customers. Depositors also get option to take loan, that also at same rate, 12%.
p2p is an option to whom bank did not seem fit to provide loan. Lending them is higher risk and same reason i avoid doing p2p . If i need to take risk then doing nifty option would be better ..
I am invested since 2021 no problem since than.
Till now 12% club worked fine with me with 12% returns without any money withdrawn issue.
Thanks for putting effort into explaining the details of the 12% club, and what I could make out is Bharatpe is just a like a DSA. If I remember the early days of P2P lending with companies like Faircent and the regulatory structure which was put in place for P2P NBFCs didn't give them any opportunity to make money out of the interest arbitrage, and they make a fee-based income by servicing the borrower and lender. Technically speaking, P2P NBFCs don't have to hedge their lending portfolios if we look at the regulatory structure though they insure the loan book by charging a fee at the time of borrowing. The borrower gets the money from a pull of funds created by the lender with the help of the P2P NBFC. The structure is quite similar to the structure of a Mutual fund. Want to under @Akshat Shrivastava whether this regulatory structure has changed? The serious issue you have raised about the loan portfolio of LendingClub with over-exposure to BNPL borrowers, which is the partner NBFC for the 12%Club.This is a bad state of affairs for the P2P industry as the industry was put in place to support MSME and individual lead business who are generally raised working capital from private lenders because the formal banking don't service them
I have invested 30L in 12 club from 3 different accounts from past 6 months but guess that's too much of a risk for my greed
Taking all my money out starting from tomorrow withdrawing 1L every alternate day
Thanks for this btw
I too plan to invest the same amount. Have they defaulted ever? You must be getting around 30k pm as interest right?
Very informative and neutral comments. Thanks for guiding people like me.
Corporate Bonds or even FD from big houses like Tatas or Bajaj or Shriram Group can give nearly 10%. If we manage to avoid Tax on this via HUF or non-salaried Dependents, then there is NO NEED to risk capital for that 12% club.
Which fd is giving 10%
Please dont only tell us the theory put some links where we can do it practically
@@vamsi8569 I gave enough details with names of fund houses and options. Google the details for the rest. Btw I already have put a portion of my portfolio in FD (with double digit cumulative return) ever since interest rates shot up
@VB btw bond yield and interest rates are inversely proportional, you'll only get double digit returns on one of them at a time.
once you notice the reflection behind him you can't stop looking at it
Firstly u said banks 7-8% le leta h to 12%club bhi to wahi 7-8% le rha h, secondly no one will take loans @18-21% the ones will be taking who doesn't hav collateral or want collateral free loans, collateral free hai isliye to interest rate jyada h
Request you to please do a video on vauld restructuring...emails recvd from them are confusing as they are asking to going for rda...anorher mail expect us to nominate a creditor..please please...i have been requesting for an update
You had recommended to invest on vauld!!
to cut 'a long story short... GOL MAAL is a name of a song ..... thank you AS
It's very refreshing to understand all the concept of the finance in lending in plain and simple English thanks a lot😊
I had invested 4 lakhs, and withdrew it after ashneer's comments and got all my inverted money on the first working day after that. So as of now they have sufficient liquid funds. Also, there hasn't been a single default in the statements i saw for the last few months. I had been consistently getting the return everyday. Looks trustworthy but again it's high risk. I won't be investing back and looking for other avenues of safer investment.
What a great explanation in simple language.. appreciate it
Because of this video the lot of people gonna loose their money
There is no mention (in this video) of Bharat Pay having a bank license and it also falls under the DICGC. Even if it fails, upto 5 lakhs is secured.
Honestly, a very long video. Come to the point quickly man. You don’t need to make 18-20 minute videos on everything.
Everyone knows basic concepts like ‘HDFC bank pays us 7% and earns 12%’.
ADHD
Pls advise, what we should do in Vauld. Its difficult to understand vauld communications and letters
Credit Cards Loans
18-21% some time goes to 36-40% in a Year !
Reading something in twitter and reading few info through google and cooking up their story here.this is wat most of the half boiled influencers doing. Aksath is one of them.
May be he is one of but not surely 😅
What about vault?
very well said and briefly explained 👌👌✌✌
This is so good and true..thanks akshat .
This the best learning.
Thank you 👍
Lower class people never default they are much better than corporates
16:25 - To be honest, VCs don't due diligence. That's why we see so many startup frauds or fails recently.
Usne table kharidli😂😂😂😂😂 at 14:02 made me pause & laugh for next 2 mins
My friend asked me to loan him 60L rupees and he was ready to pay 2% interest every month 🚩 with compounding. He even said I can keep his land deed as collateral 🚩
I asked him why does he need that money? He said business development - he owns an operates a primary level school
I showed him to a bank and told him to take a loan @9%pa.
Your views on Faircent Digital?
Akshat we made a lot of money based on your nasdaq and alphabet commentary. Thanks a lot. Now please make a follow up video on nasdaq and faang stocks.
Thanks for the video, I thought the lenders were long the highest tire of pass through rates bonds constructed by consumer loans. (Atleast that's what their customer support told me in a mail. I am talking cred mint here.) What you are saying could be catastrophic for the lenders in stressed times😮
Thanks for this video
I dont know y u hate 12%. The deposits and lending in 12% is controlled by liquiloans. Not bharath pay. Et money, cred mint fi jump etc all use this liquiloans for same. If 12% to fail first liquiloans eill have to fail.
Please make a video on analysis of Circpay.
I am using mobikwik since 2 months every months 13.2% . Now i am very very happy
What about CRED mint? Is it same?
The same thing happened with Future group before they went bankrupt. They were promising to give 12% interest rate on the deposits where in banks were giving 4 to 5% on FD's.
Future group planned to sell there company to Amazon and even received advance but sold it to Reliance, Future group planned and looted the public, they did it purposely and looted everyones money
What are your thoughts on corporate bonds investing platforms like wintwealth ? Most of their bonds are related to small finance companies. They could default anytime as well in this market. High risk at this time?
I just withdrawn my 14 lakh from my two accounts, was thinking do so from few days, video acted as a trigger.
Invest in Mobikwik or India P2P
withdrawn 422000 from 12% club after this video.
Dm to 12 club?
Anything without regularity backing is a RISK.
Hi Akshat what are your views on Cred mint?
This video should have been done long ago , but better late than never . Thanks