Helping Client to Achieve their Financial Goals.
Indore India
Joined July 2009
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Nilesh Gurnani retweeted
Blood Donation camp 2026-
Mr Nilesh Gurnani @NileshShah68
#savelifemutually @ngurnani
Thanks for support
Nilesh Gurnani retweeted
Google which is cash surplus, just announced an additional capital raise of $80 bn.
Google annual profit is $160 bn, last quarter $62 bn, and market cap $4.5 trillion. That is close to total profits and market cap of all Indian listed companies put together.
It’s a wake up call to all companies to invest into the future, whatever the present maybe.
Now that IPL is done and dusted, time for India to focus on business of business.
Nilesh Gurnani retweeted
We stand in solidarity with India in the wake of the horrific Islamist terrorist attack, targeting and killing 26 Hindus in Pahalgam. My prayers and deepest sympathies are with those who lost a loved one, PM @narendramodi, and with all the people of India. We are with you and support you as you hunt down those responsible for this heinous attack.
Nilesh Gurnani retweeted
Engaged with members of @fifaindiaorg at their 9th Annual Conference—an influential force in India’s financial landscape with an AUM of ₹4 lakh crore.
In today’s dynamic markets, fiscal discipline, risk-optimized investments, and financial literacy are key to sustainable wealth creation. Discussed how balancing savings, liquidity, and strategic asset allocation ensures capital efficiency for individuals and the economy.
Kudos to FIFA for its relentless efforts in investor education, regulatory advocacy, and market integrity. @DhruvLMehta #FinancialLiteracy #WealthCreation
Nilesh Gurnani retweeted
@amfiindia @Camsonline @weKFintech @IncomeTaxIndia The revised process of PAN validation process will hamper the investments in MF industry wef 30.4.24, such a small differences in the name of applicant with PAN/ITD will lead to “not matched” and investment will be rejected.
If you are planning to buy @DaikinIndia AC think twice as they don’t have their service center in most cities. Also their service franchise close your complaint without visiting your home at mobile phone.
Nilesh Gurnani retweeted
KYC is a problem crying to be fixed as of yesterday. In a world where we have Aadhar and some of the best digital public infra in the world, it also seems very doable.
In a strange new rule from KRAs, customers who are KYC registered can invest in funds they have folios. But without getting a Validated tag, they cannot invest in new mutual funds. This is putting newer MF players at a major disadvantage.
For MFDs who have to validate and comply with these rules again and again, cost of doing business just goes up at a time when we should focus on market expansion.
I do hope this is addressed definitively very soon if we aim to bring MF to every home.
Nilesh Gurnani retweeted
Myth and reality
The AUM growth of MF Industry is majority driven by Mark to Market growth. That has zero impact on Bank Deposits.
MF industry doesn't deal in cash.
All subscription received or redemption paid is only through bank accounts. Our flows / AUM remains part of the banking system. In fact since there are no leakages, flows into MF industry actually increases velocity of money and help create more deposits.
As per the RBI, financial flows of household has gone substantially more to Insurance, Pension and PF, small savings and currency, than mutual funds in between FY 20-22.
The question which needs to be answered is why despite UPI, Indians have put more money in currency notes than mutual funds or equities in last three years?
The key to the riddle of bank deposit growth probably lies in that as currency reduces velocity of money and directly impacts deposit growth.
household Finacial Flows between FY 21 to 23 shows ( Source : The RBI )
Households put
- Rs 31,64,910 Cr (36.8%) in Bank Deposits
- Rs 17,28,331 Cr (20.1 %) in Pension / PF
- Rs 15,69,373 Cr (18.2 %) in Insurance
- Rs 889,253 Cr ( 10.3 % ) in currency notes.
- Rs 683,113 Cr ( 7.9 %) in Small savings
-Rs 4,03,772 Cr ( 4.7 %) in Mutual Funds
- Rs 110,183 Cr ( 1.3 % ) in Equities
- Rs 52,872 Cr ( 0.6% ) in other assets
Few things which are noticeable
Households are conservative investors
- 94% of flows goes towards fixed income
- equity gets paltry 6 % of flows
House holds prefer convenience over return
- higher yielding small savings gets 1/5 th of lower yielding Bank deposits
House holds prefer predictability over volatility
- predictable asset classes gets 16 times more flows than volatile asset classes
Household are earning below Inflation return on most of their portfolio
- No hope for generating real return / better than inflation as 10 % allocation is in currency notes which yields zero and 84 % to low yielding fixed Income.
Households prefer convenience / tax avoidance over return
- asset class like cash which helps in convenience / tax avoidance gets more than double flows than high return asset class like mutual funds.
If Indians have to become wealthy and financially secured than financial literacy is must among households whereby
- They invest for Real Return
- They take volatility in stride
- They prefer paying tax and generate higher yield
At Kotak MF we have made a small attempt to light candle to dispel the darkness in collaboration with CBSE in imparting financial literacy to 75000 + teachers ( majority women teachers ) across 100 + locations over 1000 + physical events.
PRAY THAT EVERY INDIAN IS FINANCIALLY SECURED WITH BETTER FINANCIAL LITERACY
Nilesh Gurnani retweeted
🏁Join the #BharatNiveshRun, during this World Investor Week for a journey towards better health and brighter financial future.
Register now: bit.ly/BharatNiveshRun
#IOSCOWIW2023 #WorldInvestorWeekIndia #MutualFundsSahiHai #ASmartInvestor #ResponsibleInvestor
Nilesh Gurnani retweeted
देश के माननीय गृहमंत्री व सहकारिता मंत्री श्री @AmitShah जी का माँ अहिल्याबाई जी की पावन धरा इंदौर में हार्दिक स्वागत, वंदन एवं अभिनंदन।
@BJP4MP
#जीतेंगे_मालवा_जीतेंगे_मध्यप्रदेश
Nilesh Gurnani retweeted
Here are key moments from the grand inauguration of our new Parliament building. A milestone in our nation's journey, it radiates the hopes and aspirations of 140 crore Indians.
In @danikbhaskar event Mr Kumar Mangalam Birla @AdityaBirlaGrp talk,I learned a ton from it.
Great insights that I will definitely use in the future.#BhaskarUtsav
Today we had special morning as Phoha Jalebi at 56 Dukan with @NileshShah68.
Nilesh Gurnani retweeted
जिन्हें इतिहास का ज्ञान ही न हो, वे जनता को सिर्फ गुमराह ही करेंगे!
@RSSorg की स्थापना 1925 मे हुई, बिरसा मुंडा जी का बलिदान 1900 मे, टांट्या मामा जी का 1889,राजा शंकर कुं.रघुनाथ शाह जी बलिदान 1857 मे हुआ ऐसे कई जनजातीय नेता रहे,जिनका बलिदान ही संघ के स्थापना के पूर्व होगया था।
May this #Dhanteras bring immense happiness and wealth to you and your family. A very Happy Dhanteras to all!
#HappyDhanteras
Nilesh Gurnani retweeted
Thank you Honourable Prime Minister @narendramodi @PMOIndia and @NileshShah68 for appreciating the role of Mutual Fund Distributors towards the growth of the Mutual Fund Industry by reaching out to investors of every strata of society & across the length & breadth of the country