In this 23rd Episode of the AUM Finance Podcast I get to Interview the Vice Chairman & CEO Of Mirae Asset Investment Managers (India) Pvt. Ltd. Mr. Swarup Mohanty, We dig deep into the Investment philosophy of MIRAE Mutual Fund in South Korea And predominantly how it operates its India Operations…
How Big is Mirae as a Fund House, locally and Internationally?
Mirae in Korean means "The Future". They are the first AMC in South Korea
The market is always smarter than you.because it is the wisdom of the crowds.
Fund managers sits on a fiduciary chair. Fiduciary means safeguarding somebody else's money.
Aanvikshiki - Means the Art of thinking.
"I can lose my job on non performance but never on non compliance" - Swarup Mohanty
"Respecting the young" - Each generation thinks differently about money
Investing is a business of Risk Management
GOAL PLANNING - All investments should have a goal attached to it. You should know, why you are investing.
"START WITH WHY" - If you know why you want to invest, then where to invest becomes easy.
Even the most affluent people have financial goals.
Even charitable initiatives needs to be profitable to sustain in the long run.
Ashta-Lakshmi (The 8 kinds of Wealth)
"RETIREMENT PLANNING" - The most ignored Financial goal in India- Is the only goal for which you cannot take a loan.
The only thing you'll need in the old age is money. Its the only thing that will stand by you in the old age
We should not be dependent upon our children for monetary needs
Indians are cluless about their retirement.
Every human being should have a source of Passive Income
We have the best regulator in the World - SEBI under Ms. Madhabi Puri Buch
25 years CAGR points out that Indian Stock Market is the best in the World...
The person who takes investor to the goal is a Rockstar…
Join us as we unravel the intricacies of investment strategies and philosophies with Mr. Swarup Mohanty, offering invaluable insights for both seasoned investors and newcomers alike. Don't miss out on this enriching conversation!