An ex-HDFC Bank employee lost on Rs 25 crore ESOP jackpot by switching job too soon. But still his 'life is good', thanks to his SIPs
Gurmeet Chadha
, now the chief investment officer at wealth advisory firm
Complete Circle Consultants
, has built his
investment strategy
on the back of a valuable life lesson. In 2006, he left his role at
HDFC Bank
for a 25% pay hike, a decision that cost him dearly in the long run. By exiting before his Employee Stock Ownership Plans (ESOPs) vested, Chadha missed out on what could have grown into a multi-crore asset—estimated around Rs 15–25 crore, based on the success of HDFC stock over the years.
But he took a disciplined approach to course-correct. He recently shared an important investing milestone. Today, four of his
mutual fund SIPs
and five stock SIPs have completed a full ten-year tenure.
Despite the volatility and global uncertainty that have defined markets over the past decade, Chadha remains bullish on the power of time and discipline. Rather than chase market highs or rely on timing, he focuses on defined quantity targets—accumulating specific numbers of shares in companies he believes in. In his view, downturns serve as buying opportunities rather than causes for panic.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Donate to Jon Ossoff for Senate in GA
Jon Ossoff for Senate
Donate Now
Undo
— connectgurmeet (@connectgurmeet)
In his current outlook, he projects that the 'new normal' for equity returns in the medium term may range between 10–12%. This moderation, he suggests, should prompt investors to adjust expectations and stay focused on process-driven investing. In a recent podcast, Chadha said that his own strategy now aims at building enough passive income through dividends to cover living expenses.
— connectgurmeet (@connectgurmeet)
Having worked at Citibank and Reliance Mutual Fund before co-founding his current firm, Chadha's investment approach is shaped as much by experience as by logic ."Despite all the ups and downs, markets have been kind. Life is good. Time + discipline is greater than timing + intelligence," he said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
27 minutes ago
- Time of India
Diversification, policy reforms aid Odisha's industrial progress: CM
1 2 3 4 Bhubaneswar: Ahead of the BJP govt's one-year anniversary, chief minister Mohan Charan Majhi on Sunday said that Odisha is becoming a "diversified industrial powerhouse" and a top investment destination in the country by not just approving investments worth Rs 4.5 lakh crore but also successfully grounding projects worth Rs 1.78 lakh crore. "Odisha is no longer just a minerals and metals hub. We are becoming a diversified industrial powerhouse, where opportunity flows from port to plant, and from cities to every aspirational district," the CM said during a meeting with leading industrialists and entrepreneurs in the city. "We are not merely sanctioning projects; we are grounding them. We are not making promises; we are delivering results — at scale, with speed, and with purpose," Majhi said. Mapping the industrial growth story, he said, "In just one year, we approved over 200 large and mega projects. Odisha now stands for credibility, competitiveness and commitment to progress." The CM said industries are diversifying from minerals and metals to green energy, agro-processing, technical textiles and shipbuilding, with investments flowing into 20 sectors. He attributed the success to proactive policy push like outcome-based governance and a "whole-of-govt model" that emphasises seamless coordination between departments and agencies. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 오스템 임플란트 받아가세요 임플란터 더 알아보기 Undo Roadshows in Delhi, Mumbai and Singapore have pitched Odisha as a hub for chemical, electronics, capital goods and advanced manufacturing, while two major events, Pravasi Bharatiya Divas and Utkarsh Odisha — Make in Odisha Conclave-2025, attracted global attention and industrial giants expanding the state's economic footprint, Majhi said. Majhi also spoke about the ambitious vision for 'Samruddha Odisha' by 2036, aligning with the centenary celebration of formation of the state. He outlined four key priorities in the upcoming year, including the launch of new policies targeting emerging and sunrise sectors, expansion of land banks, logistics corridors and critical infrastructure. He emphasised revamping the single-window system with digital-first project tracking and simplification of regulatory compliances to speed up approvals and encourage entrepreneurship. To support industrial labour, the state is developing 13 workers' hostels and modernising seven industrial estates with plug-and-play infrastructure. Furthermore, 30 MSME parks and 8 new industrial areas have been initiated to empower small enterprises and entrepreneurs. Industries minister Sampad Chandra Swain, MSME minister Gokulananda Mallik, development commissioner Anu Garg, and senior officers, among others, attended the event.
Time of India
an hour ago
- Time of India
Virgo Daily Horoscope Today, June 09, 2025: Let Curiosity Lead the Way Forward
Today's energy is asking you to loosen your grip a little and explore life through curiosity instead of control. You may feel the urge to correct or perfect everything, but if you pause and ask questions instead of assuming, new ideas will come. Ego wants to prove, but wisdom wants to understand. Use this day to be open, to observe without judgement, and to learn something new about yourself or others. The more curious you are, the more balanced the day becomes. Virgo Love Horoscope Today In love, this is a day to listen with interest, not with expectations. If you're in a relationship, ask how your partner feels instead of assuming. Let them show you a new side of themselves. Curiosity is more attractive than perfection today. Let love reveal itself naturally without needing to control the pace. When ego rests, connection grows. Allow a little wonder to return to your heart. Virgo Career Horoscope Today Career today benefits from an open approach. Instead of sticking strictly to rules or past methods, allow space for fresh ideas. You may discover a better way to do something if you simply ask, explore, or observe. A colleague or junior may teach you something without even trying. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Device Made My Power Bill Drop Overnight elecTrick - Save upto 80% on Power Bill Pre-Order Undo Drop the pressure to be the smartest in the room. Let the process guide you. Leadership today is about learning, not controlling. Let your curiosity become your strength at work. Virgo Money Horoscope Today Financially, this is a good day to learn something new—perhaps a small lesson about managing money, a hidden charge, or a fresh investment idea. Don't jump to conclusions or follow outdated patterns. Stay open and research before making decisions. If you spend, ask yourself if it truly adds value. Money today flows better when guided by awareness, not just habit. Even a simple review of your spending habits can give clarity. Curiosity brings better financial decisions now. Virgo Health Horoscope Today Your health may feel slightly off if you're mentally overactive. The body might reflect restlessness through digestion issues or light headaches. Calm your thoughts by asking, not reacting. Why is your body feeling like this? Let that question guide your care today. Gentle stretching, mindful breathing, or even light reading can help balance your energy. Don't push for extreme routines. Just listen and adjust. Curiosity in health will lead you to simple but powerful healing habits. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .
Time of India
an hour ago
- Time of India
Delhi to get 3 new water treatment plants, additional supply of 235 MGD
New Delhi: To address the growing water demand of its expanding population, Delhi will see the construction of three new water treatment plants, senior officials of (DJB) have said. Tired of too many ads? go ad free now These facilities will be located at Iradat Nagar, near Narela, Najafgarh in south-west Delhi, and Chhatarpur in south Delhi. Collectively, the new plants are expected to supply an additional 235 million gallons per day (MGD) of treated water to the capital. The Iradat Nagar and Chhatarpur plants will each have a capacity of 80 MGD, while the Najafgarh plant will have a capacity of 75 MGD. There are also proposals to source water for these plants from dams in Himachal Pradesh and Uttarakhand. Officials said a dam proposed on the Giri River in Himachal Pradesh is expected to supply 275 MGD of water to the capital. DJB has already provided Rs 214.84 crore to the Himachal Pradesh Power Corporation Limited (HPPCL) for the project. Similarly, DJB has also made financial commitments toward other proposed dams: Rs 8.1 crore for the Kishau Dam on the Tons River in Uttarakhand and Rs 7.7 crore for the Lakhwar Vyasi Dam on the Yamuna River, also in Uttarakhand. According to DJB officials, the city's current population exceeds 2.5 crore. Based on the standard requirement of 50 litres per person per day, Delhi requires about 1,250 MGD of water. However, the current supply falls short at around 990 MGD. At present, the city's nine water treatment plants together supply approximately 1,000 MGD. The new projects are part of a broader effort to bridge the supply gap and ensure consistent water availability amid rising demand. Tired of too many ads? go ad free now In recent years, several areas in Delhi have faced disruptions in water supply due to elevated ammonia levels in the Yamuna River, which hindered the operations of existing treatment plants. These ammonia surges resulted in periodic supply cuts, leaving some localities with little or no water. Last winter, the Wazirabad water treatment plant operated at half capacity due to contamination, while output from the Chandrawal plant was cut by 10%. The Haiderpur, Bawana, and Dwarka facilities also experienced reductions ranging between 5% and 10%, impacting large parts of the city. DJB's 2023 Economic Survey noted only a marginal increase in the capacity of the city's water treatment plants—from 943 MGD in 2022 to 946 MGD in 2023, a rise of just 0.31%. Despite supply challenges, Delhi govt continues to provide up to 20 kilolitres of free water monthly to households with metered water connections. To further strengthen the infrastructure, Delhi Jal Board will undertake a new Rs 300-crore project to lay an 11-kilometre pipeline. This initiative aims to mitigate intermittent water supply issues stemming from high ammonia levels in the Yamuna. The planned conduit will run from the Haiderpur Water Treatment Plant to the Wazirabad barrage, with work underway on detailed specifications and cost estimates.
