Latest news with #MintHorizons
Mint
29-04-2025
- Business
- Mint
Mint's masterclass on global investing comes to the Capital
After successful sessions in Bengaluru and Mumbai, Mint Horizons is set to make its way to the capital city with a curated masterclass on overseas investing. The Delhi edition, hosted by Mint and anchored by Neil Borate, Editor – Mint Money, is designed to empower Indian investors with the insights, tools, and strategies required to diversify their portfolios beyond domestic markets. Here is where you can register. First 30 registrations are at a discounted fee of ₹ 999. As Indian investors face heightened volatility and a weakening rupee, conversations around global diversification are gaining momentum. Yet, for many, the path to international investing remains unclear — constrained by information asymmetry, perceived complexity, and regulatory nuances. Mint Horizons aims to bridge this gap by bringing together leading voices from finance, policy, and academia for an evening of learning and engagement. Featured speakers include Dhirendra Kumar, Founder & CEO of Value Research, Dr Mohan Kumar, former Ambassador to France & Bahrain and Dean, Strategic and International Initiatives, OP Jindal Global University, Prashanth Ranganathan, Founder & CEO at Zinc Money, Vaibhav Shah, Head, Products, Business Strategy and International Business, Mirae Asset Investment Managers (India), and Elizabeth Roche, Associate Professor, OP Jindal Global University. In recent months, the Indian equity markets have experienced a sharp correction, with the Sensex falling more than 7% since mid-December. At the same time, the rupee has depreciated against major global currencies, impacting purchasing power and investment returns on overseas expenditures — from travel to education. This dual challenge has reignited investor interest in global diversification as a way to hedge currency risk, access high-growth international sectors, and build more resilient portfolios. Whether through mutual funds, international brokerage platforms, or the recently liberalised GIFT City framework, the demand for credible, actionable guidance on global investing is stronger than ever. Mint Horizons seeks to address this demand through a focused workshop format that distills complex ideas into practical takeaways, helping participants confidently take their first steps toward building an international investment strategy. The Delhi edition of Mint Horizons will bring together some of the most respected minds in personal finance, investment strategy, and global policy. Through a series of keynote talks, fireside chats, and interactive discussions, attendees will gain clarity on the opportunities and challenges that come with investing across borders. The event is designed for high-net-worth individuals, professionals managing family wealth, financial advisors, and anyone with aspirations of sending their children abroad, planning retirement overseas, or simply seeking smarter, globally-aligned investment decisions. The session will be held on May 9, 2025, at the prestigious India Habitat Centre, Lodhi Road, New Delhi. The event will commence at 7:30 PM and run for approximately two hours, followed by a networking dinner. With only 60 seats available, the workshop is invite-only and aims to create a close-knit environment for immersive dialogue and exchange. The session opens with a keynote by Neil Borate, who will present a compelling case for global investing — exploring the macroeconomic shifts, regulatory enablers, and investor behaviours driving this trend. This will be followed by presentations and fireside chats featuring: Dhirendra Kumar , Founder & CEO, Value Research Decoding mutual funds and the GIFT City route to global markets , Founder & CEO, Value Research Decoding mutual funds and the GIFT City route to global markets Vaibhav Shah , Head – Products, Business Strategy & International Business, Mirae Asset Structuring an international portfolio from India , Head – Products, Business Strategy & International Business, Mirae Asset Structuring an international portfolio from India Prashanth Ranganathan , CEO, ZincPlanning finances for overseas higher education (in conversation with Neil Borate) , CEO, ZincPlanning finances for overseas higher education Ambassador Mohan Kumar and Rahul Sharma, USIBCUnderstanding global trade, tariffs, and geopolitical risk in investing Moderated by Elizabeth Roche, Associate Professor, OP Jindal Global University Mint Horizons is not just a learning platform — it's a call to action for Indian investors to think globally, act decisively, and invest wisely. As the world becomes increasingly interconnected, understanding and accessing global markets is no longer a luxury but a necessity for future-ready portfolios. Seats are limited. Register here. First 30 registrations are at a discounted fee of ₹ 999. First Published: 29 Apr 2025, 04:45 PM IST
Mint
25-04-2025
- Business
- Mint
Why global diversification is more than a buzzword for Indian investors
As the world economy enters a phase of volatility, Indian investors are increasingly questioning the wisdom of keeping their portfolios confined to domestic markets. The Mumbai edition of Mint Horizons, hosted on April 11 at the MCA, Bandra Kurla Complex, brought together some of the most prominent voices in finance and investing to explore why diversification across geographies and currencies is no longer optional — it's essential. Neil Borate, Deputy Editor at Mint, opened the event by highlighting the limited discourse in India around global investing. 'This is not about abandoning India,' he said, 'but about recognising that even a strong domestic story benefits from international diversification. It's about preparing, not predicting.' If you are keen to that Mint Horizons comes to your city, you can sign up here. Kalpen Parekh, CEO of DSP Mutual Fund, traced the evolution of DSP's global fund strategy and spoke candidly about investor reluctance. 'For years, no one cared about global funds,' he said. 'But post-COVID, we realised that the companies we spend time and money on — Netflix, Amazon, Apple — are global. If your lifestyle is global, shouldn't your investments be too?' Parekh emphasised that diversification isn't about chasing higher returns but managing concentrated risk. He shared data showing how multi-asset portfolios, particularly in volatile economies, often deliver better inflation-adjusted outcomes. Saurabh Mukherjea, Founder & CIO,Marcellus Investment Managers, shared a powerful insight: most Indians unknowingly spend in dollars — from airline tickets to tech subscriptions — while saving in rupees. 'That's a recipe for disaster,' he said. 'When your liabilities are in one currency and your assets in another, you're exposed. A portion of your portfolio must be aligned with the currencies you spend in.' Watch excerpts from the event below, Prashant Tandon, Executive Director at Waterfield Advisors, offered a high-net-worth perspective on global portfolio construction. 'We advise clients to allocate 5–10% of their portfolios to global assets,' he said. 'But equally important is the structure — we've focused on short-term US treasuries recently given inflation risks and rate cycle volatility.' Tandon noted how unusual it was for both equities and treasuries to fall simultaneously, reinforcing the case for truly uncorrelated diversification. Viram Shah, Co-founder & CEO of Vested Finance, outlined the two main routes for Indian retail investors — international mutual funds and direct investing via the RBI's Liberalised Remittance Scheme (LRS). 'Mutual funds are easier, but direct investing gives more control and options — over 10,000 global stocks, 2,000 ETFs,' he said. 'There's a learning curve, yes — KYC, remittance, tax — but once you're in, it becomes second nature.' Viram Shah, Co Founder & CEO, Vested Finance at Mint Horizons Mumbai Viram also spoke about how today's investors want tools, control, and simplicity — something Vested has prioritised with instant account setups, thematic portfolios, and educational content. Siddhartha Bhaiya, MD & CIO of Aequitas Investment Consultancy, offered a macro view rooted in contrarian investing. 'Gold has outperformed Indian and US equities over 25 years — in both INR and USD terms,' he said. 'When rules of trade break down, gold holds value. It's not a trend — it's insurance.' He added that understanding global market valuations is crucial, even if one doesn't invest abroad. 'Whether it's Germany, China or the US — know what you're buying, and what it's truly worth.' Arindam Sengupta, Founder ofEdufund, closed the panel by shifting the focus from asset performance to life goals. 'You've built wealth — now secure your family's future,' he said. 'With products like the EB-5 visa, you diversify in dollar terms and open residency pathways. Think of it as investing in options — not just markets.' He stressed the need to evaluate such choices like any other investment — with a focus on credibility, track record, and alignment with long-term goals. The Mumbai edition of Mint Horizons made one thing clear:diversification is no longer about just returns — it's about resilience. Whether through US treasuries, global ETFs, gold, or second-country residencies, Indian investors are being called to think beyond their borders. As one speaker summed up: 'The world won't always move how we expect. Diversification is how we prepare for the stories we haven't written yet.' First Published: 25 Apr 2025, 02:39 PM IST
Mint
22-04-2025
- Business
- Mint
Why global investing, diversification is crucial in tumultuous times
At the recent Mint Horizons masterclass in Bangalore, a compelling narrative emerged around the urgent need for Indian investors to look beyond domestic markets and embrace a global perspective on wealth, education, and opportunity. The event brought together experts from fintech, wealth management, and immigration, each highlighting why global exposure is no longer a luxury—but a necessity. Kicking off the conversation, Neil Borate, Deputy Editor at Mint, remarked on the overwhelming growth in financial content—but also on its limitations. 'There's a huge growth in people speaking—brokers, influencers, content creators. But when it comes to overseas investing, real guidance is still missing. That's the gap we're trying to fill,' he said. Neil shared a sharp insight into why Indian mid- and small-cap stocks have surged disproportionately in recent months. 'In 2022, when the RBI stopped mutual funds from investing overseas, all that money was forced into Indian equities. It's created valuation distortions. A lot of people don't connect the dots—but that decision has shaped today's market risks," Neil added. Watch excerpts from the workshop below, Referencing global market data from 1900 to now, Neil emphasised the over concentration of Indian portfolios. 'India isn't even a visible color on the global market cap map. And yet, most of us are 90–100% invested in that tiny dot. Yes, India will grow—but other colours matter too,' he said. The data was a wake-up call. While India accounts for just3–4% of global market cap, the average Indian portfolio remains almost entirely domestic. The session explored success stories like theMotilal Oswal Nasdaq ETF, launched in 2011. 'I told my father to put ₹ 5 lakh in 2012—not a huge sum, but we caught the rally,' Neil shared. 'The CAGR since launch is 21.88%—significantly higher than the Nifty.' But he also warned against survivorship bias by citing the HSBC Brazil Fund, which returned-2.74% CAGR in the same period. 'If you had split ₹ 10 lakh equally between NASDAQ and Brazil, your blended return would still beat the Nifty—and crucially, it wouldn't be correlated. That's the true value of diversification,' Neil said. Deepak Shenoy, Founder of Capitalmind, added context to this volatility, 'Markets are cyclical. It's not about avoiding risk, but about understanding where your concentration lies. Global investing helps smoothen that curve.' Neil Borate, Deputy Editor, Mint with Mayuresh Kini, Co-founder of Zinc Money At the heart of this conversation was Mayuresh Kini, Co-founder ofZinc Money, a new-age fintech platform making global investing accessible for resident Indians. 'Most people think you need to be HNI to invest globally. Not true. With Zinc, you can open a zero-balance dollar account, and start saving today,' said Mayuresh. Co-founded by SEBI-registered investment advisors, Zinc provides dollar accounts for resident Indians via a Payment Service Provider (PSP) license, global investment access through Gift City and a tie-up with broker GTN, and tailored portfolios for goals like foreign education, based on risk appetite and timelines. Zinc will soon launch dollar-denominated education loans via an NBFC license in Gift City. One of the participants, a parent planning for his son's international bachelor's degree, asked about saving ₹ 40 lakhs in USD over four years. Zinc's solution? Portfolio planning with declining equity exposure as the education date nears—a model that mitigates the risk of sudden market downturns. Prashanth Venkatesh, a fintech leader and parent, echoed this sentiment, 'You can't afford to save in rupees for dollar-denominated expenses. Our traditional instruments aren't aligned with that future.' Mayuresh also explained the India-U.S. tax treaty, 'Capital gains are taxed only in India—not the U.S. What's not covered, however, isinheritance tax. For non-resident non-citizens, the U.S. threshold is $60,000. Above that, there's a40% estate tax. It's something few Indian investors know.' The session also addressed cross-border banking needs. Entrepreneurs opening foreign entities—like in Singapore—can potentially open multi-currency accounts (USD, SGD, EUR, etc.) instead of setting up local bank accounts, which often come with high minimum balance requirements. But for corporate capital transactions, LRS doesn't apply. These fall underODI (Overseas Direct Investment) norms and are regulated by FEMA, often routed through an Authorised Dealer Category-I bank. The conversation also veered into geopolitics, particularly the disruption caused by shifting global alliances and uncertainty around U.S. leadership. In this new world ofbilateral trade agreements, agility in both investment and citizenship strategies is key. Rajnesh Pathak, founder of Global North, put a spotlight on immigration through investment. 'Immigration today is driven by capital. For those who don't qualify via employment or family, investment-led routes are the most viable. It's not about the fastest or cheapest—it's about purpose.' He highlighted how global residency programs are structured for economic development - governments raise capital, investors gain global access, and everyone wins. Global investing, foreign education funding, and immigration by investment—these are not niche concepts anymore. They are increasingly becoming a strategic necessity for Indian families seeking global exposure. What's needed is clarity, compliance, and choice. The session made one thing clear: the world is open. It's time Indian investors looked beyond their borders—not just for returns, but for resilience. As Devina Mehra, author and Chairperson of First Global, summed up, 'The only constant in global markets is change. Diversification is your only real hedge.' First Published: 22 Apr 2025, 03:19 PM IST
