Latest news with #VestedFinance
Hans India
17-07-2025
- Business
- Hans India
Indian investors stay put on Nvidia, Google stocks
New Delhi: Chipmaker Nvidia Corporation, which recently touched a $4 trillion market cap mark, was the most traded US stock by Indian investors, topping both buy and sell lists in the April-June period (Q2 2025), a report said on Wednesday. Nvidia captured 6.4 per cent of total buy volumes and 8.3 per cent of total sell volume, reflecting both profit-booking and buying interest, Vested Finance's 'Global Investing Behaviour Report' showed. Meanwhile, Alphabet, the parent company of Google, stood out with the highest net inflows and a 113 per cent rise in unique investors during the same period on the Vested platform. Tesla, Advanced Micro Devices (AMD), and Apple were among the innovation-focused names that gained traction in the period as well. Duolingo saw a 2,255 per cent jump in investor base, while healthcare giants like UnitedHealth Group and Novo Nordisk witnessed over 500 per cent growth in investor count.
Mint
16-07-2025
- Automotive
- Mint
Tesla shares: What could be the impact of Elon Musk's EV launch in Indian market?
Tesla shares: Elon Musk-backed Tesla finally made its way into the Indian market, with the opening of its first store in Mumbai, in a bid to tap new markets amid slowing sales in the established ones. Tesla launched its Model Y with a starting price of nearly $70,000 ( ₹ ) in the world's third-largest car market. The cost of Tesla cars in India is much higher than that in the US, even without a federal tax credit — largely due to India's 70% to 110% tariffs on imported cars that Musk has long criticised, according to media reports. With the launch of Model Y in India, Tesla is looking to tap a niche electric vehicle segment in India that accounts for just 4% of overall sales. But the question remains, how will this impact the company, which is struggling not only in sales but also in the stock market? Tesla's share price is down 25% in the last six months, while it has lost 6% in one month. Most experts do not see any immediate impact on the company or its shares, but believe that Tesla's foray into Indian markets has longer-term strategic benefits. "Tesla's long-awaited India debut with the Model Y marks a strategic, not sales-driven, entry. The car, priced at nearly ₹ 60 lakh due to India's steep import duties, puts it far out of reach for the average Indian buyer, especially in a market where over 75% of passenger vehicles sold cost under ₹ 15 lakh, and luxury car sales barely crossed 51,000 units in 2024. Yet, this isn't just about immediate numbers. Tesla is laying the groundwork," said Viram Shah, Founder & CEO, Vested Finance. With India emerging as the world's third-largest car market and aiming for 30% EV penetration by 2030, the long-term upside is massive, Shah added. But a major challenge for Tesla in India remains the high tariffs, and a solution on that front would be a key factor that analysts are keenly tracking. "Due to India's high import tariffs, Tesla's imported models are currently expected to generate lower gross margins compared to its global sales. Ongoing US–India tariff negotiations will be a key catalyst to watch, as any easing of import duties would be a clear positive for Tesla, allowing it to offer more competitive pricing and expand its market share," said Prashant Tapse, VP-Senior Research, Mehta Equities. On the other hand, if tariffs remain unchanged, Tesla's near-term upside remains limited, with its India play confined to a niche premium segment, cautioned Tapse. Should Tesla commit to local manufacturing and align its pricing strategy accordingly, it could significantly strengthen its global growth narrative and solidify its Indian long-term position in one of the world's fastest-growing EV markets, he said. Ross Maxwell, Global Strategy Lead at VT Markets, believes there are obstacles Tesla will need to address, and therefore, the initial impact will be muted. However, he added that India is a fast-growing but untapped market in the EV sector (with EV adoption below 2% even though it is the third largest auto market globally), meaning there is huge upside and untapped potential. Since Tesla has entered India's EV space, should Indian EV manufacturers like Tata Motors and Mahindra and Mahindra worry? Well, the analysts remain split. In the current scenario, Tapse believes that Tesla doesn't pose a potential threat to domestic EV players like Mahindra & Mahindra and Tata Motors, but it can be negative to global brands such as BMW, Mercedes-Benz, and BYD, which currently enjoy a solid presence in India's premium EV segment, which Tesla is tapping. Tata Motors currently dominates the mass-market EV segment with models like the Nexon EV and Punch EV, priced between ₹ 10–20 lakh, while Mahindra & Mahindra is gradually expanding its EV portfolio with a focus on electric SUVs and its upcoming Born Electric (BE) series, expected in the ₹ 18–28 lakh range. "Given Tesla's current premium positioning—with the Model Y priced at ₹ 60 lakh+ (inclusive of import duties and additional costs)—there is minimal direct competition with Tata's and M&M's core EV offerings in the near term," said Tapse. He, however, added that concern arises if India relaxes import duties or if Tesla commits to local manufacturing. In that scenario, the pricing gap between Tesla and domestic EV players could narrow, posing a potential threat to Tata's and Mahindra's higher-end EV ambitions and premium models. Meanwhile, Shah said that though Tesla's here to test the waters, even this symbolic move pressures competitors like Tata, Mahindra, and BYD to step up their EV game. It may not be a volume play today, but it's certainly a signal for tomorrow, he said. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
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
