Report – Mumbai Investor Meet

Published: February 2, 2015 at 11:37 am

Last Updated on February 11, 2021

Yesterday, the workshop on financial planning and goal-based investing was held at Mumbai. Here is a report.

The day began for me at 3 am to catch the 6 am flight from Chennai. I don’t like text  messages before I fly. It means a delay or cancellation.  Thankfully, this one was from Subra asking for the exact location of the hotel in Dadar.

Thankfully, the flight landed a few minutes ahead of time. En route to the hotel, I received a call from P Gopalakrishnan, who along with his wife Aarthi were already at the venue (more than an hour before the start) helping out with the registration.  They were kind enough to print the list I had sent them.

When I arrived, I was overwhelmed to meet so many facebook friends and Asan Ideas for Wealth members. Fee-only planner, Melvin Jospeh was at the registration desk and helped out with the arrangement throughout the day. The team, who had part-sponsored the event was already there. Headed by Sharad Singh who spoke passionately about the how mutual funds are analyzed and ranked by them and his team members, Gaurav Mody and Atul Khanna.

The previous day, Jinesh Shah, Vishal Rochlani and Guru Rudagi had gone to the hotel to oversee arrangements meticulously planned and negotiated by Sundaram Ananthakrishnan. Sundaramji has organised this despite severe domestic constraints.

Abhinav Guletcha (fee-only planner) was there with his laptop for me to use. Swapnil Dalvi got his laptop as a backup. Jinesh Shah was busy with his Handycam.

There were so many others who help out: Abhijeet Dongre (who runs stock portal Eqax), Abhay Gadiyar (IFA) , Prakash Praharaj (fee-only planner) ,  Nitin Rao (who runs , Pratik Singhal, Bhadresh Shah, Chetan Raut, Mahesh Jadav, Pradip Chinnakonda.  Thank you very much.

It is because of such collective effort, that I could afford to fly in and fly out the same day without worrying about the arrangements.

Deepak Khemani (senior IFA) greeted me spontaneously with a bear hug (he prefers to call it a bull hug!) which I shall cherish.

I spoke about goal-based inflation, accounting for inflation, understanding volatility, rolling returns and how to choose a mutual fund. There were some interesting questions. I will write about some of these in future posts.

Dr. Uma Shashikant spoke about direct equity. Simple steps for stock selection. She spoke about how to use the factors that influence return on equity to evaluate and choose stocks.  I will try and modify my stock analyzer along these lines so that it is easier to use.

Subra spoke about retirement planning. Common mistakes made at the pre- and post-retirement stages. See his posts on this meet here and here.

Although Umaji had to leave early, she felt her task was not complete after her lecture and stayed back after lunch and along  with Subra patiently answered questions from the audience.

Sharad Singh spoke about how evaluates mutual funds and gives them a star rating. Watch out for their new portfolio evaluation tool which is coming up.

Mr. Amit Trivedi spoke with great clarity on a subject which is considered dry and difficult: debt mutual funds.

I would like to thank all participants for spending an entire Sunday with us and patiently listening to us and interacting with us.

A few people have asked me how we managed to keep the registration cost to only Rs. 750/-

This is primarily because of the

  • efforts of Sundaram Ananthakrishnan who spent several hours at the hotel and negotiated with management
  • instantaneous sponsorship of Sharad Singh via
  • generosity of the speakers, Umaji, Subra and Amitji. They did not ask to be compensated in any way for their talks.  I am confident that those who heard them realize the true value of their presentation and cherish the time spent yesterday.

Please see threads on facebook group, Asan Ideas for Wealth for a few photos taken by the participants.


Do share if you found this useful

We now publish both equity fund and debt fund (+ hybrid fund) screeners each month!
Use our Robo-advisory Excel Template for a start-to-finish financial plan! Now with a new demo video!  More than 415 investors and advisors use this!
Unlock the secrets of successful financial advisors and entrepreneurs with our new course!
My new book for kids: “Chinchu gets a superpower!” is now available!
Both boy and girl version covers of Chinchu gets a superpower
Both boy and girl version covers of Chinchu gets a superpower.
Most investor problems can be traced to a lack of informed decision making. We have all made bad decisions and money mistakes when we started earning and spent years undoing these mistakes. Why should our children go through the same pain? What is this book about? As parents, if we had to groom one ability in our children that is key not only to money management and investing but for any aspect of life, what would it be? My answer: Sound Decision Making. So in this book, we meet Chinchu, who is about to turn 10. What he wants for his birthday and how his parent’s plan for it and teach him several key ideas of decision making and money management is the narrative. What readers say!
Feedback from a young reader after reading Chinchu gets a Superpower (small version)
Feedback from a young reader after reading Chinchu gets a Superpower!
Must-read book even for adults! This is something that every parent should teach their kids right from their young age. The importance of money management and decision making based on their wants and needs. Very nicely written in simple terms. - Arun.
Buy the book: Chinchu gets a superpower for your child!
How to profit from content writing: Our new ebook for those interested in getting side income via content writing. It is available at a 50% discount for Rs. 500 only!
Did you know? We have more than 1000+ videos on YouTube to explore! Join our YouTube Community!

Join our courses in exclusive Facebook Groups!

  • 550+ members are now part of our new course: How to get people to pay for your skills! (watch 1st lecture for free). Learn how to get people to pay for your skills! Whether you are a professional or small business owner who wants more clients via online visibility or a salaried person wanting a side income or passive income, we will show how to achieve by showcasing your skills and building a community that trusts you and pays you!
  • Goal-based portfolio management! Join 2220+ members and get clarity on how to plan for your goals and achieve the necessary corpus no matter what the market condition is!! Watch the first lecture for free!  One-time payment of Rs. 3000 only. No recurring fees! Life-long access to videos (10+ hours content)  in an exclusive Facebook Group! Reduce fear, uncertainty and doubt while investing! Learn how to plan for your goals before and after retirement with confidence.

Want to check if the market is overvalued or undervalued? Use our market valuation tool (will work with any index!), or you buy the new Tactical Buy/Sell timing tool!
We publish mutual fund screeners and momentum, low volatility stock screeners .every month.
About the Author Pattabiraman editor freefincalM. Pattabiraman(PhD) is the founder, managing editor and primary author of freefincal. He is an associate professor at the Indian Institute of Technology, Madras. since Aug 2006. Connect with him via Twitter or Linkedin Pattabiraman has co-authored two print-books, You can be rich too with goal-based investing (CNBC TV18) and Gamechanger and seven other free e-books on various money management topics. He is a patron and co-founder of “Fee-only India,” an organisation to promote unbiased, commission-free investment advice. He conducts free money management sessions for corporates and associations based on money management. Previous engagements include World Bank, RBI, BHEL, Asian Paints, Cognizant, Madras Atomic Power Station, Honeywell, Tamil Nadu Investors Association, IIST Alumni Association. For speaking engagements, write to pattu [at] freefincal [dot] com
About freefincal & its content policy Freefincal is a News Media Organization dedicated to providing original analysis, reports, reviews and insights on developments in mutual funds, stocks, investing, retirement and personal finance. We do so without conflict of interest and bias. Follow us on Google News. Freefincal serves more than one million readers a year (2.5 million page views) with articles based only on factual information and detailed analysis by its authors. All statements made will be verified from credible and knowledgeable sources before publication. Freefincal does not publish any paid articles, promotions, PR, satire or opinions without data. All opinions presented will only be inferences backed by verifiable, reproducible evidence/data. Contact information: letters {at} freefincal {dot} com (sponsored posts or paid collaborations will not be entertained)
Connect with us on social media
Our publications

You Can Be Rich Too with Goal-Based Investing

You can be rich too with goal based investingPublished by CNBC TV18, this book is meant to help you ask the right questions, seek the correct answers, and since it comes with nine online calculators, you can also create custom solutions for your lifestyle! Get it now. It is also available in Kindle format.
Gamechanger: Forget Startups, Join Corporate & Still Live the Rich Life You Want Gamechanger: Forget Start-ups, Join Corporate and Still Live the Rich Life you wantThis book is meant for young earners to get their basics right from day one! It will also help you travel to exotic places at a low cost! Get it or gift it to a young earner.

Your Ultimate Guide to Travel

Travel-Training-Kit-Cover-new This is an in-depth dive analysis into vacation planning, finding cheap flights, budget accommodation, what to do when travelling, how travelling slowly is better financially and psychologically with links to the web pages and hand-holding at every step. Get the pdf for Rs 199 (instant download)
Free android apps