Brigade Enterprises Ltd is the flagship company of Brigade Group which is headquartered in Bangalore, Karnataka, India. The Brigade Group also has operations in Mangalore, Mysore, Chennai, Kochi, Hyderabad and Chikmagalur, and a representative office in Dubai.
Editor Desk A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis. Budgets can be made for a person, a group of people, a business, a government, or just about anything else that makes and spends money. Lifestyle inflation refers to an increase in spending when an individual’s income goes up. Lifestyle inflation tends to become greater every time an individual gets a raise and can make it difficult to get out of debt, save for retirement or meet other big-picture financial goals. Lifestyle inflation is what causes people to get stuck in a cycle of living pay check to pay check where they have just enough money to pay the bills every month. Creating a budget is one of the simplest and most effective ways to control your spending, saving and investing. You can’t begin or improve your financial health if you don’t know where your money is going, so start tracking your expenses vs. your income, then set clear goals. Most individuals will spend more money if they have more money to spend. As people advance in their careers and earn higher salaries, there tends to be a corresponding increase in spending, a phenomenon known as “lifestyle inflation.” Even though you might be able to pay your bills, lifestyle inflation can be damaging in the long run, because it limits your ability to build wealth. Every extra dollar you spend now means less money later and during retirement. One of the main reasons people allow lifestyle inflation to sabotage their finances is their desire to keep up. It’s not uncommon for people to feel the need to match their friends’ and co-workers’ spending habits. If your peers drive BMWs, vacation at exclusive resorts, and dine at expensive restaurants, you might feel pressured to do the same. As your professional and personal situation evolves over time, some increases in spending are natural. You might need to upgrade your wardrobe to dress appropriately for a new position, or, as your family grows, you might need a house with more bedrooms. And with more responsibilities at work, you might find that it makes sense to hire someone to mow the lawn or clean the house, freeing up time to spend with family and friends and improving your quality of life. It’s often said that it’s never too late to start saving for retirement. That may be true (technically), but the sooner you start, the better off you’ll likely be during your retirement years. Personal finance rules can be excellent tools for achieving financial success. However, it’s important to consider the big picture and build habits that help you make better financial choices, leading to better financial health.
Chemm Finance
‘A ‘CATEGORY NBFC REGISTERED
COMPANY WITH RESERVE BANK OF INDIA Chemm Finance Ltd is a highly rated non-banking financial company of India with a vast base of trusted clients and patrons. The company was incorporated on 2 August 1993. Although based in Bangaluru, the company’s operations have spread throughout Karnataka. It has a number of branches established in Karnataka. The Chemmanur Jewelry Group of Companies is the promoter of the company. Chemm Finance Ltd. is a recognized organization with a well-established presence on the financial market and among its clients. The company was registered with Reserve Bank of India as’ A’ Deposit Accepting NBFC. 8 inory
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Chemm Finance Ltd. was developed under the leadership of established names in the business world. George Chemmanur, ex-Director of Catholic Syrian Bank Ltd., is the chairman of the company. Shyaman P, a former executive officer of the Federal Bank, is the CEO of the company. Chemm Finance Ltd. has a high level of experience and responsibility as members of its Board of Directors. The company’s core members act as the firm’s think tank. Due to the guidance and guidance provided by veterans and the insights provided by their experience, the company has successfully carved a name among the top financial organizations in the southern part of the country. The company also has a
dedicated team of workers who are enthusiastic and committed towards the company’s growth. The company believes in the value of trust, reliability and hard work. The interests of clients and patrons are of the utmost importance. Every decision of the company shall be taken, bearing in mind the well-being of the clients and the patrons. The company maintains transparency in all its business processes and transactions. The company’s progress over the last two decades exemplifies the fact that hard work and dedication have always paid off. From being a new entrant in a highly competitive financial sector to being recognized as one of the well-known names in the business sector, there is no November 2019
small task to be accomplished. Chemm Finance Ltd, however, believes in growth and progress. Thus, the company always strives to overcome the new challenge. Mr. Shyaman P – CEO Mr. Shyaman P is Chief Executive Officer of Chemm Finance Limited. Postgraduate from the University of Calicut and Certified Associate of the Mumbai Indian Institute of Bankers. He’s an experienced figure in the banking and financial world. He served as a senior executive in the Federal Bank. He has an extensive knowledge of the financial world. Shyaman says, The Company offers a wide range of Investment options and solutions under one roof. Its professional touch to the Investment Consultancy enables.
Chemmanur Jewellery Group of Companies, a renowned name in itself. Chemm Finance Ltd. was formed with the aim to reach out to a large number of people and help them achieve their monetary goals. The company has remained true to its commitment for more than two decades now, says Shyaman.
George Chemmanur Chairman & Founder
Chemm Finance Ltd. is a trusted name in the world of finance. The company is a part of the
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How to identify a good financial advisor? We believe there is a set of key traits or requirements. As you read through these and you think of a particular advisor, decide whether they pass each requirement. Through this process of elimination, you will see that only those that meet all of these traits can be judged as good financial advisors. Consistency: Most people believe that this would be easy to measure by using returns. However, consistency should be based on how an advisor executes their investment mandate. Do they invest in the way that they have told you they will invest? Do their actions match their words? Discipline: This is strongly linked to consistency. The key here is how accountable the advisor is to discipline. Discipline in investing means having the discipline to follow a plan. This should show in the results. Is the advisor able to deliver an absolute after-tax return that is higher than the rate of inflation by at least 200 basis points consistently? Identifying opportunities and communicating:
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Advisors can be consistent and disciplined, but fail to raise investment opportunities to clients because they could not clearly communicate what they are and what they will do for the client. Many financial advisors are represented by their sales people, who all follow the same script. A good financial advisor is one who deviates from this tedious norm, and can openly discuss your unique situation, how to grown your wealth, and what they will do so you do not lose your money. Is the advisor simply following a script, or are they really analysing your particular portfolio, situation, and needs? Currency Risk: These days, every upper class Indian needs to hedge his assets against rupee depreciation. The upper-class Indian is a Global Indian and his or her lifestyle includes the consumption of world class products. Does the advisor have a strategy to advise you on investments in international funds? Does the advisor ever mention currency risk? Risk Management: The ultimate objective is to stay in the game. Part of the strategy is the filtering out of the loser. It can be more important than spotting the winner. If an advisor understands
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the way to lose money, then he will know the way to make money and augment the chance of spotting the winner. Besides, risk management is highly related with the emotion control in investment. Good risk management contributes a large factor to emotional control and behaviour by preventing any illogical action during money losing. Good risk management will always
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cap the maximum loses, predict the consequences of losses, and formulate a Plan B. Does the advisor ever mention how to not lose money? Does he ever talk about risks?
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ithought is a SEBI registered investment advisor (RIA). We run a customer centric advisory model with fiduciary emphasis, transparency and discipline at its core focus. Our team of investment advisors follow a sound process developed in house from years of research and investment practise. Our focus is on delivering sustainable long-term returns and managing financial risk. We follow a methodical, customised approach duly backed by solid research to provide financial advice to suit each client’s profile. ithought’s Registered Investment Advisor (RIA) model is committed to running a transparent and fee only practice for our financial services. Shyam Sekhar founder of ithought says, Personal finance is the most important thing for every individual. It must be personalised, planned, prioritised, and perfected. Who is best placed to do this well? A financially savvy person is sure 12 inory
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to help himself. But, what about everybody else? Surely, every one of us deserves to see our hard work show up as money. And, that money must be turned into sustainable wealth. Our investment advisors use the three pillars of knowledge, time, and preparation to consistently provide sound financial advice. Our Registered investment advisor (RIA) model dedicates time to reviewing, monitoring, and advising every client on financial decisions. In the end, as a SEBI registered investment advisor it is our endeavour to ensure that our clients make informed financial decisions that are aligned with their financial interests. To a competent contrarian financial advisor investing is an art and a science. It requires an investment plan supported by a vast knowledge base and a keen sense of judgment. As a contrarian financial advisor,
we believe that value investing helps capture emerging trends within the investment universe. Value investing creates space for a contrarian financial advisor to take advantage of investment opportunities. Every financial advisor at ithought is respectful of the investor’s investment plan. Each financial advisor is meticulous and follows a researchbased approach to value investing and risk management. We are contrarian and risk management form the core of every investment plan. As your financial advisor, what matters to you matters to us. The investment plan enables risk management. Value investing delivers on longterm returns by simultaneously protecting and nurturing investments. Value investing is an inbuilt risk mitigation strategy – it limits the downside and makes the most of the upside. An investment plan may take time to translate into November 2019
reality and as a financial advisor the best way to approach this is to stick to the investment plan, be contrarian, and focus on risk management. Value investing recognizes that the market often ignores potential until it materializes. By being contrarian returns could be above average and risk management more effective. ithought as a financial advisor chooses to be contrarian and rely on value investing. We explore untapped areas of the market to deliver a premium investment plan. As a contrarian financial advisor, we must swim against the tide of prevalent ideas and narrow down on an investment plan that is strong in risk management. 13 inory
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Being a financial advisor warrants abundant caution in our contrarian calls. Contrarian ideas are backed by facts, conviction, research, and risk management tools. Every financial advisor on our team works with bold contrarian ideas in a responsible manner. An established financial advisor, we cater to diverse clientele across the globe. We make a sincere effort at creating an investment plan that reflects a client’s aspirations, commitments, and requirements. The investment plan enables us to become partners with our clients. The investment plan also empowers clients to be contrarian and focus on the long-term. Value investing is the foundation of every
investment plan. The investment plan identifies entry and exit points in line with risk management objectives. A decade of being a contrarian financial advisor has taught us that wealth creation is a marathon and not a sprint. Our fee only structure reiterates our commitment to transparent remuneration for a financial advisor. We commit to handling every investment plan with care through regular review and close monitoring. When you choose ithought, you not only choose a contrarian financial advisor, but also a relationship.
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udos has emerged as a fast-growing Technology-led Data-driven NBFC to reckon with. We have forged multiple partnerships to achieve scale, trust and efficiency through our Technology Stack. We are powered by new-age technology and driven by synergistic partnerships ably supported by Leading Banks and NBFCs. We strive to achieve excellence by offering loans with minimum paperwork and ease at the least stipulated time in order to offer a hassle-free experience to our customers. Kudos Finance and Investments Pvt. Ltd. is redefining consumer finance/business loans with pioneering models. Kudos means ‘glory’, and as the name suggests, Kudos Finance and Investments Pvt. Ltd. persevere to bring glory to our clients and their business. We, thus, cater to the financial needs of our clients, while abiding by professional standards of conduct. After earning a degree in Finance from the California State University, Fresno, Mr. Pavitra Walvekar is the Co-Founder & CEO of Kudos Finance and Investments Pvt. Ltd. We, Mr. Pavitra Walvekar says, at Kudos, live by these words. Bringing years of expertise to the table, we aim to help people bring their vision to life; to help them serve their ambition and shape their dreams. Our vision stems from a motivation to encourage financial inclusion in the country by funding the new-to-credit and financially underserved segment, thereby integrating them into the financial system and creating a social impact. Our mission is to fulfill the financial requirements of a specific segment through an understanding of its requirements, consequently providing a customized approach to our product offerings through simple and speedy processes. Over the years, Kudos Finance and its lenders have tirelessly worked together to meet one common goal- provide financial assistance to small businesses and help deliver the dreams of many! Says Mr. Pavitra Walvekar.
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his consulting work, Ramalingam has written more than 250 articles which have appeared in Rediff. Com, Nanayam Vikatan and other Professional Trade Journals.
Holistic Investment Planners “We mean it by our company name “Holistic Investment Planners” that we do a comprehensive Financial Planning by a team of Certified Financial Planners (CFPs) which includes Financial Goals Achievability Test, Scenario Analysis, Risk Management Plan, Portfolio Management, Investment Planning and Tax Planning, Periodical Reviews, Asset Allocation rebalancing , Overseeing the implementation after thorough consideration of your financial status, current financial situation, and other future goals. Our Financial Planners, with a heartfelt responsibility for your life and your goals, will help you not to compromise for anything lesser than the best.” Holistic Investment Planners fills a universal need. Everybody wants to meet their financial goals and to have more happiness. We at Holistic investments planners help you to do just that with our comprehensive financial planning service. We hope that you will not only find a new and fascinating relationship with us through 16 inory
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our financial planning, wealth management and investment advisory services, but also a significant way to a richer fuller life. How will it be like to know that you are making the very best decision for each rupee you spend or save? At Holistic Investment Planners, with our 3D approach to financial planning, we help you put more power into every rupee to yield more wealth. We will show you exactly where you stand right now and the most direct path to where you want to be through a sound financial plan. Visionary founder: Mr Ramalingam K Ramalingam (MBA, CFP) is the Co-Founder and Director of Holistic Investment Planners Private Limited. As the creator and architect of the 3-Dimensional Holistic Investment Approach, he has advised hundreds of clients on the development and implementation of financial and investment plan. In addition to
Mr Rajan T Rajan (B. Com, CFP) is the Director & Deputy Financial Planner. He has 19 years of experience as a Financial Planner and has an excellent relationship with his clients. He offers realistic and positive financial advices to the investors who have several complex issues in their portfolio/ investments. His commitment with his clients is exemplary. He wrote articles and answered readers’ questions in Nanayam Vikatan. How is Holistic Investment Planners benefiting clients? We create, preserve and manage long term wealth and achieve your personal finance planning goals and objectives. We determine the type and amount of insurance you need to protect yourself, your family and your assets. Avoid costly mistakes, manage risk, save time, and improve your overall financial investment results. We go through the maze of retirement options and put you on course for the retirement you’ve always dreamed of. Says Mr. Rajan.
At Holistic Investment Planners we realize that each of our client is unique. We appreciate our clients and seek only the best matched individuals and families for our services. As a result, we strive to develop a deeper relationship with our clients. Says Mr. Ramalingam. November 2019
Mr Ramalingam K founder
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implicity Investing Advisors is managed by an experienced and professional Team that is focused on providing Clients with an exceptional Investment Advisory experience. Our Team actively participates in the financial lives of our Clients and guides them on their investment decisions with thoughtful analysis, sound judgement, and relentless follow-through. We are committed to personalized service, objectivity, transparency and, above all, simplicity. We began with one simple goal‌ to partner with our Clients on a journey to Financial Freedom. We focus on the future, take a global view 18 inory
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Rashmi-Shah
Founder and CEO
and minimize complexity. Our approach is comprehensive and holistic - and our key ingredients to a Client’s Portfolio are Strategic. Global. Simple. Rashmi Shah is a Chartered Accountant (India) and CPA (USA) with over 30 years of experience in organization building, strategic planning, and investments. He has worked in India and the USA for Fortune 500 companies and for clients from across the globe. As a founder of Simplicity, his vision is to create a financial institution with a global knowledge base, transparency, and a focus on wealth creation and wealth management for different generations. Throughout his career, he has mentored many financial professionals around the world. The understanding of the answer to this question led to the founding of ‘Simplicity Investing’. After analysing many portfolios, we found the following 3 ingredients to be lacking: Strategic, Global, and Simple. Strategic means that investments should be based on the future, and not the past. For example, invest in Companies or Businesses who will help change your Nation and take it into the future. Global means that one should invest around the world, because today a Nation’s economy is not local but global. Simple means that one should not have too many investments in one’s Portfolio, and should adhere strictly to an investment process. 19 inory
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Technology fuelling the growth in global economy On the global stage today, Internet and mobile technology is more powerful than the President of the United States of America or for that matter any Government in the world. Today you cannot win a war just by throwing a bomb. You must win the media and technology war. So, the market knows that neither North Korea, China or the United States will engage in any conventional war. Secondly Companies like Amazon, Microsoft, Apple and Facebook have become more powerful than any government in the world. Their technology and policies are more powerful and Just imagine for a moment that the employees of your local corporation or state government go on strike for a week. You will notice that it hardly makes any impact on your daily routine except 20 inory
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for a little inconvenience here and there. Now imagine that Google, Apple, Microsoft, Facebook, the Internet and WhatsApp shut down their services for a week. We strongly believe that it will have more impact on your life than a nuclear war, and stock markets would correct over 50% in just over two days. Business will come to standstill all over the world. In short, what we are saying is that technology today has become more powerful than any other force on the earth. Businesses and companies that are embracing the technology are growing at a phenomenal pace and that’s why stock prices of these companies keep going up. Traditional small businesses are suffering and those who keep resisting change and ignore the new way of doing business are getting bankrupt or
keep losing the market share at a fast space. Technological advances and the ease of moving money globally has changed in the last ten years. The financial world has drastically changed due to technological advances and internet. Today, money can be moved from one country to another while sitting at home. As a result, more investors are investing today globally than putting all their money in just the local market. As India is in a sweet spot of development with positive demographics, more money is moving to India. Secondly, investing in stock markets and mutual funds is much easier and more transparent as compared to any other investment class. Even the cost of getting in and out is much lower as compared to investments in real estate, gold and November 2019
bank deposits. The government also prefers more investments in the capital market than land, gold or bank deposits. The higher cost of land makes the cost of doing business expensive in a country. Investing in gold does not add any value to the economy, and higher interest rates on bank deposits
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lowers the profitability of banks and increases the cost of the products. At a macro-level, technological advancements have become more powerful than Government policies, wars, etc. Politicians worldwide, including in India,
are using technology and promoting innovation to run the administration and service the citizens, improve processes, control bureaucracy, make decisions processes transparent where ever possible.
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www.oculus.com