We actually did better than we said!

We did well, we said, but it turns out we actually did a little bit better. It’s been an exceptional year for us at Capitalmind, in so many ways. And we end it with a little mistake in our December letter that we will sheepishly acknowledge.

We understated our returns a little, it turns out. We put the wrong numbers in our 1 year returns in the previous mail. Here’s what we actually did in our major portfolios:

In short, we outperformed in nearly all time frames, even more than we’d said last time.

Of course, this is a good year. We look forward to 2022, and while we don’t expect the indexes to be this kind, we hope to continue to beat them.

What a year for the portfolios, apart from the performance - Capitalmind now has four full floors at our HSR Layout office, and we also have a small office in Baroda. We end the year with nearly Rs. 670 cr. in management at the Capitalmind Wealth PMS, a 130% increase over 2020. We had our book launch in 2021 as well. We’ve expanded our team to more than 25, and we’ll fill the floors soon!

All of us at Capitalmind hope you will have much success and great health in the coming years. We wish you and your loved ones a very Happy New Year 2022!

Understatingly,

Deepak