“Transforming Investment into powerful process that can impact generations”
CA Rajeev Ranjan, Founder of Brighter Mind, has started his professional journey in the year 1998. As a practicing chartered accountant, he contributed to the growth of companies in the area of business planning, MIS, company restructuring and domains other than finance. He has experienced the equity market as an investor and came across multiple market cycles during the last 23 years. His vast experience in the market as a practitioner helped him in becoming a guiding light during the due course while being a CA in practice. Observing the market across different cycles, he developed the understanding that creating wealth requires a process driven approach and behavioural discipline. It is much deeper than merely understanding the financial statements, economic data and macro trends. Creating an equity portfolio for wealth creation requires proper understanding of business models and their fragility and sticking through the entire journey of the companies during their growth phase and paying the right valuation and having a significant margin of safety.
While being in practice, he observed that investors generally depend on the information from various sources like media and social groups for picking-up the stocks for their investments decisions. Investing into right companies at right valuation requires a very specialised skill-set. Moreover, one needs to have active tracking of invested companies to see the developments of the companies and act accordingly. Therefore, managing the equity portfolio cannot be a part time job and thus one needs a good investment advisor or fund manager to guide on the right path .
While looking at the investment market scenario, there is high focus on High-Net-worth individuals and corporates by the investment advisors and fund managers community and the retail segment is often ignored. This creates a gap where retail investors do not have reach and access to the good investment advisor or fund manager for managing their equity investment portfolio.India is going through financialisation and formalization of the economy. A lot of savings are coming to financial assets and this creates a need for good investment advisors as a guide. Due to various gaps, mis-selling of investment products makes people lose faith and trust. People take short term speculation and hearsay as investments and have bitter experiences. In-the process they miss the wealth creating opportunities in the equity market.
Brighter Mind believes that If one is able to look at stocks as a company in the background and not merely a paper stock and has an owner mindset while doing investment, it creates a huge difference in the wealth creation journey of an individual. Financialisation of the economy leads to a vibrant equity market which in-turn leads to better access of capital to businesses and overall playing a vital role in the growth of the economy and country. Its Brighter Mind vision to play an honest role as a trusted investment advisor in bridging the gap and creating awareness towards long term investing and contributing towards the economy at large.