I will say beware extra from people and their suggestions who say last year we or our mutual funds returned this much return, did you have it? It’s foolish to judge a fund by last 6 month or 1 year performance, true performance comes out in 5-10 year period, and it’s perfectly possible quant might be a good fund, but we don’t know it yet. I will repeat again, don’t follow funds who performed last year well. Most returns normalise on longer period – check this interesting research by ETMONEY – x.com.

I say for starters, you can consider investing in NIFTY500 Index fund. In that meanwhile, read more, and when you understand, then try investing in other MFs. How much allocation to equity depends on your risk appetite, and articles shared above can be useful.

I have been proved wrong in the past, my growth estimates were too conservative and the company have surpassed them. Going forward, I think the investors expect 50% annual compounded growth in Indri alone, so 10X in 5-6 years making it a millionaire brand. By the way, if this has to happen the bulk of the growth will have to come from the international market, not just domestic market. Also note that this is just Indri’s growth expectations, not including Camikara rum or any other new brands which will be launched.

If the company meets the growth expectations then the stock price growth should be front loaded, say 5X in 2-3 years. On the other hand if there is any slightest slip up in growth, then the scrip will be punished.

Banks/card network may not comfortable to deal with too many airport operators as most of the power would be the airport operator.

In the current scenario banks need to deal with 1 or 2 major aggregators and the power is with the banks.