Yes, you did. You said"Shocked to know" I know I don’t have a PHD English lit but, that sure as hell sounds like putting someone down or written with an intent to defame. You didn’t say. Kuvera is free but you would “Shocked to know” they make money in marketing fees from the AMC’s.
Comparing Kuvera’s VC funded model to that of Google and Facebook’s initial days is like comparing Meryl Streep to Poonam Pandey, not the same. If you would have listed some Fintech’s, that would have been a whole new conversation. Let me give you examples, Betterment, Wealthfront and even India’s own smallcase, all have raised money and all have some revenue models.
You said financial crimes are possible but Kuvera won’t do it. How can you be sure?
Sir, costs matter and so do returns. Now I have no idea what you insinuated when you bought up Kotak fund.
Insinuation 1 - Kotak paid Zerodha money to promote. Here’s the result
Insinuation 2- Zerodha doesn’t give a shit about investor interests and they are promoting an inferior fund
Insinuation 3- Index funds have performed better than Kotak with low costs. No matter what, I see that it hasn’t made a difference.
Ahem,
In India, we don’t have fiduciary duty laws. What’s the difference between Coin listing some funds and Kuvera recommending some funds? If they don’t perform, it’s not like investors have recourse in either of the scenarios.
I am because, I’ve seen guys like you here, Reddit and Quora blatantly painting other platforms in a bad light while openly being promotional. What are you guys messiahs for investors in India.
No I don’t. You know why? it is for this exact reason. People are smart and they’ll figure out shit for themsleves. They don’t need salesmen in this day and age.
I am because you are. If you do it on your FB profile or twitter handle, then that’s different. But when you do it on a moderated forum like this then, criticism is fair game.
Disclosure: I use Zerodha for both stocks and MFs and I don’t mind paying 50 bucks.