Deepak Shenoy, Founder and CEO of Capitalmind Mutual Fund, has generated significant social media attention with his investment philosophy discussion on X. According to reports from Mint, Shenoy's post has garnered more than 65,000 views, highlighting the widespread interest in systematic investment approaches. Social media users responded positively to his advice, with one user noting that 'Part 3- I need to be reminded of this every day' and another comparing SIP to democracy, stating it's 'better than any other form of investing for a person with a regular income'. One user emphasized the security aspect, stating 'the sense of security that comes with having money saved far outweighs the joy of spending it' and noting that 'once a person has experienced that feeling, there's no going back'.
As reported by Mint, Shenoy highlighted that monthly SIP investments have now reached ₹31,000 crore nationally. He explained that the primary reason for monthly SIPs is 'most of us earn money monthly. End of story. You earn, you spend, you save, you invest'. Shenoy emphasized that SIPs help individuals invest first and spend only what remains afterwards, creating 'forced investing' that builds wealth over time. According to his analysis, this disciplined approach ensures money is invested before being spent, ultimately helping people build wealth for later years. He noted that 'you invest first and spend later, usually. So you end up spending only what's left with you, and that 'forced' investing of sorts helps you build wealth for later'. Shenoy argued that the primary benefit wasn't actually price averaging, contrary to popular belief.
According to Shenoy's analysis reported by Mint, both SIPs and lump-sum investing can work effectively, depending on individual circumstances. He noted that 'some months you will have way more money, and some you will be on kadki mode', making lump-sum investing suitable for those with disciplined saving habits. Shenoy emphasized that 'early investing gains come primarily from savings themselves' while growth from returns becomes significant only in later years. He stressed that 'building wealth isn't the goal, really, for you' and explained that wealth is part of a three-part story: saving and investing money, money growing through returns, and spending the money. As per Mint, Shenoy believes people mustn't forget this crucial final step, stating that 'wealth would not define someone's overall life' and that 'life itself remains what truly matters most'.
As reported by Mint, Shenoy emphasized the importance of 'Part 3: You spend the money' in the wealth-building process. He warned against forgetting this crucial final step, stating that 'wealth would not define someone's overall life' and that 'life itself remains what truly matters most'. According to his advice, people must remember that 'SIP is a way to help you, but you have to do Part 3 all by yourself'. Social media users responded positively to this balance, with one noting that 'the sense of security that comes with having money saved far outweighs the joy of spending it' and another emphasizing that 'once a person has experienced that feeling, there's no going back'. One user praised Shenoy's articulation, stating 'you are driving home an extremely underrated point: we earn monthly, so SIP is a good route to invest. Otherwise, that money could get spent on useless things if there is no discipline'.
