TradeCred on Risks, Returns & Tax Liability of Invoice Discounting | Ft. Kunal Tekwani, Co-Founder

[@AssetYogi]

Join All-In-One Video Finance App here: vidfin.com/ Enjoy Free Access to select Financial Insights & 1st Chapter of all the courses. To invest in Invoice Discounting, open your account here: bitly.com/tradecred

[@BRIGHTEDGE7]

Who is Regulatory body of invoice Discounting...?

[@akshayanpat8093]

Ek hi last dout hai sir ji ...jb company paisa escrow account me dalta hai (icici bank ) me aayega tab uska paisa investor ke wallet me send karne ka kam kon karta hai ??! Icici bank ya tread cred ????

[@sekhonrupi]

These big sellers usually have credit accounts with much higher credit limits, Cant they use funds from there in case invoice payment is delayed?

[@sekhonrupi]

Instead of giving us 13%, why dont they take loan from bank at much lower interest rates?

[@pankajjkmunjal]

@@sekhonrupi I think bank might not lend them against an invoice and they would also need some mortgage.

[@1979arijitpaul]

Thanks for addressing my concerns.. But founder always tell u the bright side of his product. As it is a very good concept and we all r much eager to learn more about it pls bring some experts from finance sector like banking, CA, financial advisor etc.

[@kapoorsarthak]

+1

[@Ujjayanroy]

@@kapoorsarthak +1

[@Vdsomaiya]

Yes very right, pl interview a leading personality who is well versed of the nitty gritty of this type of business for benifits of all raw investor who are looking for greener pastures to earn healthy risk free returns.

[@Dugguanishandaarohi123]

Thank you Mukul Sir for putting your efforts for collating questions and asking directly to co founder...it really helps investors a lot🙏🙏🙏

[@AssetYogi]

It's my pleasure

[@jitendrak5596]

Thank you so much Mukul sir👍,. Actually investing ammount is high i. e. min rs 50000. Then if any one defaults , it will be big loss to common man. Thanks sir for clarifying

[@MrChaitanyadeep]

I genuinely appreciate ur sincerity Mukul jii, not just randomly endorsing something, u took th responsibility to clear viewer's apprehensions. Well personally il wait and watch for some default to happen and see how efficiently these guys handle such situations, before investing my hard earned money, as volatile markets /interest rate risk are temporary but credit risk is permanent. Thank you

[@mradu30singh]

Stay away. They are trying to move their liability to the shoulders of common persons. Who dont know how to put case in highcourt. Who will fight with these big companies and portals in courts. No other mechanics is there which will protect buyers.

[@kumaravy5170]

सीधी सी बात है जब कोई रेगुलेटर नहीं तो इन्वेस्ट नहीं

[@anandmishra5582]

If the vendor/buyer defaults then only risk mitigation option is SPDC ( Security post dated cheques)..but jo default karta h uska bank a/c bhi khaali hota h.. Isliy i feel third party insurance company ko laana chaiyee for all invoice discounting platforms..In case of default by buyer the insurance company will pay investor on maturity & take up the case to court for its own bharpaii ( loss-cover).

[@anandmishra5582]

If this happens it will become the most lucrative investment...even more than stocks/mutual funds.

[@mohanraut4399]

very good details, just that since there is NO default, does not help future saves and there does not seem absolute safety...."trade cred has capability to do legal cases...etc.." but there is NO strong assurance..that money is save, thanks both of you.

[@THRIFTY-BULL]

one stop channel for all truth info..Thanks Asset Yogi Ji :)

[@vinodbpatil]

Thanks to both of you.... Clear all quarry.... Lets start.. 🙏🙏

[@AbdulRehman-jn6we]

Please make a video on how to read balance sheets, cash flows, profit & loss and valuation.

[@dushyant_luckmakesurlife]

Great Request... Abdul

[@manishmishra2480]

you can check finnovation vedio on balance sheet its perfect.

[@mohitduggal4252]

Never ask a barber if i need a haircut or not.

[@pankajjkmunjal]

And Such investing should be done if you have completely spare money.

[@vigneshwarbhat1337]

Correct He will convince you for haircut

[@rajm8682]

@@vigneshwarbhat1337 even if you r bald ;)

[@rajm8682]

@@pankajjkmunjal bitcoin and ye barabar

[@nishantchoubey7685]

Well let me tell you I had barber who always used to tell me now I not the right time for a haircut.

[@bilalroshanTESR]

co founder said there is no default till now that is actually good and bad things both. If somebody defaults tradecred has no experience of dealing with it, so they also exactly don't know how to proceed as they are doing it for the first time and nobody knows what will be consequences and this guy saying he will go to court if amazing defaults they can hire good lawyers than trade cred and drag this case in court for years and till then investors money will be stuck.

[@ameyakulkarni2563]

Thanks Mukul for the superb info ...really value adding interview .thanks Kunal. Good luck

[@AssetYogi]

Hope you like this video Ameya :)

[@bipinyadav3996]

T&C on the App says that the user is liable to pay annual charges. 2nd You can't close account without a written application, which means uninstalling app doesn't mean user is off the liabilities. Please read the T&C before signing.

[@krrishkrrish3668]

very good q and a. very nicley soft spoken and answered coolly

[@AssetYogi]

Glad you enjoyed it!

[@thakurtimmy8624]

Bhut khubh dahnyabadh 😊👌✌

[@KiddoSurgeon_DrAR]

Wonderful myth buster session! Thanks Mukul & Kunal!

[@Sandeep147y]

Great Efforts Mukul ji, Thanks a Lot.

[@kiranzende8702]

Thank you so much Mukul sir for this extended video.. This has clarified all queries now.. have a nice weekend.

[@AssetYogi]

You are most welcome

[@kishanpanchal6884]

@@AssetYogi i can't upload my pancard on tradecred What's the exact reason behind for this ? I twice scanned in scanner and also scan in camscnner and tried to upload but they show upload unsuccessful nd try again Now what to do ?

[@backlight6717]

Sir...last wala question Ka answer samaj Nahin aaya.. Agar tredcred Nahin raha..toa redeem option hi Nahin hoga...toa hum bina redeem ke paise kaise payenge? Local icici brunch main jaake bolenge TOA definitely uska manager Nahin sunega. Other brunch ki problem Nahin sunte toa alag platform (tredcred) ki problem kya sunega 😂 Please isska solution bataiyen Sir. Thank you in advance.❤️🙏

[@FundStory]

Exactly, he has half answers for most queries. he didn't answer why rating of App is low. He said they can go to court but didn't say they will go to court.

[@backlight6717]

@@FundStory yeah..not default yet. That's also a great sign and thanks to god or team of tradecrade or buyers- sellers whatever. But is it happen anytime in near future, Is it reliable that tradecread take legal action against defaulter/(s) for 1 bill or 0.001% invester? If answer is 'YES',Then I will say it's not a earning platform, it's a family friend also. And if the answer is 'NO',what I can say- irresponsible. And we are worried because it is not about 1k-2k rupees, it's about more than 50k to 4-5 lakhs rupees. And it's a huge amount for a middle class family.

[@shrikant1989ful]

Escrow account ka access investor ke paas rehega. To seller escrow account me paise dalega aur investor nikalega

[@harshareddy3248]

Covered almost all the queries nice q and a sir😍❤️ . Just now my account got approved thanks team trade cred but it's taking a lot of time to approve . I suggest them to make the process faster.

[@cmlkgoogle1523]

can you see any deals

[@imxmen1]

Don't know why people dislike this most informative video

[@prakashrawat924]

I think somewhere Co funder isn't so confident about their answers he might trying to resist himself to come out openly Though the concept of investment is very good and next level but it comes with lots of risk and complexity

[@kfintax1280]

There must be a regulatory authority. Otherwise.......

[@rahulsolankib]

This is typical IT guy probs😜

[@pradeepkumarmoghe4551]

Simple rule. Higher the returns - higher the risks. That's why MF managers / investment bankers not doing. I asked my Relationship managers of icici/HDFC banks.

[@narendrajoshi6147]

Mr mukul case study is clear & 100% transperent

[@AssetYogi]

Thanks Narendra

[@hsvirdi29]

Sry sir mai live session attent nahi kar paya, but mere kuch query hai, 1. Agar tradecred ki website hack ho jay ya kabhi khulehi na tab hume details kahan se milenge claim karne ke liye. 2. Sara fund ICICI bank ke account me aata hai or wallet website pe amount sirf reflect karti hai matlab ki pure invester ka paisa 1 hi account me hai unko koi intt. Nahi milega agar wo wallet me 6month pada rahe. 3. No regulatory means aapne bina security invest kar diya hai koi responsible person nahi hoga. Please cleae my query for safe investing. Thanks you

[@ayanbhattacharjee2921]

Mukul sir is the best financial advisor..😊

[@AssetYogi]

Keep learning

[@CoolDudeMayur]

The most trusted and recommended channel to learn about investing. Sir, I just started earning and soon I will implement the knowledge gained through your videos.

[@AssetYogi]

Glad to hear that, keep learning :)

[@rakhisvlog862]

It seems some answers fail to inspire confidence. Nevertheless, it was a good session.

[@Raja-up6yv]

Thanks Mr. Mukul ! You are a genuine teacher ! 💐💐💐💐💐

[@AssetYogi]

Thanks and welcome

[@piyushkumar2437]

Nicely captured all doubts in the video...Great work thanks👍👍

[@ashishtiwari1767]

Thanks mukul sir to solve our queries tradecred related.

[@AssetYogi]

Hope you like this video

[@AnandKumar-ci3jv]

What's your opinion about investing in invoice discount ..,.?

[@arvindrawat4661]

Sir excellent questioning

[@AssetYogi]

Keep watching

[@deepakarya7929]

Both persons were quite honest in their talks nothing hidden 🙂🙏

[@omniojas]

yes that was good but security of money is not up to the mark

[@Void_from_Abyss]

@@omniojas yea

[@sikandarprajapati908]

Thank you sir itne sare answer ke liiye

[@sachinkavade3435]

Thanks Mukul for the excellent info ...really value adding interview.

[@AssetYogi]

My pleasure

[@rohansivon]

Thank you for this video. It clarifies a lot of information.

[@karanbhasin9746]

Thank you Mukul Sir for this video🙏

[@AssetYogi]

Always welcome

[@sahilaghi3]

Thank you sir for making such videos was informative . Looking forward for more such videos for investment options

[@AssetYogi]

Keep watching

[@6gb_aditya767]

Cleared all my doubts,very informative video sir 👍

[@AssetYogi]

Thanks

[@281ankur]

Thanks Mukulji, helpful conversation.

[@navneet2649]

Sir ur questions were upto our expectations but co founders answers were not! Thank u sir 🙏❤️

[@gopeshpandey3557]

Is the 12 to 13 percentage return is for 3 to 4 months or annual rate of interest? Please take up my question.

[@vaibhavsomani283]

Annual

[@pradeep2kedar]

Bhai 1 year always.. kahin bhi % dekho, samjh jana 1 year

[@AssetYogi]

It's annual

[@vigneshwarbhat1337]

When I calculated returns it is 2-3% returns annual

[@nitsuryawanshi1487]

Thank you so much Aseet yogi for this wonderful video 👍👍

[@AssetYogi]

Most welcome 😊

[@himanshuagrawal7367]

What is TradeCred Prime Guarantee ? Can anyone pls tell. Thanks in advance

[@AD.033]

Very nice conversation to clear the doubts.👍

[@AssetYogi]

Glad you liked it

[@AmandeepSingh-ds6ns]

Security of investment is not so solid according to the answers received 🧐

[@MrChaitanyadeep]

somehow the guest was looking so reluctant, uninterested & uneasy throughout the session.

[@mahnarayan2185]

Absolutely risky since no regulations. It's not guaranteed that vendors from top company like Amazon will not default

[@jatinmalik9370]

Yeah..seem like a ponzi scheme where he will run with all the money

[@osamasiddiqui2847]

Can you create smallcases consisting of growing stocks with different minimum investment amount and track them with us?

[@mukeshmohanty4001]

Trade Cred co-founder taking risk quiet lightly, as this asset is not under regulations, he should be more clear about the steps of recovering money, filing a case in high court is not a solution n money will be stuck during this period. Moral of the story: STAY AWAY UNTILL IT COMES UNDER REGULATOR And watch scam 1992 😂

[@omniojas]

exactly, just legal procedure is not enough especially in our country

[@AbdulAziz-xr5xd]

Totally agree with u

[@rohitpuranikratlami]

seems fishy

[@heemabansal2683]

@@raviahuja549 shocking 🙄😳😲

[@cool12305]

@@raviahuja549 Can you explain how?

[@vipinraturi5089]

@ Asset Yogi: Thanks for uploading such content, i really appreciate the finacial wisdom you share with the larger community. i have a question in regards to Tradecred investment. Wouldn't investing in a savings account like IDFC at 4% be better than investing in Tradecred deals, which offer only 2 to 2.5% growth? Although the Internal Rate of Return (IRR) can be deceptive, such as when investing for 90 days in an Amazon deal where the IRR shows 10%, in reality, one is earning only 2.4%. ( investment amount Rs 2.5 lacs and maturity amount would be Rs 2.56 lacs only)

[@VPsworld]

Thank you very much Mukul sir :)

[@AssetYogi]

Always welcome

[@himanshushrimali6807]

Thank you much sir for investment videos and you do very good work for our better future for and help for us❤ you are my inspiration sir 😊

[@AssetYogi]

Keep learning Himanshu :)

[@studythebest7898]

Excellent questions sir

[@JigneshGoswami]

Very good attempt, Thank you

[@aakashshriwas3766]

Very knowledgeable video 🙏🙏🙏🙏🙏

[@AssetYogi]

Thanks a lot

[@upendrasinhmahida6375]

Excellent info

[@001vgupta]

Nice discussions.

[@AssetYogi]

Thanks Vivek.

[@nishantarora233]

Very nice video this time

[@AssetYogi]

Thanks

[@santoshkumargupta1694]

Too Risky main khud invest kiya tha default to nahi huva but repayment delayed by approx 15 Days.

[@ravindramalangner4724]

Thank you sir, Good and sensible questions..

[@brajveersirohi35]

Thank you very knowledgeable 👍👍

[@AssetYogi]

My pleasure

[@bharatthakur8248]

Fixed return not giving as per deal if we invest in any invoice. I checked it's showing 12% but actual return showing 2 to 3% at our invested money.

[@anurag5851]

12% is per annum, in 3 months u get 3% , which a quarter of 12

[@InvestBeast]

very nice video. In this video you clear all investors doubts. well done brother.

[@AssetYogi]

Thanks :)

[@p.d.3187]

Good video but inka customer care No hai kya sir

[@gaurangsub]

Thank you Mukul 🙏🏻

[@skyhigh2118]

With markets peaking and being extremely volatile, this is the aboslute best platform to invest, in the present times.

[@jayrojdiya4360]

Thnx sir...for this q&a👍

[@pranayawadhut26]

As a retailer myself and many people like me don't want to take risk of 1 lakh rs. to earn 1 thousand rs. a month. If trade-cred provides a bank guarantee to its customers then the customers will be sure about safety of their money along with interest.

[@BharatPalJadaun]

Thanks sir for answering our queries in such a short span of time.

[@damodarrawool5107]

👌👌 Most of the doubts cleared

[@primaryschoolbesandiasotha9273]

Really thanku sir 😊

[@AssetYogi]

Most welcome

[@sardarsinhjadav7560]

Very good work sir 👍

[@AssetYogi]

Thanks a lot

[@dhananjaykhamkar4289]

Good comments

[@revolutionindiab7390]

Good Night 🌷

[@mohakgoelmay21]

I had one important question regarding this. Let's suppose I invest 1 lakh rupees today, to hume interest aaj se lekar duration of the deal tk ka interest rate milega(i.e. maturity date tk ka) ya fir deal jb 100% fund ho jayegi to us din se lekar maturity date tk ka?

[@osamasiddiqui2847]

Can you create a video showing how compunding is affected when we change stocks in our portfolio?

[@AbdulRehman-jn6we]

If a person falls in 30% income tax slab, then this may not be such good investment. Such persons should invest via their non-earning family member, so that tax can be avoided or kept minimal

[@Void_from_Abyss]

Agreed 💯 Abdul you are intelligent 👍

[@shivammishra-gw6dv]

Very nice video and tough questions, great seasion

[@AssetYogi]

Hope it's helpful

[@DeepakSingh-u3d9w]

@AssetYogi Sir, how is your TradeCred experience after 3 years. Asking because it takes some time to understand a company and its workings. Every new company promised good deals and look promising when in initaial stages. But as companies mature, consumers like us have to face many issues. I have heard about some financial issues with TradeCred in some other youtube channels. But as they are not big channel like yours so can't decide if they are as experienced as you in this field. So I want your take on TradeCred now, like if it is a good investment option now?

[@drpallab]

Good Job, Quality Q &A...

[@AssetYogi]

Thank you!

[@reviewofacommonman]

Let's start

[@वायलेंटसेंट]

Thank you 😊

[@AssetYogi]

You're welcome 😊

[@ganeshbwaghmare]

As a investor konse points mujhe check karane chahiye in invoice discounting please explain in detail

[@rajanchauhan8140]

Thanks a lot for clarification 😇

[@AssetYogi]

My pleasure 😊

[@aashishagarwal3628]

I was thinking of investing via tradecred but seeing this interview I am not sure.

[@pathakarvindash7080]

__+_1_2_0_9_7_3_2_0_3_4_2__

[@pathakarvindash7080]

Text him directly on whatsapp for guidance a professional trader

[@LalitPatilcasper]

Thank you for hearing out the genuine concerns! :)

[@AssetYogi]

Our pleasure!

[@8-80sabaisekhun]

Retailers will invest their hard earned money and in case of default..need to go court it's not risk mitigation .it's pure gamble like you won't even get any money . For now 12%club seems better investment. When question asked only one line is repeated still no defaults ... they are not regulated ...no proper planning for risk mitigation

[@rajani6023]

Very nice work

[@lakhanlalmalilakhan1844]

Kya iske liye current A/C Hona jarury h

[@InvestBeast]

nahi bulkul nahi Lakhan bhai

[@Void_from_Abyss]

No, Only saving account

[@akhilmj5515]

Thank you

[@AssetYogi]

You're welcome

[@sudarshandas195]

Do I need to mention my earnings in ITR in case I haven't withdrawn any amount and all my earnings are still in my wallet ?

[@jonnyjonny3304]

Thank you sir 😀😀😀

[@AssetYogi]

Most welcome

[@pthube]

Thank you for doing this vedio

[@AssetYogi]

It's my pleasure

[@nageshk1985]

I have worst experience with tredcred. Upi payment faillef during wallet top up and its not credited to either bank or wallet even after 5days..Becarefull guys..

[@shrinivaspatil299]

I think Stocks are always better 🔥

[@InvestBeast]

👍

[@Void_from_Abyss]

🔥🔥👍👍

[@spj786]

An honest interview

[@AssetYogi]

Thanks :)

[@jasssingh6727]

@@AssetYogi sir y did u not give answers to the negative comments other than positive ones 🙄

[@Void_from_Abyss]

@@jasssingh6727 what are nagative comment questioning Can you tell me some!???

[@madhavagrawal322]

Sir what about the partnership with trade cred?

[@honestreviews5507]

Very nice. helpfull

[@AssetYogi]

Glad to hear that

[@kuldeepthakur5192]

Sir me ko 4 question puchnq hai ap ke sath live kese add hoge plse

[@gopeshpandey3557]

Please also throw some light on the regulatory body behind invoice discounting.