Nihit Kshatriya

Nihit
Kshatriya

Engineer, turned MBA, turned Salesman, turned Data Scientist, turned Entrepreneur, and finally found home in asset management. A yellow brick in a red wall. Dad to a lovely girl.

About

Capitalmind Mutual FundHead - Investor Relations
2024
Very few people get to build a function before the first client walks in, and I got that chance here. The entrepreneur in me came alive again for the hustle, energy and chaos it brings.
Prayaas PharmacyFounder
2017
What Mark Cuban is doing with Cost Plus Drugs in the US, we were doing in Vadodara. We dispense the cheapest brand for whatever drug you're prescribed. Retail facing, a chain of physical stores, built a muscle in me that helps me understand the Indian consumer.
The Nielsen CompanyData Scientist
2013
Spent four years as a data scientist on a million-dollar FMCG account, mostly turning messy consumer data into beautiful excel sheets (not PPTs). Nielsen picked 8 of us out of 108 countries for a leadership programme in Chicago, which opened up my perspectives like never before.
Usha InternationalManagement Trainee
2012
Recruited out of Ahmedabad, put through a management trainee program in Delhi, and then posted to rural Orissa to sell white goods. Unconventional, uncomfortable, ride of my life :)
Nirma UniversityMasters in Business Administration (MBA)
2012
Those were the days an MBA after engineering was basically compulsory, so here I was. Best thing that happened to me at Nirma was meeting my wife — not sure she'd say the same about me.
Sardar Patel UniversityB.Tech – Information Technology
2010
Yes, I'm an engineer. How else do you think I ended up with a career graph this versatile: white goods in rural India, then data science, then pharma retail, then asset management.
St. Xaviers High School
2006
A school in the foothills of Bhujiyo Hill, a basketball court, and friends for life. Like everyone else, this place is what made me.

Right now

Head - Investor Relations, Capitalmind Mutual Fund

I look after Investor Relations at Capitalmind Mutual Fund, a new-age asset management company built on evidence-based investing, technology, and a genuinely customer-first approach.

People hand us money they spent years earning, on the belief that we'll be honest with them and careful with it. That trust is the core of the asset-management business, and it's the thing we try to earn every single day.

That's how I'd want my own money looked after. It's why I believe in what we're building here.

Books

Books that I have thoroughly enjoyed reading and that have shaped how I understand the world around me.

Shoe Dog
Phil Knight
Fascinating story of pace, scale and ambition behind building Nike. As you read, you can't miss the undercurrent of constant hustle even when the company scaled heights.
The Key Man
Simon Clark & Will Louch
It made me believe in the power of delusion to scale heights and also how the same delusion can make you fall hard. Unputdownable.
The Money Trap
Alok Sama
Truly gripping storytelling and a peek into the world of Masa (Softbank). Unreal to see billion-dollar decisions made on instinct and $5,000 bottles of La Tâche.
One Up On Wall Street
Peter Lynch
Lynch taught me that I can probably spot a good business if I observe carefully in my daily life. Changed what I look at when I visit a store or a shopping mall.
Money Wise
Deepak Shenoy
Reads as lucid as Deepak talks, so you'll finish it in one go. The idea that stuck with me: get rich at your day job, markets are for staying ahead of inflation. I do remind him about it in appraisal season ;)
Flash Crash
Liam Vaughan
A man trading from his parents' bedroom crashed the market for a micro-second and sent ripples across the world. Made a killing and then lost most of his own money to garden-variety con men.
Flash Boys
Michael Lewis
Reads like a Netflix thriller. Someone drilled a cable through land & mountains to save milliseconds on a trade order. A true story and made me realize how the real edge in trading is technology (not information).
Outlive
Peter Attia
Attia makes a hard-to-argue case for exercising right now for the body you want when you turn eighty. I need to start doing enough on the fitness part. Staring at stock tickers never made anyone healthier.
Never Split the Difference
Chris Voss
I love this book because I agree to all the tactics and psychological hacks it teaches. But, I have never been able to follow any one of them. Behaviour is hormonal, can't be trained beyond a point.
Freakonomics
Steven D. Levitt & Stephen J. Dubner
Taught me to ask the right questions, develop second order thinking and spot unintended consequences. Whenever I read it again, I realize something new.
Fooled by Randomness
Nassim Nicholas Taleb
Taleb makes you suspicious of everything, including yourself. Helps you embrace uncertainty or is basically saying "sab likha hua hai".

Strong Values, Loosely Held

Play long-term games with long-term people.

Naval Ravikant

People will forget what you said. People will forget what you did. But people will never forget how you made them feel.

Maya Angelou

Diversification is the only free lunch in investing.

Harry Markowitz

If you can reduce your risk without reducing your return, that is the Holy Grail of Investing.

Ray Dalio

You can't do the same things others do and expect to outperform.

Howard Marks

In God we trust; all others must bring data.

W. Edwards Deming

The first principle is that you must not fool yourself — and you are the easiest person to fool.

Richard Feynman

Writings

I write to clear my head. Some of it turns out to make more sense than I expected.

Win At Life Newsletter — Capitalmind

Over 5 years, this newsletter has served investing insights, education, and links to best reads from across the internet. Goes out to 60k+ subscribers every week.

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The Race to Be Happy

My 20-year-old cousin once asked if I was happy at 35. I found the answer watching a Formula 1 race and that was some moment.

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