Indian investing, explained without the sales fog.
Paisa Vaisa with Anupam Gupta treats money decisions as questions worth slowing down for. Across conversations on equities, private credit, REITs, insurance, retirement, and investing beyond India, it translates market vocabulary into the everyday doubts of Indian investors.
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Paisa Vaisa with Anupam Gupta works best as a translator between India’s financial industry and the serious investor. It is not a tips show. The format is usually a careful interview, with Anupam Gupta setting up the problem, nudging at the confusion, and then letting a specialist build the answer in detail. Recent episodes range across private credit, long-term equity investing, US stocks for Indian portfolios, REITs, culture in quality investing, PMS versus mutual funds, multi-asset funds, ULIPs, annuities, pensions, and retirement planning. The show is comfortable with complexity. It asks what a product is, who it is for, how it is sold, what it costs, and what can go wrong when investors chase returns without reading the structure underneath. That makes it useful for listeners who already know the language of SIPs, fixed deposits, debt funds, expense ratios, and asset allocation, but still want a second layer of judgment. The tone is warm and conversational. The questions can wander a little, in a productive way, through market history, founder journeys, fund-manager habits, tax rules, and ordinary investor behavior. A discussion of private credit becomes a lesson in how institutional products move toward family offices and other investors. A conversation on REITs turns property ownership into questions of liquidity, returns, hidden costs, and access. A retirement episode slows down the sales language around insurance-linked products and pushes toward disclosure, charges, and the habit of reading the dotted line. Equities are treated with respect, but not romance. Guests return often to patience, fundamentals, volatility, fear, greed, and the limits of backward-looking returns. There is room for friendly banter, especially with familiar guests, but the show’s center of gravity stays analytical. It helps listeners separate product design from product marketing. It also captures the Indian investing moment, where mutual funds, AIFs, startup platforms, global equities, and insurance distribution all compete for household money. The show is strongest when a topic has become fashionable and needs slower examination. Promotional reads and network sign-offs can appear around the main material. The editorial substance remains practical: understand the instrument, understand the risk, and do not mistake access for suitability.
Made for: For Indian investors, HNIs, finance-curious professionals, and long-term savers who want patient explanations before choosing funds, insurance products, real estate alternatives, or global exposure.
What sets it apart: The show combines market fluency with everyday investor skepticism, using interviews to test costs, risk, suitability, and behavior rather than simply celebrating new products.
Paisa Vaisa is India's premier podcast on personal finance, boasting over 4 million downloads, featuring over 200 hours of insightful content and discussions, hosting more than 250 guests, and presenting a wealth of knowledge through over 450 episodes. Since 2017, Paisa Vaisa hosts experts from mutual funds, stocks, real estate, loans, education financing, insurance, and much more. It has recently introduced a sub-series offering valuable insights in businesses and entrepreneurship.You can catch this podcast on YouTube 'Paisa Vaisa with Anupam Gupta' or find it on top audio streaming platforms like Apple Podcasts, Spotify, Amazon Music, Google Podcasts, JioSaavn, Gaana, and others.
Based on 6 episodes we listened to · September 2026
Paisa Vaisa turns Indian financial products, market structures and institutional expertise into practical questions about risk, cost and investor fit.
Anupam Gupta builds Paisa Vaisa around detailed guest conversations that take financial products and institutions past their labels and into mechanics, incentives and risk.
From bond ratings to policy charges, Anupam Gupta gives your fine print a workout.
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Short reviews from the PlayNext desk, based on the episodes we processed.
A clear map of private credit as it moved from institutions to family offices and HNIs.
Private credit is presented as a practical market story, with Shantanu Sahay situating ASK Alternates inside a wider group and tracing how a space once dominated by institutions has opened up to family offices and HNIs.
A grounded look at Indian markets, SIPs, and why issuance now matters more than ever.
The episode keeps its focus on the mechanics of Indian equities: how SIPs work in practice, how issuance and M&A shape the market, and how investor demand feeds back into the same loop.
Deepak Shenoy links fund choice to tax treatment, portfolio design, and the investor's own response to volatility.
Deepak Shenoy's conversation treats fund choice as a practical tradeoff rather than a label-matching exercise. Speaking from Capital Mind, he explains why an arbitrage fund may fit someone looking for debt-fund-like returns while carrying better tax treatment than a multi-asset…
Retirement planning leads into ULIP costs, insurance distribution, and the discipline of reading the dotted line.
Retirement planning opens into a clear look at how insurance products are sold, priced, and explained. Anupam Gupta's conversation with Sameep Singh, Business Unit Head for the Domestic Investment Business at policybazaar.com, traces Policy Bazaar's 2007-2008 start as an online…
A grounded primer on why credit ratings matter before investors consider bonds or debt mutual funds.
Credit ratings can look like a small detail on a fact sheet, but this episode treats them as part of a wider institutional and economic system.
A grounded look at how Indian homes turn consumer research into packaging choices.
Consumer research becomes a kitchen-floor question as Sheetal Choksi of Unpack Research explains how packaging choices are shaped by the way people actually buy, store, and use products.
A measured episode on Jhunjhunwala's investing through Chrysil, acquisitions and professional discipline.
Rakesh Jhunjhunwala's investing is viewed through the companies and decisions around him, with Chrysil at the center. The episode follows the firm's push beyond ratings into information and research services, linking that shift to the cash it had built up and the acquisitions…
BBC's daily business show, from toy-industry founders to Anthropic's Pentagon standoff.
Anupam Gupta hosts Nandini Vijayaraghavan, author of 'Rare Investing the Rakesh Jhunjhunwala Way', to discuss the legendary investor's life and strategies.
Anupam Gupta hosts Sheetal Choksi, founder of Unpack Research, to explore the Indian consumer research industry.
Srikanth Subramanian, Ionic Wealth’s co-founder and CEO, tells Anupam Gupta that wealth advice depends on “comfort” and “competence,” not product pitches alone.
Private credit gets its turn.
Anupam Gupta discusses his career in financial services, his role at Fidelis Capital, and his side work translating Tamil literature to English.
An experienced fund manager shares key investing lessons from 20 years in the market, emphasizing fundamentals and patience as crucial virtues.
This episode features an interview with Vasanth Kamath discussing why Indian investors should include US stocks in their portfolios and sharing insights from his journey as a co-founder of Smallcase.
This episode discusses REITs as an alternative to direct property ownership, covering their benefits like liquidity and returns, with insights from a CFO of Mindspace Business Park.
Anupam Gupta sits down with Nitin Bhasin of Ambit for a broad market conversation.
Anupam Gupta welcomes Deepak Shenoy of Capital Mind back to Pesa Pesa for a grounded conversation on PMS, mutual funds, and the tax questions sitting behind that choice.
["Paisa Vaisa with Anupam Gupta asks Sameep from PolicyBazaar how much money someone needs to retire at 50, not just how to keep doing SIPs.", "Sameep says most Indians plan only 1-3 years ahead, while longevity, medical inflation, and smaller nuclear families force a much longer horizon.", "He compares ULIPs, guaranteed return plans, annuities, and pension ULIPs, using specific examples like a 2.25% ULIP charge cap and 6-6.5% annuity income.", "Anupam repeatedly pushes on mis-selling, PolicyBazaar's recorded calls, and the difference between accumulating money in your 20s and replacing income after 65."]
["Sachin Gupta, CareEdge Ratings' Chief Ratings Officer, tells Anupam Gupta that the firm rates about 5,000 companies across India and uses those ratings to judge default risk.", "He explains that a credit rating runs from AAA to D, and that the process weighs industry risk, financial leverage, and management quality rather than giving a general company report.", "Sachin says the biggest safeguards against conflict are a Chinese wall between business development and analysts, SEBI and RBI oversight, and public ratings that remain visible after issuance.", "In the macro section, he says India's debt-protection backdrop is the strongest he has seen, while small NBFCs, MFIs, textiles, gems and jewellery, and export-linked businesses face the clearest stress."]
A fund manager shares insights on the psychological trap of selling stocks, emphasizing the importance of respecting the market and managing emotions during both successful and challenging times in a 17-18 year career.
This episode introduces Moti Laal Oswal and its seven business segments, including retail brokerage, institutional broking, asset management, and private wealth, as part of a discussion on active versus passive investing in Indian markets.
This episode features an interview with B.S.
This episode features an interview with Sanjay Dutt, exploring his 30-year career in Indian real estate, including market cycles, personal transitions from logistics to high-value business, and industry evolution since the 1980s.