[This is a message from Deepak Shenoy, CEO, Capitalmind to subscribers of Capitalmind Premium]

Hey Folks,

I am excited to share that we have received in-principle approval to launch our own Mutual Fund. Some of you may already know this, but what you might not know is that your contribution to Capitalmind’s journey has significantly helped us reach where we are today.

Thank you for your support over all these years! We’ve always believed that investing should be simple and focused on the long term. That’s how we started Capitalmind Premium 10 years ago, and it’s fascinating to see that our philosophy on investing remains unchanged.

A Mutual Fund product will help us further achieve this vision with even greater effectiveness. As we step into this new phase, we’ve come to the bittersweet realization that our Research services (Premium & Smallcase) will conflict with our asset management plans - and having three separate portfolio areas (MF, PMS, Premium/Smallcase) is not going to be feasible.

After careful consideration, we have decided to sunset our RA services, namely Premium and Smallcase, effective August 2025 and September 2025, respectively. That’s a full year away.

This means that nothing changes for a full year, allowing all investors to plan their investments. However, after one year, both the Premium and Smallcase products will no longer be available. But we will continue to push this brilliant community together, more on that later.

Next Steps:

1. New Subscriptions: We will stop onboarding new customers for Premium. No new subscriptions will be accepted after September 1st, 2024. We will stop accepting new subscriptions for smallcase as well very soon.
2. Capitalmind Premium: Existing users can continue renewing their subscriptions, with the end date fixed at August 31st, 2025. Pricing will be pro-rata, with the same renewal discount.
3. Continuity of Services: For the next year, all services will continue as usual. You will receive portfolio rebalances, quarterly updates, Slack access, blog posts, stock stories, videos, and more. Business will proceed as usual at Capitalmind Premium until the end of the subscription period, i.e., August 31st, 2025.

What Happens AFTER One Year?

• Portfolios: We will stop publishing rebalance updates after September 2025. You will have one year to plan the best course of action for the investments you’ve made based on our research and model portfolios.
• Blog Posts: We will stop publishing stock stories, sector coverage reports, and other RA-related content after September 2025. Until then, our research team will continue to work as usual.
• Slack: We deeply value this amazing community, and we don’t want to miss out on the incredible conversations we’ve had. Together, we’ll figure out a plan to continue the platform for all of you at the slack community after we sunset Premium services. This gives us a year. We’ll discuss this further as the end date of Premium service approaches, but do note that we value your inputs and contributions enormously and will help retain the camaraderie, the high quality, and the helpfulness as we evolve.
• Smallcase: New subscriptions will stop by 15th September and renewals will completely stop by September 30th, 2024. The Smallcase product will sunset on September 30th, 2025.

Essentially, the paid part of our services will go away. A free slack - but especially only for Capitalmind Premium slack members - will continue, to keep the conversations high on signal and low on noise.

Unfortunately, some good things must end. And new beginnings must happen. From an old Enoch Powell quote:

Thank you for being part of this 10+ year journey with Capitalmind. Our shared love for the markets brought us together on this platform, and we hope to have you with us in the next phase of our journey.

We’ll always cherish your contributions and the love you’ve shown in making Capitalmind what it is today—and what it will hopefully become in the future.

And remember, this isn’t a goodbye. We’re still here, just in a new avatar. :)

We would love to hear your thoughts as well. Please discuss here on slack or mail us and we’ll always be there to listen and improve!

Cheers,
Deepak with the Capitalmind Team