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NEWSLETTER

Marcellus' Portfolio Updates & Insights - February 2026

marcellus.in From Our CIO’s Desk RBI’s Report Flags Indian Consumer’s Debt Trap For the past year, we have warned that the Indian middle class is financing its lifestyle through a precarious reliance on debt. The RBI’s latest Financial Stability Report (FSR) has now validated these concerns, signalling that the “consumption story” is hitting a wall […]


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NEWSLETTER

Marcellus' Portfolio Updates & Insights - January 2026

                             marcellus.in  From Our CIO’s Desk How Four Mega-Reforms by the Indian Government and the RBI Dismantled the Barriers to International Capital. RBI data reveals a staggering 58% surge in capital outflows from India over the past 5 years. This shift underscores a critical imperative: the necessity of investing in dollar-denominated assets. This is particularly […]


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We Didn’t Start the War. So Why Are We Being Fried?

Although India doesn’t have anything to do with the war in the Middle East, over the past month, the Nifty is down 11.7% in $ terms, 3x more than the S&P500 (down 3.6%) and nearly 1.5x more the European index (European Stoxx 600 Index down 8.1%). So, why is India so exposed to events in […]


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