Raghav Mittal watched a boring Indian supplier to steel mills grow into a 100-bagger over 10 years. He never bought it. He thinks many allocators make the same mistake with India: they judge the whole country by its index.
In this talk from the first Good Investing Night in Munich, the founder of Dhamma Capital explains his three keys: how he checks governance on the ground, how he underwrites durable growth, and why he values fast growers by their PEG ratio. The short Q&A asks whether India really pays for growth.
Free PDF from Raghav, India under the surface: 12 lessons: https://go.good-investing.net/raghav-india
Chapters:
Full transcript: https://www.good-investing.net/2026/10/28/raghav-mittal-what-allocators-get-wrong-about-india/
Watch on YouTube: https://www.youtube.com/watch?v=ScuZXXCihTI
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What Allocators Get Wrong About India – Raghav Mittal appeared first on Good Investing.
