CFA · NISM Certified RA & RIA

No Tips.
Just Real
Understanding.

Most investors lose money chasing options, intraday trades, and tips. We teach you how wealth is actually built — the boring, honest, and permanent way.

Patient Capital · Long Term
Quality Portfolio
₹2,41,380
+141.4% ↑
CFA Charterholder NISM RA NISM RIA Ex-Revolut MSc TCD BCom SRCC
90% of F&O traders lose money — SEBI Data Wealth is built over years, not trades CFA · NISM Certified RA & RIA Your broker earns whether you win or lose Compounding is the only real edge retail has No tips. No profit screenshots. Just understanding. Understanding beats tips. Always. 90% of F&O traders lose money — SEBI Data Wealth is built over years, not trades CFA · NISM Certified RA & RIA Your broker earns whether you win or lose Compounding is the only real edge retail has No tips. No profit screenshots. Just understanding. Understanding beats tips. Always.

We say what no one
in this industry wants to.

After real losses, real credentials, and real research — here is our honest assessment of what works and what doesn't for retail investors in India.

📉
Options Trading for Retail

SEBI data is unambiguous — 90% of F&O participants lose money. The 10% who profit hand over 50%+ of their gains in charges and commissions. Options are instruments for hedging and institutional price discovery, not retail income generation. We teach the mechanics so you're not exploited — not so you trade them for income.

SEBI: 90% of traders lose
Intraday, Frequent Swing & Algo Trading

Transaction costs and taxes create an insurmountable structural disadvantage. The Brazilian daytrader study followed 19,000 traders — only 3% were consistently profitable over 2 years. Algo trading at retail scale has no consistent edge. HFTs have microsecond advantages you cannot beat. This isn't opinion — it's replicable data.

3% consistent profitability — Academic research
📈
Quality Stocks · Positional · Patient Capital

Identify quality businesses with genuine moats. Wait for pullbacks to EMAs, support zones, or liquidity sweeps. Hold with conviction. Let compounding work. Use the 50-week and 200-week EMA as your only sell discipline. This is boring. It is also correct. Every credible long-term wealth builder has arrived at this conclusion.

Compounding + time = the only retail edge
🌱
Mutual Funds + Goal-Based SIPs

For those who don't want to pick individual stocks — quality mutual funds through disciplined SIPs remain one of the most powerful wealth-building tools available. Set it. Stay with it. Don't check it every week. The biggest risk isn't market volatility — it's your own behaviour when markets fall.

15yr+ SIP in quality fund = 12–15% CAGR historically

Courses built on
honesty, not hype.

Real understanding, not false confidence. Every course is designed to make you a better investor — not a more active trader.

Complete Caplyst Bundle

All 4 courses + Personal Finance Framework + 1 year of Research & Watchlist subscription + Private community access. Everything you need.

Personal Finance Options Mechanics Swing Trading FA + Portfolio 1yr Research Community
₹9,999 ₹29,996 SAVE 67%
Starter · Best First Course
The Caplyst Wealth Framework™ — Foundations of Personal Finance

Why most people never build investable capital — and how to fix that. Not about saving money. About structuring your finances to deploy capital intelligently when opportunities arise.

  • Wealth vs Income — the difference most people miss
  • How behaviour kills wealth before markets do
  • Surplus creation and Emergency Fund strategy
  • Insurance — protection or savings trap?
  • Debt — tool or trap? How to use it right
  • Compounding and the Skillset advantage
  • How to study equity — starting from zero
  • Portfolio management and building basics
  • 9 in-depth lessons · Lifetime access
₹999 ₹2,999
Self-paced · Lifetime access · 9 lessons
Foundation
Options Mechanics — Understand, Not Trade

How options actually work, how they're priced, and how institutions use them. We'll also show you exactly why SEBI data proves retail can't sustainably profit from options trading. Knowledge that protects.

  • Options basics — calls, puts, payoff structures
  • Options pricing — what actually moves premium
  • The Greeks explained without jargon
  • Reading the option chain like an analyst
  • Strategies overview — straddles, spreads, iron condor
  • Hedging your portfolio with protective puts
  • Why retail F&O traders structurally lose — the data
  • When options actually make sense at retail level
₹4,999 ₹8,999
Self-paced · Lifetime access
Core
Swing Trading & Stock Selection Framework

Not finding a new position every week. Finding quality stocks every quarter, understanding their price structure, and entering with discipline. The honest approach to positional trading.

  • EMA structure — identifying trend and momentum
  • 50-week and 200-week EMA as sell discipline
  • Momentum stocks — pullback entry framework
  • Reversal stocks — support, order block, confirmation
  • Volume and price action confluence
  • Building a disciplined watchlist — 8 to 12 names max
  • Position sizing and portfolio-level stop discipline
  • When momentum is gone vs temporary correction
₹3,999 ₹6,999
Self-paced · Lifetime access
Advanced
Fundamental Analysis & Portfolio Management

Learn how to read businesses, not just balance sheets. Understand what makes a compounding machine, how to value it sensibly, and how to build a portfolio that grows while you sleep.

  • Reading financial statements that actually matter
  • Identifying quality, moat, and business durability
  • Growth vs value — how to think about both
  • Valuation — relative, earnings power, and reverse DCF
  • Sector and trend identification frameworks
  • Case studies — companies that compounded and those that didn't
  • Portfolio construction and concentration vs diversification
  • When your thesis breaks — honest exit rules
₹5,999 ₹10,999
Self-paced · Lifetime access · Our flagship course

Same courses. Live market.
Lifetime guidance.

Live cohorts with real-time market analysis, assignments, portfolio building sessions, lifetime doubt clearance, and 2 years of research + portfolio service bundled in. For serious learners only.

Personal Finance · Live
  • All 9 recorded lessons + 3 live sessions
  • Personal finance audit of your current situation
  • Lifetime doubt clearance access
₹2,499 ₹999
// Recorded price for reference
Options Mechanics · Live
  • Live option chain analysis sessions
  • Real market examples every class
  • Assignments on actual market data
  • Lifetime doubt clearance
  • 2 years research + watchlist access
₹11,999 ₹4,999
// Recorded price for reference
Swing Trading · Live
  • Live stock screening every session
  • Build your own watchlist with guidance
  • Real-time entry/exit analysis discussion
  • Portfolio review sessions
  • Lifetime doubt clearance
  • 2 years research + watchlist access
₹8,999 ₹3,999
// Recorded price for reference
FA + Portfolio Management · Live
  • Live company analysis and breakdown
  • Build your own equity research reports
  • Portfolio construction under guidance
  • 1-on-1 portfolio review session included
  • Lifetime doubt clearance
  • 2 years research + watchlist + portfolio service
₹13,999 ₹5,999
// Recorded price for reference
// FULL LIVE BUNDLE — ALL 4 COURSES + 2 YRS RESEARCH
₹34,999
Individual live pricing: ₹37,496

Ongoing research for
serious investors.

Monthly equity research and weekly watchlist updates — no tips, just framework-based analysis you can understand and act on. Swing and positional ideas only. No F&O.

Research & Watchlist Subscription
Monthly
Billed monthly · Cancel anytime
₹1,999per month
6 Months
₹999/mo · Save 50%
₹5,999billed once
12 Months
₹833/mo · Save 58%
₹9,999billed once
⏳ Limited Slots
Portfolio Diagnostics Session

A focused 60-minute 1-on-1 session. Share your current portfolio, allocation, and goals. Get an honest assessment of what's working, what isn't, and a clear recommended action plan. No upselling.

₹999 ₹1,999 50% OFF · Limited Period

What's included in Research Subscription

  • Monthly equity research report covering 8–10 quality, momentum, and reversal candidates
  • Entry levels, thesis, and risk parameters for each name
  • Weekly watchlist updates posted in private community
  • Monthly market structure and index direction analysis
  • Sector rotation and thematic trend identification
  • Stocks only — zero F&O recommendations
  • NISM RA certified analysis — accountable, not just opinions
  • Access to private investor community group
  • Monthly Q&A session with Himanshu
What we don't do
  • No F&O tips or options recommendations
  • No intraday calls or scalping ideas
  • No guaranteed return promises
  • No profit screenshots or performance marketing

Built by people who
lost money first.

👤
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Himanshu Soni
Founder, Caplyst Wealth · Bhopal
CFA Charterholder NISM Certified RA NISM Certified RIA Ex-Revolut · FinCrime Analyst MSc Finance · Trinity College Dublin BCom Hons · SRCC Delhi

I spent years doing what every finance YouTube channel told me would work — options, intraday, swing trades, overnight positions in iron condors. I held positions through gap opens. I lost capital to whipsaws I couldn't predict even when I was directionally correct.

Then I read the SEBI data. Then I looked at what investors who actually built wealth — not those who talk about it — were doing consistently. The conclusion was uncomfortable and liberating at once. Caplyst exists to share that conclusion honestly.

  • CFA charter — 900+ hours of rigorous financial analysis training across 3 levels
  • NISM RA and RIA certified — legally and ethically accountable for research output
  • Ex-Financial Crime Analyst at Revolut — understanding how financial systems are actually built
  • MSc Finance, Trinity College Dublin — institutional-grade financial education
  • BCom Honours, SRCC Delhi — strong foundation in accounting and economics
Sanchita Soni
MFD Licensee · Mutual Fund Distribution · Caplyst Invest

Sanchita manages the Caplyst Invest vertical — goal-based mutual fund investing for those who want a simpler, disciplined path to wealth. Background in EdTech and team leadership. MFD licensed. Zero commission-driven advice.

// Important Disclosure

Himanshu Soni is NISM Certified as Research Analyst and Investment Advisor. SEBI RA registration is currently in process. All content is for educational purposes only. Investments in securities markets are subject to market risk. Past performance is not indicative of future results. Please consult your financial advisor before investing.

Honest answers
to honest questions.

Still unsure? We'd rather you make the right call before paying than regret it after.

hello@caplyst.in
Do you provide stock tips?
No. Our research presents analysis and frameworks — entry levels, thesis, and risk parameters — but never actionable buy/sell tips. We teach you how to think about stocks so you don't need someone else's tips. Once SEBI RA registration is complete, all research will be formally regulated under that framework.
Why teach options if you say retail shouldn't trade them?
Understanding how options work makes you harder to exploit by those who do. You can hedge your portfolio intelligently. You understand what your broker profits from. Knowledge of the mechanics without the false promise of income — that's the right framing. The course teaches understanding, not a trading strategy.
What's included in the research subscription?
Monthly equity research covering 8–10 stocks with detailed analysis and entry levels. Weekly watchlist updates. Monthly market structure overview. Monthly live Q&A session. All in private community. Stocks and positional ideas only — zero F&O recommendations.
When is SEBI RA registration completing?
We are in the final stage of the SEBI RA registration process. A document resubmission is pending. We expect completion soon. Until then, we operate as NISM Certified RA and RIA and clearly disclose this status. We will not claim regulatory credentials we don't yet formally hold.
How is this different from other finance creators?
We hold a CFA charter and NISM RA and RIA certifications — not commonly combined. We publicly acknowledge that most trading activity destroys retail wealth. We don't show profit screenshots or make return promises. We say things this industry doesn't want you to hear. If that appeals to you, you're our person.
What is your refund policy?
7-day refund for self-paced courses if you've accessed less than 20% of content. Live cohort fees non-refundable after session 1. We'd genuinely prefer you ask every question before enrolling. Reach out — we'll tell you honestly if a course is right for you.

Ready to stop losing money
to the hype machine?

Join investors who chose understanding over tips, patience over trading, and real compounding over false promises.

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