The secret to true multibaggers: Somil Mehta’s investing thesis for disciplined investing

By the close of December 2025, Demat accounts in India exceeded 21.6 crore, marking a five-fold increase from about 4 crore in 2020. Driven by digital onboarding and DIY investing, this boom has boosted market involvement, with retail investors often searching for the next multibagger or wealth creator. However, while multibaggers shine in hindsight, does it eliminate the need for a disciplined approach? This formed the premise of an ETMarkets podcast, featuring Somil Mehta, Head – Retail Research at Mirae Asset Sharekhan, who revealed that research hasn’t kept up proportionally, as people increasingly turn to hot tips on social media, clarifying that this impulsive practice is fraught with risk. In conversation with ETMarkets editor, Kshitij Anand, Mehta urged that investing should be discipline-based, factoring in position sizing, risk tolerance, age bracket, and financial goals, before applying research ideas.Discover Mirae Asset Sharekhan’s Research Centre that offers concise reports, videos curated for Gen Z, and transparent guides to fundamentals, technical aspects, and macros for equities, commodities, and ETFs. Tune in! For more updates: https://research.sharekhan.com?utm_source=ET-Markets-Podcast