GIFT City regulator proposes lower PMS ticket size, opens door to retail funds

GIFT City regulator proposes lower PMS ticket size, opens door to retail funds

The International Financial Services Authority (IFSCA), which regulates GIFT City, has proposed a reduction in the minimum ticket size for portfolio management services (PMS) from $150,000 to $75,000, or about ₹64 lakh at current exchange rates, according to a consultation paper released on Monday. This brings the minimum ticket size for PMS closer to the … Read more

Diversifying investment style is crucial, says FundsIndia’s Arun Kumar

Diversifying investment style is crucial, says FundsIndia’s Arun Kumar

In an interaction with Mint, Kumar, known as the 80:20 investor, discusses his investment portfolio, his reasons for avoiding real estate, and why diversifying investment styles is as important as asset allocation.  He advocates for a focused approach to investing, leveraging the ‘Pareto principle’ (80:20 concept) to achieve optimal results with minimal effort. Edited excerpts: … Read more