AIFs face risk of large investors moving away as Sebi tightens rules

AIFs face risk of large investors moving away as Sebi tightens rules

AIFs include private equity, venture capital and hedge funds, besides other privately pooled instruments that invest in real estate to commodities. Such investments usually carry higher risk and are targeted at high-net-worth or wealthy investors. Also read | Prop, retail see decline in F&O turnover ahead of Sebi curbs taking effect The Securities and Exchange … Read more

Mint Explainer: How variable capital cos, announced in Budget, will boost fund flow in Gift IFSC

Mint Explainer: How variable capital cos, announced in Budget, will boost fund flow in Gift IFSC

The government will enable pooled private equity fund structures through VCCs, a system popular in tax-friendly jurisdictions such as Singapore and Mauritius. Mint explores the details of VCCs and how they are likely to be attractive to overseas investors. What are variable capital companies? Unlike typical funds where investors share risks and rewards uniformly, a … Read more

Large-caps & Reits: India’s largest investment adviser’s shifts

Large-caps & Reits: India’s largest investment adviser’s shifts

Soumya Rajan, the founder and chief executive officer (CEO) of Waterfield Advisors, has a very balanced portfolio. She has allocations in equity, debt, real estate investment trusts (Reits), infrastructure investment trusts (InvITs) and funds of funds (FoFs) investing in venture capital and private equity. Over the past year, Rajan has moved from small-caps to large-caps, … Read more