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

Let a hundred flowers bloom: Nikhil Kamath’s approach to life and investing explained

Let a hundred flowers bloom: Nikhil Kamath’s approach to life and investing explained

In a world of neat labels and professions, it is difficult to assign one to Nikhil Kamath. He is the co-founder of India’s largest brokerage, Zerodha. But he is also a hedge fund founder (True Beacon), a prop tech and private equity investor (Gruhas) and a podcaster and influencer (WTF). “I enjoy doing your job … Read more