29 results for “AIF”

PMS as MF Wrapper: Testing the RIA Alternative

PMS has real advantages and the RIA structure has its own. But the assumption that RIAs are uniformly cheaper than PMS for HNI MF portfolios doesn't survive the math. Read on to know more.

The Saga of the Jane Street Trading Scandal

In April 2024, a hedge fund called Jane Street sued a competitor called Millennium Partners, and what it revealed has prompted a year long SEBI investigation into its option trades in India. SEBI has a massive 4,800 crore fine on Jane Street's companies for what they say is index manipulation. Read on.

PMS vs. Mutual Funds vs. AIFs: Which Investment Route Works Best for NRIs?

PMS Inner Workings: Banking Partners, Custody Structure, and Trading Execution

PMS Guide for NRIs: The Nuts and Bolts

Welcoming the Capitalmind Mutual Fund!

We've got a Mutual Fund license! Talking about the story of how it all came about, Deepak takes you through what we imagine the Fund to be, and how it will help you invest for a better life.

[Podcast] Mutual Funds, PMS or AIF: Choosing the Right Investment Vehicle for Your Needs

In this episode, Deepak and Shray compare mutual funds, Portfolio Management Services (PMS), and Alternative Investment Funds (AIF) and give you the differences between all three. We analyze the tax benefits of mutual funds, highlight the liquidity advantages, and compare them with PMS and AIF in terms of fees, transparency, and investment flexibility. We also discusses why different products cater to different investors. Listen in!

Impact of Capital Gains Tax Changes on PMS, AIF, Mutual Funds and smallcases: A comprehensive analysis

India's Union Budget 2024-25 introduced significant changes to the capital gains tax structure, affecting equity investors and their preferred investment vehicles. This article explores how the increased short-term and long-term capital gains tax rates impact returns and strategies for Portfolio Management Services (PMS), Mutual Funds (MFs), Smallcase, and Alternative Investment Funds (AIFs). Discover the historical performance comparison between PMS and mutual funds, the advantages of a diversified portfolio allocation, and the way forward for fund managers in navigating the new tax landscape.

Capitalmind launches its first AIF: Capitalmind Select India One

Bengaluru-based Capitalmind Financial Services unveils its first Alternative Investment Fund, "Capitalmind Select India One." This Category 3 AIF aims to raise INR 500 crores in 12 months, offering a long-bias multi-factor strategy. The fund combines Momentum, Low Volatility, and Quality factors, targeting sophisticated investors with a minimum INR 1 Crore investment. Building on its successful PMS track record, Capitalmind expands its quantitative investment offerings. The AIF features active risk management, a flexible portfolio of 20-40 stocks, and systematic hedging. With this launch, Capitalmind reinforces its position as a leader in innovative investment solutions for the Indian market.

[Podcast] RBI hits NBFCs hard with two new regulations

The RBI, often the silent architect of our financial landscape, has made strategic manoeuvres that reshape the terrain for banks, non-banking financial companies (NBFCs), and borrowers.

[Podcast] A Deeper Look into Asset Management in India

Join us on Capitalmind Podcast, where we demystify the world of finance without the jargon. In today’s episode, talk about the asset management industry in India and what's in store for the future.

No more evergreening through AIFs, says RBI to NBFCs

[Podcast] Here’s why taxes impact your investing decisions

A short guide to navigating PFIC regulations for US citizens investing in India

Podcast: Why SEBI should implement India's EDGAR and more

Recently, as of 7th September 2022, total Demat accounts in India touched the 10 crore mark. This is a staggering increase from 40 crore Demat accounts in Mach 2020. This alone is a testimony of increased participation and inclusion of individuals in Indian markets. More and more Indians, especially youngsters, are taking to investing in equities enabled by their smartphones - digital broking, increased information access, and social media influence. The whole securities (stock) market ecosystem has evolved immensely over the past decade and deserves a lot of credit for the recent growth in the participation of new investors. At the helm of the ecosystem sits our regulators who are responsible to enable, guide, protect and watch the market participants to ensure that we have a fair and thriving market. In this episode, Deepak and Shray talk about the role SEBI can play in shaping the future of the markets. They talk about data warehousing, data accessibility, regulatory enhancements, bond markets, disclosures & reporting, and a lot more that would make our markets more accessible.

P2P lending in India. How does it work and are the risks worth it? (EP42)

How does P2P lending work in India? How safe is P2P lending? Deepak and Shray explore how the industry works, the risks involved and whether the returns are enough to justify the risks.

EP39: Why we run a PMS and how we do it differently

What is a Portfolio Management Service? How does it really work? Do they actually benefit their clients? In this episode, Vashistha and Deepak explore PMS' through their experience of running one at Capitalmind. They explain how the operations work, the pros and cons of different fee structures, quantitative strategies and how PMS' are different from AIFs, Mutual Funds and Smallcases.

EP38: Money, after you die

How do you plan for a smooth transfer of your wealth after you die? And how do you help someone whose loved one has passed on? In this episode, Shray and Deepak explore what you must do in an unfortunate circumstance of a loved one's death, and for an easy transition in case of your own. We also invite Harshavardhan Ganesan, a practicing lawyer, to give us the legal perspective. Listen in for real life anecdotes from covid, succession certificates, legal wills, and some counter-intuitive learnings.

The 10 Things in Budget 2021 That Matter (*Conditions Apply)

The Budget for FY 2022 is here, and it's incredible in one thing: Not too many higher taxes. We thought there would be a corona cess, and there wasn't. An increase in personal tax rates, and there wasn't. In that context, the budget's more about what it did not do, rather than what it did. So, here's a summary of the top 10 most important things in the budget 2021. Read on for the Top 10 Things in Budget 2021 that matter

How taxation works for AIF and PMS investors

AIF (Alternate Investment Funds) and PMS (Portfolio Management Services) are two investment options available to HNIs where the funds are managed by a third party fund manager. While there are quite a few differences between these two investment options such as the minimum investment needed (1 Crore for AIF and 50 Lakhs for PMS), regulatory environment, legal structure etc, the purpose of this article is to explain the differences pertaining to taxation and how that impacts you as an investor should you choose to invest in one of the two options.

Your window to the startup world: Inside Info Edge

Couple of years back, Mr. Sanjeev Bikhchandani got five calls from Housing.com investors saying, “You’ve got the business (99 acres was generating 70-80 Cr of revenue)”. They said, “We’ve got the product right with Housing.com. Why don’t we merge?” Mr. Sajeev replied, “If you have got the product, how come we have the business?. You merge with the complimentary product, not with the substitute”.

The UTI AMC IPO: Should you invest?

The Indian Mutual Fund industry is highly competitive. There are 43 Asset Management Companies (AMC), the top 10 players hold 83% of the Industry AUM. UTI AMC has got approval for its IPO and will hit the markets soon. In this post we look at the MF industry and prospects of the latest player coming to the markets.

Podcast #31: How trend following can make buy and hold better

In this episode, Shray and Sandeep discuss how adding a trend following layer to a long-only portfolio can help enhance returns and lower drawdowns, in the context of Capitalmind Chase - our own such strategy.

What is this Trend following thing anyway?

My kids are huge fans of Formula 1. The races have them glued to a TV screen for the full two hours or so that it takes to finish a circuit at blazingly high speeds. I was a fan of F1 for a long time myself, during the era of Schumacher and Hakkinen and the like. My favourite was Schumacher and Ferrari, and I asked my kids who they loved. Their answer: Hamilton and Mercedes. To me, that's almost sacrilege, but I ask them anyhow: Why? And their answer: Because he wins. That was exactly why, perhaps, that I loved the time of Schumi. Because he won. And that, my friend, is Trend Following. Read on, as Sandeep takes us through the nuances in this first part of a series on the concept. Note: I should have moved to Mercedes. But I'm still cheering the prancing horse on the inside, every once in a while. Don't be like me, be with the winners. Cheers, Deepak

Why Is The FIPB Rejecting or Deferring Proposals Like Sharekhan Stake Sale, and Kotak Bank FII Limit Raise?

Angel Fund Guidelines: Helps the Superangels, Keeps Out Smaller Investors

Speculation: SEBI Angel Fund Rules Could Help Ease Startup Tax

Startups In Budget 2013, A Mixed Bag

Creating a Hedge Fund in India: The Structure

How can you create a hedge fund in India? The name has no formal meaning in India, so we look at the various ways you can create a vehicle for someone to collect money from investors and invest it in markets.