Specialized Investment Funds (SIFs) in India: The Definitive Guide for Serious Investors (2026)
This is the definitive guide to SIFs: structure, regulation, strategy types, taxation advantages, AMC landscape, risks, and portfolio role.
Read more
Ashpi Gupta
Builder at heart | Circus master at home 🎪 | Energized by big ideas — defined by sharp execution| Gardens to think 🌱 | Water baby 🌊 | Avid traveler 🌍 | Poker face ♠️ | Always knows someone who knows someone 🤝
REITs and InvITs in India: The Definitive Guide for Serious Investors (2026)
Most Indian investors can tell you the P/E ratio of TCS. Far fewer can explain how a REIT generates returns — or why InvITs quietly delivered 25.48% total returns in 2025, outpacing the Nifty 50's 11.88%. This is the definitive guide...
Read more
Best PMS in India 2026: How to Actually Pick One (Without the Marketing Noise)
Fewer than 1 in 10 equity PMS beat the Nifty 50 in CY 2025. With 1,257 strategies and 93-point return spreads, picking the 'best' PMS from a listicle is like picking stocks with darts. Here's the 5-metric framework that actually works.
Read more
The Rebalancing Edge: Why Doing Nothing Is the Most Expensive Strategy
Buy and hold sounds wise. In practice, it means your portfolio drifts into concentrated bets you never intended to make.
Read more
PMS is too tax-inefficient, or is it?
"PMS is too tax-inefficient" is the number one objection we hear. It is also the most lazily repeated claim in Indian finance. Every cocktail party conversation about PMS eventually arrives at the same moment. Someone — usually someone who has never actually run the numbers — declares with absolute conviction:
Read more
The Factor Gap: Why Systematic Investing Conquered America While India Still Trusts the Gut
In the US, factor-based and systematic strategies manage over $1.5 trillion in smart beta ETFs alone, with trillions more in institutional mandates. In India, the number is close to zero. This gap has nothing to do with high-frequency trading — and everything to do with how ordinary equity portfolios are
Read more
The Definitive Guide to PMS Fee Structures
Management fees, performance fees, hurdle rates, high watermarks, catch-up clauses — and why the fee structure you choose matters more than the fee percentage you pay. 01 — The Simplicity of Mutual Fund Fees Before we wade into PMS territory, let's appreciate how elegantly simple mutual fund fees are. When
Read more