long-term Archives

Low-risk mutual funds investment: Long-term gilt funds a good choice now

May 27, 2020May 27, 2020 Loknath Dasa, choice, Funds, gilt, Good, investment, long-term, Low-risk, Mutual

Gilt funds are taxed like debt mutual funds. Short-term capital gains are taxed as per the investor’s income tax slab if the units are redeemed before three years. At a time when many categories of debt mutual funds are reporting redemptions, investors are buying gilt funds as they are safer because there is no credit risk. In April, gilt funds saw net inflows of Rs 2,515 crore as compared with net outflows in funds such as Rs 19,239 crore from credit risk funds, Rs 6,841 crore from low duration funds…

CalPERS creates direct investment platforms for late-stage VC, long-term PE bets

May 19, 2018 Loknath Dasbets, CalPERS, Creates, Direct, for, investment, late-stage, long-term, PE, platforms, VC

California Public Employees’ Retirement System (CalPERS), the largest US pension fund that is also a limited partner (LP) for a few Indian PE firms, on Thursday announced that it will create a new entity, CalPERS Direct, to make direct private equity investments. CalPERS joins a slew of global LPs that have active direct investments’ programmes across geographies, including India. Several LPs in India including UK’s CDC and Canadian pension funds, besides a clutch of sovereign funds, have direct investments in Indian companies as well as have a fund-of-funds exposure to…