Veteran fund manager Siddhartha Bhaiya, who passed away after a cardiac arrest, was known for his contrarian investing style and multibagger small-cap bets. Citing rich valuations and market euphoria, he sharply reduced equity exposure and shifted heavily into gold ETFs. His disciplined, bottom-up approach delivered exceptional long-term returns and made his PMS the top performer in 2025.
Foreign investors rejig offshore structures to satisfy Indian tax rules
Foreign investors are bolstering offshore arms with tangible operations to demonstrate substance, following a Supreme Court ruling that denied tax benefits to entities lacking it.