Alternative Investment Funds (AIFs): Exploring Capital Beyond the Mainstream
Wealth First Explains the regulatory framework behind India’s alternative investment vehicles After knowing about ‘what is an AIF?’ in Part 1, Part 2 is a deep dive into it. As indicated in the first part, AIFs are not one product. They’re a regulated framework of strategies. SEBI has done something very deliberate in the AIF regulations: it has grouped AIFs into Category I, II, and III, based on what they invest in and […]
Alternative Investment Funds (AIFs): Exploring Capital Beyond the Mainstream
Wealth First Explains the structure, purpose, and regulatory framework behind India’s alternative investment vehicles There’s a quiet truth about India’s investment landscape: not every investor needs the same vehicle. For most people, the “main roads” are enough – bank deposits, mutual funds, listed equities, bonds. But for many HNIs, family offices, institutions, and experienced investors, […]
The Recipe No One Ever Followed Twice
Why chasing “something new” can quietly erase what already works. Jigar, an enthusiastic middle-aged man, had a dynamic personality. After being in a hectic professional schedule, he found his calm in cooking. He loved experimenting with new ingredients and creating a new dish every time. While he enjoyed this activity with all his heart, there […]
Zero: The Smallest Number, The Biggest Lessons in Finance
Wealth First explains why ‘zero’ has some of the deepest meanings in money and investing. “Zero looks like nothing, but it changes everything.” Imagine two identical portfolios: both earn the same gross return, but one trims unnecessary costs closer to zero. Over years, that difference quietly compounds into a meaningful lead. From bonds to budgets […]
Key Ratios in Investing: Understanding the Numbers Behind Businesses
Wealth First explains why a few simple ratios can help investors interpret financial strength, performance, and efficiency. Behind every company’s balance sheet lies a story of how efficiently it earns, spends, and grows.Financial ratios help decode that story. They act as lenses through which investors can understand how a business is performing, whether it is […]
Tax Planning: How Taxation Impacts Post-Return Wealth
Wealth First explains how thoughtful tax planning nurtures your financial garden by helping your wealth grow stronger and last longer. Imagine your different investments as plants in a garden. Each one grows under the same sun — your income — but what truly determines how lush that garden becomes is how well you nurture it. […]
XIRR: Measuring Real-World Investment Performance
Wealth First explains how XIRR helps you measure what your money truly earned, not just what it grew to. Imagine you’ve planted a tree, but instead of watering it once at the beginning, you water it irregularly: sometimes more, sometimes less, sometimes skipping months altogether depending on the weather and external conditions. When the tree […]
Yield: Understanding Returns in Bonds and Fixed Income Instruments
Wealth First explains how yields show the real fruit your investments bear and why they matter beyond bonds. Imagine a tree. You plant it, nurture it, and over time, it begins to bear fruit. The tree is your investment, and the fruit it produces each season is your yield: the income or return that your […]
NAV (Net Asset Value): The Price Tag of a Mutual Fund and What It Reveals
Wealth First explains why NAV is the heartbeat of every mutual fund and how it helps investors understand what their money’s really worth. As we move deeper into the Wealth First Explains series, we now begin exploring some of the core concepts and ratios that define investing itself. And among the most fundamental ones — […]
Portfolio Management Services (PMS): When Your Wealth Needs Professional Management
Wealth First explains how PMS helps investors take the next step in personalized wealth creation. As investors grow in their financial journey, many reach a stage where simple investment products—like mutual funds—may no longer fully align with their goals or complexity of assets.At that point, Portfolio Management Services (PMS) becomes the next logical step: a […]