INTELLECTUAL TRADING

  The STORY There is a famous story of an Elephant with 6 blind men in the Indian sub-continent and it goes like this. 6 blind men, and an Elephant were put together in a room. The 6 blind men were ask to describe how the elephant looks like. During their exploration of the elephant, each one of them touched a different part of elephant’s body. This led them to paint a different picture of an elephant. When asked about how the elephant looks like, here is what each of them had to say. The person who touched the leg of the elephant, thought that the elephant is like a “PILLAR”. Second person caught hold of the tusk and felt that its perfect and round and that elephant is like a “SPEAR”. Third person caught hold of the Tail and thought that the elephant is like a “ROPE” Fourth person caught hold of the ear and thought that the elephant is like a “FAN” Fifth person caught hold of the Trunk and though that the elephant is like a “SNAKE” Sixth person fell from the sturdy body of the e...

 S pecialized Investment Fund is a new asset class designed for investors looking for advanced investment strategies. It aims to provide a higher ticket investment product to meet the needs of the emerging category of investors. The landscape of investment management in India has significantly evolved over the years, marked by the introduction and development of various investment products. SEBI has adopted a segmented risk-based approach to regulation of these products depending on their complexity, sophistication of target investors, minimum investment size etc. The current range of investment products with varying risk-reward profiles, are intended to meet the investment needs of retail, high net-worth and institutional investors. The regulatory framework and prudential norms governing these investment vehicles become progressively more flexible from Mutual Funds (‘MFs’) to Portfolio Management Services (‘PMS’) to Alternative Investment Funds (‘AIFs’), in sync with the investmen...