“Special opportunities funds are the new buzzword for the asset management company (AMC)s wanting to launch another fund but constrained by one category-one AMC-one fund restriction under SEBI’s Mutual Fund Categorization and Rationalization circular (2017). It is classified as a Thematic fund under the said circular,” says Himanshu Pandya, Founder, HP Private Wealth Advisory Services.
“Investing is more about managing emotions than about growth arithmetic. During the 100 days before the election results investors should have managed greed, and over the next 100 days investors must manage fear,” says Himanshu Pandya, founder, HP Private Wealth Advisory Services.