The Writing Room

We aim to keep our investors up to date with regular written pieces that discuss our portfolios and our views on the opportunity-set whilst using the exercise to clarify our thoughts.

Writing Room

Make In India: India’s Production Linked Incentive Scheme

India Capital Growth Fund

India’s manufacturing sector, contributing approximately 17% to GDP, remains low relative to its vast population and economic potential. Despite being home to the world’s youngest workforce, with a median age of 28 years,  India remains heavily dependent on imports in critical sectors like electronics, machinery, and energy. To bridge this gap and harness its demographic dividend, the government has implemented the Production Linked Incentive (PLI) Scheme, aimed at revitalizing domestic manufacturing.

 

December 2024

ICGF – Revised Sector Representation

In our ongoing commitment to provide shareholders with a clear understanding of our investment strategies, we have updated our sector classification approach.

 

October 2024

The Indian Budget 2024: Capital Gains Tax Increase

Following the election in June this year, a budget refresh was announced outlining changes to both long-term and short-term capital gains taxes (CGT), universally impacting Indian equities investments.

What does it mean for you as an investor in India Capital Growth Fund?

 

August 2024