From the Library · Featured essay
Three clients in the last month have asked to move half their portfolio into US AI. The direction is right. The price is not. On the discipline of patient global investing — and on building the new shape over five years, not five months.
From the editorA signed note
Dev Arora
Founder · Accrue Private Wealth
The financial world is louder than it needs to be. Markets move. Products multiply. Tax rules change. Global options open up. Regulations shift. Every week, investors are asked to react to something new — most of it noise, some of it changing what a serious family should do.
Insights is how we separate the two, in writing. The Journal is for the slow questions — how to think about allocation, real return, risk, legacy. Research Notes are for what just changed — the GIFT City product menu in 2026, the EGR launch, the 24-point gap between fixed-income and equity LTCG at the 39% HNI slab.
What you will not find here: predictions, urgency, or product pitches. Every piece is signed, dated, sourced, and revised when the facts move. That is the standard.
— Dev
※ ※ ※
CXOs & senior professionals
“Help me stop being my own CFO without surrendering control.”
Women stewarding family wealth
“Talk to me, not around me.”
Business owners in transition
“Steward what was built. Don’t blow it in the first eighteen months.”
NRI families investing in India
“Give me one partner who can think across borders and decades.”
Slow reading.
Asset allocation. Market cycles. Investor behaviour. Global wealth. Gold. GIFT City. Legacy. Retirement. Tax-aware investing.
Three clients in the last month have asked to move half their portfolio into US AI. The direction is right. The price is not. On the discipline of patient global investing — and on building the new shape over five years, not five months.
A decade ago, the conversation was about getting money out. Today it is about where it lives, who reports it, and what it owes.
The next bear market is already on its way. The question is not whether you will panic when it arrives — it is whether you have already built the part of your portfolio that lets you stay seated.
Every wealth statement quotes a number. Almost none of them quote the number that actually compounds. The arithmetic that separates the two is simple — it just does not get done out loud.
Markets, products, regulation, flows, valuations, global events, and India macro — distilled from research, data, and market commentary into what may actually matter for investors.
The Mauritius arc that made GIFT City structurally necessary. The IFSCA effect since April 2020. The product menu — IFSC mutual funds, AIFs, IBUs, IIBX, aircraft leasing, PMS. How residents access GIFT City through LRS, TCS, the A2 form. Four frameworks for the decisions that matter — for HNIs, NRIs, family offices, and CXOs.
The formula every Indian investor should use, including the post-tax layer most calculators leave out. The April 2023 amendment that re-ranked the fixed-income shelf, the 24-point surcharge gap between interest and equity LTCG, and what survives at the 39% HNI slab.
A historically grounded manual on how Indians can own gold in 2026. Six routes deeply compared. ETF mechanics, stress events documented. Taxation reset analysed. Seven frameworks for the decisions that actually matter.
After the SGB pause and NSE's EGR launch on 4 May 2026, Indian investors now have six routes to own gold. They are not substitutes. Each does a different job in a portfolio — and the question worth asking is which job, not which route.
A first conversation, without the sales call
Three ways to start. Each path comes with a real promise. We keep them.
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