[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-116746-en":3,"doc-seo-116746-105":30,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":27,"seo_description":14,"update_tm":28,"read_time":29},116746,1374391974564,"Clementine","https://ap-avatar.wpscdn.com/avatar/14000253aa45c000a9e?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779874745381141002",8,"Research & Report","Outlook Business - July 2026 - The Family Office Playbook - Anniversary Issue","India’s family offices are emerging as command centers for money, succession, and legacy, as global capital becomes more selective and mobile. The editor’s note examines why foreign inflows and long-term players have pulled back, and how the competitive game now rewards countries that build “AI factories” such as chip fabs and data centers. The issue spotlights the opportunities, passion projects, and legacy goals pursued by India’s wealthy, while stressing the need for patient domestic capital.","TH  \nA N N I V E R S A R Y I S S U E  \nJuly 2026 100 [www.outlookbusiness.com](www.outlookbusiness.com)  \nVive k Oberoi  \nMohit Burman  \nJahnavi Kumari Me war  \nRishabh Mariwa la  \nTHE  \nFAMILY OFFICE  \nPLAY BOOK  \nSomdutta Singh  \nAnirud h A  \nDamani  \nShrish ti Sahu  \nINDIA'S FAMILY OFFICES ARE BECOMING NEW COMMAND CENTRES FOR MONEY, SUCCESSION AND LEGACY  \nKris  \nGo pala krishnan  \nRonnie  \nScrew val a  \nG SK Ve lu  \nKavya Ve lu  \nAIVERSE  \nThe Second Coming  \nSMART MONEY  \nGIFT City in Search of a Soul  \n8  \n904150  \n800041  \n0 7  \nReach for opportunities of all sizes.  \nAcross large, mid and small caps .  \nInvest in  \nICICI Prudential  \nMulticap Fund  \nICICI Prudential Mutual Fund, Registration No.: MF/003/93/6  \nDownload [our App](our App i-Invest | Visit: www.iciciprumf.com | Contact your Mutual)[ i-Invest](our App i-Invest | Visit: www.iciciprumf.com | Contact your Mutual)[ |](our App i-Invest | Visit: www.iciciprumf.com | Contact your Mutual)[ Visit: www.iciciprumf.com](our App i-Invest | Visit: www.iciciprumf.com | Contact your Mutual)[ |](our App i-Invest | Visit: www.iciciprumf.com | Contact your Mutual)[ Contact your Mutual](our App i-Invest | Visit: www.iciciprumf.com | Contact your Mutual) Fund Distributor  \nICICI Prudential Multicap Fund ̹􀀁n ųƖen ended eƘuitǔ sĐŀeŦe investinĸ aĐrųss larĸe ĐaƖ̪ Ŧid ĐaƖ̪ sŦall ĐaƖ stųĐřs̺ is suitaĎle ķųr investųrs ǎŀų are seeřinĸ ķųr̴̫  \n̳ iųnĸ »erŦ Úealtŀ Creatiųn  \n̳ 􀀁n ųƖen ended eƘuitǔ sĐŀeŦe investinĸ aĐrųss larĸe ĐaƖ̪ Ŧid ĐaƖ and sŦall ĐaƖ stųĐřs ̩  \n̴Investųrs sŀųuld Đųnsult tŀeir ǦnanĐial advisers iķ in dųuĎt aĎųut ǎŀetŀer tŀe ƖrųduĐt is suitaĎle ķųr tŀeŦ̩  \nModerate  \nLow to Moderate  \nLow  \nModerately high  \nHigh  \nVery  \nHigh  \nRisk-o-meter  \nThe risk of the scheme is very high  \n»ŀe ¦isř̿ų̿Ŧeter sƖeĐiǦed aĎųve ǎill Ďe evaluated and uƖdated ųn a Ŧųntŀlǔ Ďasis ̩  \nPlease reķer ŀttƖs̶̶̫ǎǎǎ̩iĐiĐiƖruaŦĐ̩ĐųŦ̶neǎs̿and̿uƖdates̶all̿neǎs ķųr Ŧųre details ųn sĐŀeŦe risřųŦeters ̩  \nMutual Fund investments are subject to market risks, read all scheme related documents carefully.  \nEDITOR’S NOTE  \nThe Capital Conundrum  \nN  \not long ago, global fund managers were writing breathless paeans to India. The fastest-growing major economy. The strongest China+1 candidate. A trillion-  \ndollar consumption story. As a result, India’s capital markets boomed. And everyone—from the quants of Wall Street to Gen Zs in the country’s hinterland—cashed in and out.  \n􀀖Ćăč ēĆă ČĔĒćā ĒēĎďďăĂ ܥ 􀀋č ēĆă ʐʒđĒē Ēćė ČĎčēĆĒ ĎĄēĆćĒ Ęăÿđܡ ĄĎđăćąč ďĎđēĄĎċćĎ ćčĕăĒēĎđĒ ďĔċċăĂ ĎĔē ލގܥވݶēđč from Indian equities, far more than the entire previous year. India’s net foreign direct investment (FDI) has plunged. Sovereign-wealth funds, who are known for betting long term, are pulling back from India.  \nWhat went wrong? There are diagnoses galore—from elevated valuations of Indian stocks to a resurgent dollar. Perhaps, the strongest of them ćĒ 􀀋čĂćÿ݆Ē ċÿāĊ ĎĄ ÿč ÿđēćʐʒāćÿċܼćčēăċċćąăčāă ܱ􀀃􀀋ܲ ĒēĎđĘܥ Today, smart money is chasing AI labs in the US, semiconductor supply chains in Taiwan and South Korea, and advanced manufacturing across Southeast Asia.  \nNow, capital is not just seeking quick returns. It is following a strategy. Earlier, the game was to make your country attractive enough for foreign companies to come and sell here. The new game is to get the AI factories—chip fabs and data centres—built on your soil. The allure of access to a large local market is passé. Increasingly, the formula to house critical technology infrastructure of the future is about laying ĎĔē ÿ đăĂ āÿđďăē ĄĎđ Ēēđÿēăąćā āÿďăė ܥ  \n􀀖Ćă 􀀗􀀕 ćč މވކވ ÿččĎĔčāăĂ ÿ ވދݭĀč ďċÿč ēĎ đăĀĔćċĂ its semiconductor supply chain. The European Union is also in the same ballpark. China has been doing ēĆćĒ ĄĎđ ĂăāÿĂăĒ ܥ 􀀄Ę ēĆă ČćĂ ܼ ކކކވĒܡ ćē ĖÿĒ ďĔċċćčą ćčČĎđă ēĆÿč ކކއݭĀč ĎĄ 􀀈􀀆􀀋 ÿččĔÿċċĘܡ ĖĆćāĆ ďăÿĊăĂ ÿēފފމݭĀč ćč ܥއވކވ 􀀙ĆăđăÿĒ 􀀋čĂćÿܷĒ ĆćąĆăĒē ăĕăđ ĒāĎđă ćĒ  \nܥކވކވ Āč ćčފތݭ  \nAs foreign money becomes more selective and more  \nmobile, a question is becoming harder for ","cbCaiuxoENL0cqFu","https://ap.wps.com/l/cbCaiuxoENL0cqFu","pdf",94572526,1,172,"English","en",105,"# Editor’s Note\n## The Capital Conundrum\n# Cover Story: The Family Office Playbook\n## India’s wealthy and patient domestic capital","[{\"question\":\"Why does the editor describe a change in how capital behaves?\",\"answer\":\"Foreign money has become more selective and mobile. Capital now follows a strategy, prioritizing the building of critical technologies like chip supply chains and data centers rather than relying only on market access.\"},{\"question\":\"What question does the cover story address?\",\"answer\":\"The cover story frames a challenge for India: where sustainable growth should come from as foreign capital becomes harder to secure.\"},{\"question\":\"What role do family offices play according to the issue theme?\",\"answer\":\"India’s family offices increasingly function as command centers for managing money, planning succession, and shaping legacy outcomes for future generations.\"}]","Outlook Business - July 2026 - The Family Office Playbook - Anniversary Issue | PDF",1785665761,433,{"code":4,"msg":31,"data":32},"ok",{"site_id":24,"language":23,"slug":33,"title":13,"keywords":34,"description":14,"schema_data":35,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":28},"outlook-business-july-2026-the-family-office-playbook-anniversary-issue","",{"@graph":36,"@context":85},[37,54,68],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,51],{"item":41,"name":42,"@type":43,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/document/","Document",2,{"item":49,"name":12,"@type":43,"position":50},"https://docshare.wps.com/document/research-report/",3,{"item":52,"name":13,"@type":43,"position":53},"https://docshare.wps.com/document/outlook-business-july-2026-the-family-office-playbook-anniversary-issue/116746/",4,{"url":52,"name":13,"@type":55,"author":56,"headline":13,"publisher":58,"fileFormat":61,"inLanguage":23,"description":14,"dateModified":62,"datePublished":62,"encodingFormat":61,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":57},"Person",{"url":41,"name":59,"@type":60},"DocShare","Organization","application/pdf","2026-08-02",true,{"@type":65,"interactionType":66,"userInteractionCount":4},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"Why does the editor describe a change in how capital behaves?","Question",{"text":75,"@type":76},"Foreign money has become more selective and mobile. Capital now follows a strategy, prioritizing the building of critical technologies like chip supply chains and data centers rather than relying only on market access.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"What question does the cover story address?",{"text":80,"@type":76},"The cover story frames a challenge for India: where sustainable growth should come from as foreign capital becomes harder to secure.",{"name":82,"@type":73,"acceptedAnswer":83},"What role do family offices play according to the issue theme?",{"text":84,"@type":76},"India’s family offices increasingly function as command centers for managing money, planning succession, and shaping legacy outcomes for future generations.","https://schema.org",{"og:url":52,"og:type":87,"og:title":13,"og:site_name":59,"og:description":14},"article",{"robots":89,"canonical":52},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":92},[93,97,101,105,110,115,120,123,128,131,135],{"id":20,"doc_module":4,"doc_module_name":46,"category_name":94,"show_sort_weight":95,"slug":96},"Story & Novel",90,"story-novel",{"id":47,"doc_module":4,"doc_module_name":46,"category_name":98,"show_sort_weight":99,"slug":100},"Literature",80,"literature",{"id":53,"doc_module":4,"doc_module_name":46,"category_name":102,"show_sort_weight":103,"slug":104},"Exam",70,"exam",{"id":106,"doc_module":4,"doc_module_name":46,"category_name":107,"show_sort_weight":108,"slug":109},5,"Comic",60,"comic",{"id":111,"doc_module":4,"doc_module_name":46,"category_name":112,"show_sort_weight":113,"slug":114},6,"Technology",50,"technology",{"id":116,"doc_module":4,"doc_module_name":46,"category_name":117,"show_sort_weight":118,"slug":119},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":46,"category_name":12,"show_sort_weight":121,"slug":122},30,"research-report",{"id":124,"doc_module":4,"doc_module_name":46,"category_name":125,"show_sort_weight":126,"slug":127},9,"Religion & Spirituality",20,"religion-spirituality",{"id":126,"doc_module":4,"doc_module_name":46,"category_name":129,"show_sort_weight":126,"slug":130},"World Cup","world-cup",{"id":132,"doc_module":4,"doc_module_name":46,"category_name":133,"show_sort_weight":132,"slug":134},10,"Lifestyle","lifestyle",{"id":136,"doc_module":4,"doc_module_name":46,"category_name":137,"show_sort_weight":106,"slug":138},19,"General","general"]