I think the lifecycle fund is a great introduction however current NPS structure generally take care of this, until lifecycle fund can introduce gold, invit etc as part of fund it still better to be in NPS as NPS doesn't have the heavy exit load. Also any formula created by AMC will not be as accurate as person having the flexibility to create there own allocation because the exit date can change for people, life doesn't have certainly as mathematical equations
Hey Vishagan, so sorry for the late reply. Great question.
TCS secured a $1 billion investment from private equity group TPG. So they started off with equity just like everyone else. And so far, we can't tell the rest until the data center is fully built. However, we can make certain predictions.
For most other companies, things like power, nonstop network connectivity, construction, all of those would be an issue. But not for a company that's part of the Tata ecosystem. They have captive capacity in many, many parts of a data center. Tata Power will help them on one end, Tata Comms (or what's left of it) will help them with another - in fact, Tata Comms owns part of STT!
That, alongside the fact that TCS' cash position is huge, makes me believe that they will not rely significantly on debt.
Even I wrote about it a while back
https://www.linkedin.com/pulse/3-trillion-guessing-game-chirag-pachisia-lryrf/?trackingId=%2BTT%2Fzt9jDVsADeGv2zdo6Q%3D%3D
I think the lifecycle fund is a great introduction however current NPS structure generally take care of this, until lifecycle fund can introduce gold, invit etc as part of fund it still better to be in NPS as NPS doesn't have the heavy exit load. Also any formula created by AMC will not be as accurate as person having the flexibility to create there own allocation because the exit date can change for people, life doesn't have certainly as mathematical equations
I think in NPS the user still has to give inputs. Target dated funds would reduce that as well.
Just curious to know in what category does the TCS data centre investments fit in?
Hey Vishagan, so sorry for the late reply. Great question.
TCS secured a $1 billion investment from private equity group TPG. So they started off with equity just like everyone else. And so far, we can't tell the rest until the data center is fully built. However, we can make certain predictions.
For most other companies, things like power, nonstop network connectivity, construction, all of those would be an issue. But not for a company that's part of the Tata ecosystem. They have captive capacity in many, many parts of a data center. Tata Power will help them on one end, Tata Comms (or what's left of it) will help them with another - in fact, Tata Comms owns part of STT!
That, alongside the fact that TCS' cash position is huge, makes me believe that they will not rely significantly on debt.