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Stock Market Live Updates 29 February 2024 - The Hindu BusinessLine

Stock Market Live Updates 29 February 2024 - The Hindu BusinessLine
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Canara Robeco Manufacturing Fund NFO: Should you invest? - The Hindu BusinessLine

Canara Robeco Manufacturing Fund NFO: Should you invest? - The Hindu BusinessLine
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equity investors: Take a small exposure to Canara s new fund to gain from manufacturing push

The NFO of Canara Robeco Manufacturing Fund is open and closes on March 1. Investors can start with ₹5,000 in this fund, and the scheme will be benchmarked to the S&P BSE India Manufacturing TRI Index. An exit load of 1% will be levied for redemptions before one year. The fund will be managed by Pranav Gokhale and Shridatta Bhandwaldar.

thematic investing: New kid on the block! Should you invest in manufacturing theme-based mutual funds?

Mutual funds focused on the manufacturing sector offer investment opportunities to align portfolios with India s growth narrative. These funds invest in sectors like automobiles, pharmaceuticals, technology, cement, petroleum products, and industrial products. However, diversification and risk assessment are crucial when investing in these funds. At present, there are only five schemes which predominantly invest in manufacturing stocks.

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