Union Mutual Fund announced the launch of the Union Business Cycle Fund. The scheme opened for public subscription on February 13, 2024, and will close on February 27, 2024.
The new fund offer of the scheme opened for subscription today and will close on February 27. The scheme will be managed by Sanjay Bembalkar and Hardick Bora.
When things are relatively new, analysts and the market tend to underestimate how big the opportunity could be, and that s where there is a positive surprise element, the CIO says.
Patwardhan believes that India today is better placed to face both global and domestic headwinds, and the risk-reward in small- and mid-caps doesn t look as good as it did a year ago
Stock market today: Early morning on Tuesday, both the BSE Midcap and the BSE Smallcap indices hit their fresh record highs of 33,245.85 and 38,769.33 respectively. However, soon after that, they suffered strong losses of up to 4 per cent.