ICICI Prudential AMC s Deputy CIO - Equity, Anish Tawakley, advises caution on PSU stocks due to valuation concerns. The team focuses on domestic cyclical sectors and has thrived by spotting the recovery in the real estate cycle and early homebuilding activity. They monitor capacity utilization, earnings expectations, and manufacturing performance.
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.
Most of the schemes have managed to offer double-digit returns in this year till date, except for Aditya Birla Sun Life Business Cycle Fund. The scheme offered 6.65% in this year till date.
Should you invest in Tata Business Cycle Fund NFO? - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.