The fund intends to make 10-12 investments, with an average allocation of Rs 200-300 crore per investment, targeting sectors such as financial services, consumption, digital & technology, healthcare, and manufacturing.
The 30-share BSE Sensex pack dived 530 points or 0.71 per cent to trade at 74,640, while the broader NSE Nifty index moved 168 points or 0.73 per cent down to 22,721 level.
Since April, the yield on government securities fell around 10-15 basis points due to multiple factors , like the easing inflation print, Brent crude oil prices, and the higher dividend transfer announced by the Reserve Bank of India.
Understanding these factors may provide insights into potential rate changes. This could help you choose the right time and issuer for booking a fixed deposit.