Hardick Bora discusses the state of the PSU banks versus the private banks, Nifty 50 Index, Fair Value Spectrum, small and midcap funds, and asset allocation strategy for moderate risk profiles. Bora says: "An election outcome with continuity of the current administration may strengthen the sentiments of local as well foreign investors."
Bandhan Mutual Fund announced the launch of the Bandhan Innovation Fund. The scheme opened for public subscription on April 10, 2024, and will close on April 24, 2024.
Small-cap funds saw net outflows for the first time in 30 months - Market News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Around 21 mutual fund NFOs were floated in March which includes open-ended and close-ended schemes, they together mobilised Rs 4,146 crore. Two close-ended and 19 open-ended new fund offers were opened for subscription.