Fund of funds (FoF) are schemes which invest in other mutual fund schemes.
The top 10 fund houses have incrementally invested Rs 4,970 crore in the stock in August.
Steep pricing of plans offering the service would appeal only to a small elite base.
Today, the Nifty 50 index is trading at price to earnings (P/E) multiple of 27 times. In such a situation, it is important to follow the tenet of value investing.
Focus on returns, cash flow pays off.
The investments in the 10 banks stood at ₹7,664 crore at the end of the June quarter.
On enhanced capacity, Ramco Cements is expected to see volume growth in the range of 8-15 per cent for the next two years.
NHAI plans to award 6,000 kilometres of roads in the current fiscal.
In the past two months, Brent crude prices have fallen 8 per cent to $53 per barrel.
Among balanced schemes, SBI Equity Hybrid is one of the most stable performers in the long term.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon