Regarding mutual funds, some funds, especially passive funds tracking an index, may have 100-150 stocks in the portfolio, leading to over-diversification and suboptimal returns. Concerning this factor, a stock portfolio may fare better.
Bank of Maharashtra Q4 Results: Profit surges 45% YoY to Rs 1,218 crore
State-owned Bank of Maharashtra (BoM) on Friday reported a 45 per cent jump in its net profit to Rs 1,218 crore for the March quarter,