“We remain positive on India’s growth story given strong tailwinds and expect steady returns with a stock-specific approach,” Prabhudas analysts Amnish Aggarwal and Anushka Chhajed said, adding that the June quarter saw sales beat of 0.6 per cent, while EBITDA and PBT were lower than estimates by 6.5 per cent and 9.7 per cent, respectively.
ICICI Prudential Mutual Fund to grandfather its 2 fund-of-funds under SEBI framework
ICICI Prudential Mutual Fund is grandfathering two of its fund of funds, the Passive Multi-Asset Fund of Fund and Global Advantage Fund, from January 27,