Smart-beta strategies are mechanical ways of assembling bundles of companies other than by their total stock-market value, as conventional index funds do. Compared to the Indian fund industry, where AUM of all smart-beta strategies is less than $1 billion put together as of August 2022, the popularity of Smart-beta funds is way higher with AUM of $1.3 trillion-plus in the global investing world.
Chandigarh man unearths 37-year-old Reliance shares worth Rs 12 lakh, ignites social media frenzy
Rattan Dillon, a car enthusiast from Chandigarh, stumbled upon physical share certificates of Reliance Industries (RIL) during a spring cleaning session. The certificates revealed that