Kotak’s standalone operating profit rose 43% to Rs 3,850 crore in Q3. Advances increased by over 23% to Rs 3,10,734 crore in December-end. COVID related provisions stood at Rs 400 crore.
SIPs offer steady gains as most fund categories beat benchmark indices
In the last two years, systematic investment plans have shown remarkable performance, with small-cap funds leading with an average return of 14.25%. Retail investor monthly