Top 5 ELSS funds of last year delivered over 25% return in 3 years

ETMarkets used ET Mutual Screeners to analyze the top five equity-linked savings plans (ELSS) over the past year and found that all five have produced good CAGR returns of over 25% over the past three years. Tax-saving mutual funds, which invest at least 80% of assets in equities, are essentially ELSS that offer tax benefits […]

Zerodha’s Nithin Kamath on the hard lessons for startups this funding winter

Startups rushing to raise more funds at higher valuations risk a difficult situation amid the current liquidity crunch as it narrows equity upside, said Zerodha CEO and co-founder Nithin Kamath. Liquidation preferences, which allow investors to recover their investment before anyone else in a business, need to be fine-tuned to match underlying fundamentals to succeed, […]

Tech View: Nifty forms Doji candle. What should traders do on Wednesday

The Nifty needs to hold above 17,717 zones to witness an upward move towards 17,850 and 17,950 zones, according to Chandan Taparia of Motilal Oswal. On the downside, support is placed at 17,620 and 17,550 marks. Volatility has sunk to hover at its lower band, with options data suggesting a shift in the trading range […]