Launched in June 2004, the scheme has consistently outperformed its benchmark, the Nifty 500 – TRI, delivering impressive returns. Over a decade, the scheme provided a 17.04% return compared to the benchmark’s 15.27%. In the past five years, it yielded 21.14%, surpassing the benchmark’s 19.76%. The scheme achieved a remarkable 25.78% return over three years, whereas the benchmark returned 19.81%.
US stocks: Bumble shares surge 52% on reports of $1 billion privatisation talks
Bumble is reportedly in advanced negotiations for a private acquisition by Ithaca Holdings, which values the company at approximately $1 billion. This potential acquisition follows