Franklin India launches NFO: New players can get wide exposure via multicap MFs

July 19, 2024

Franklin India Multicap Fund NFO ends July 22, has ₹5,000 minimum investment, and 1% exit load for redemptions within a year. It allocates 25% to large, mid, and small caps, balancing 25% optimally with a QGSV framework. Themes: energy transition, financialisation of savings, and economy formalisation. Managed by Janakiraman, Kalluri, Sebastian.

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Gold poised for weekly loss as US delays decision on Middle East involvement

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Vanguard Group buys 1.1% stake in Vishal Mega Mart for Rs 655 crore

Vanguard Group, a US-based investment management company, has acquired a 1.1 per cent stake in the supermarket chain Vishal Mega Mart for ₹655 crore through

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