The fund aims to identify and invest in sectors and companies that are at the cusp of entering expansionary phase or are already in a long term expansionary phase. The fund will follow a dynamic top-down approach for portfolio construction.
In the Nifty 500 pack, 10 stocks gained over 3% and their closing prices crossed above their 200-day DMA (Daily Moving Average) on March 18,
Gold prices saw a slight increase on Thursday after hitting a one-month low. However, a strong dollar and the Federal Reserve’s hawkish stance limited further
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