A Prabhudas Lilladher (PL) study revealed that 78% of value, contra, and dividend yield funds outperformed their benchmark, the NIFTY 500 – TRI. Specifically, 25 out of 32 schemes surpassed the index. In the largecap mutual fund category, 58% schemes outperformed the S&P BSE 100 – TRI, with 18 out of 31 active large-cap funds delivering higher returns.
Union Bank of India approves plan to raise up to Rs 20,000 crore via long-term bonds
Union Bank of India will raise funds through bond issuances. The bank’s committee approved long-term bonds worth twenty thousand crore rupees for infrastructure and affordable