Mutual fund debt exposure to NBFCs, which includes their subscriptions to short-term commercial papers (CPs) and corporate debt, has hovered over ₹2 lakh crore for more than six months. Their outstanding debt exposure touched ₹2.33 lakh crore in October 2024.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,