In 2023, when risk assets could seemingly do little wrong, several actively managed funds often trailed their respective benchmarks, in part explaining the flow of funds to passively managed corpuses through 2024. But as volatility rose and directional choppiness buffeted equity gauges through a tumultuous 2024, actively managed funds are very much back in the reckoning to justify the category tag – and the applicable management fees.
Mahi Madhusudan Kela, Authum Investment offer to buy Prataap Snacks 26% stake at Rs 865.66 per share
Prataap Snacks has received an open offer from Authum Investment & Infrastructure and Mahi Madhusudan Kela to acquire 26.01% equity at ₹865.66 per share, totaling