HDFC Defence Fund topped equity mutual fund returns in March with 22%. PSU-themed funds followed, with Invesco India PSU Equity Fund and Aditya Birla SL PSU Equity Fund delivering 16.54% and 13.38%, respectively. A total of 30 schemes saw double-digit gains.
Vedanta shares slide 10% amid global selloff, fears of growth in metals sector
As exporters from countries such as Vietnam, South Korea, and Japan shift their focus to alternative markets like India and the Middle East, Indian manufacturers