Wealth managers say plain-vanilla arbitrage funds, liquid ETFs, and overnight or liquid funds are the best bets through the rough ride, garnering 6-7% annualised returns, and giving savers the flexibility to move to equities when the tide turns.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs