Retail investors are increasingly investing in fund of funds (FoFs) due to tax benefits, diversification, and easy access to multiple fund managers. Inflows have surged this financial year, driven by post-budget tax rule changes. FoFs offer flexibility in asset allocation and fund manager selection, though they come with an additional layer of expense.
Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out
Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The