Mirae Asset’s Diversified Equity Allocator Passive FoF achieved a 20% CAGR since launch, outperforming active large-cap funds. Its disciplined, cost-efficient, valuation-driven allocation across Nifty50, Next 50, and Midcap 150 ETFs drove this success, adapting to market cycles. The fund manager sees large caps as most balanced, with midcaps requiring caution.
Jensen Huang’s Nvidia exit raises fears over the future of AI financing
Nvidia CEO Jensen Huang’s reported departure rattled global markets, triggering concerns over the chipmaker’s leadership, AI investments and data-centre financing strategy. Nvidia shares tumbled, while