Axis Mutual Fund has launched the Axis Income Plus Arbitrage Passive FOF, an open-ended scheme aiming for tax-efficient returns by blending passive debt and arbitrage strategies. This new fund offer targets investors seeking stability and predictability, with a focus on post-tax gains over a medium-term horizon.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj