Multi-asset allocation funds that invest in a mix of three or more asset classes have been top performers over the past one year, outpacing pure equity funds and surprising many investors, as reported by ET Bureau.
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen
Asian equities rebounded, tracking US stock gains fueled by positive economic data, despite ongoing Iran war uncertainty. South Korea’s Kospi surged 11%, and the MSCI
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