Five mutual funds, including HDFC, SBI, Kotak, Axis, and ICICI Prudential, completely exited seven midcap stocks in December, adjusting portfolios to optimize returns amid market movements.
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,
Reliance Jio’s proposed Rs 37,700-crore IPO has received Sebi approval, bringing the much-awaited listing closer. While the offering could value Jio Platforms at nearly Rs
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