PPFAS Mutual Fund has launched the Parag Parikh Large Cap Fund, offering cost-efficient exposure to India’s top 100 companies. The NFO targets long-term investors seeking index-like returns with low active risk and disciplined execution, while avoiding concentrated stock bets.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs