The Indian Rupee has recovered from its historic low against the US Dollar. This rebound comes as the dollar index weakened. Forex traders noted broad dollar weakness contributed to the Rupee’s gain. Geopolitical uncertainties and capital outflows continue to pressure the Rupee. A pending trade agreement with the US remains a key stabilizing factor.
HNIs turn to hybrid debt funds, SIFs for higher post-tax returns
Rich investors are exploring niche mutual funds and specialized investment funds. These products offer higher returns and better tax efficiency for portfolios. Funds bundle debt,