Top smallcap mutual funds delivered strong three-year returns of up to 27%, led by Bandhan Small Cap Fund. Passive small cap index funds and actively managed schemes dominated the top performers, while several established funds lagged with negative returns, highlighting wide divergence in small cap fund performance.
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