Indian equities surged nearly 2% and the rupee gained as traders reduced bearish bets following the US halting strikes on Iran. However, tempered optimism persists due to a lack of reciprocal statements from Tehran and ongoing reports of Iranian attacks, suggesting continued market volatility.
Holding mutual funds in SoA or demat: Which is better?
Mutual fund units can be held in Statement of Account or demat form. SoA mode offers simplicity for mutual fund-only investors avoiding extra charges. Demat