JioBlackRock Mutual Fund has launched its Large Cap Fund, aiming to generate long-term capital appreciation by investing predominantly in large-cap companies. The fund employs an active strategy combining human insight with AI and machine learning for stock selection and risk management. Experts advise a cautious approach to NFOs, suggesting a wait-and-watch strategy to assess performance over time.
Lok Sabha approves Finance Bill, tax rules eased
The Lok Sabha approved the Finance Bill, introducing enhanced tax authority powers and changes to share buyback taxation, capping the surcharge at 12%. The bill