The Indian rupee strengthened for a third consecutive day, closing at 92.98 against the US dollar. This rise reflects anticipated unwinding of lender positions in overseas markets. The currency traded within a narrow range due to ongoing US-Iran negotiations. Central bank measures have helped stabilize volatility.
Multi-asset allocation mutual funds: Nippon India, HDFC feature among SIP top performers and laggards
Systematic investment plans (SIPs) across major equity fund categories have delivered returns over the past two years even as most benchmark indices struggled during the