Mahindra Manulife Mutual Fund introduces MPOWER SIF, a new investment product. This fund aims to provide investors with unique strategies beyond traditional mutual funds. It will utilize derivatives and other tools for varied risk-return outcomes. The fund house plans to offer diverse strategies across equity, hybrid, and fixed income categories.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend