The details will be finalised after broader stakeholder consultations. “The government has studied the best practices of several jurisdictions and a similar, if not the same, insolvency mechanism is followed in the UK,” said an official aware of details. “Various aspects and structures of the planned framework are being examined and a final decision would be taken in due course.”
HDFC Defence Fund top performance chart in March with 22% return
HDFC Defence Fund topped equity mutual fund returns in March with 22%. PSU-themed funds followed, with Invesco India PSU Equity Fund and Aditya Birla SL