The HDFC Large and Mid Cap Fund which was launched in February 1994 has delivered absolute returns of 21.54% which is slightly higher than the returns given by its benchmark Nifty Large-Midcap 250 Index (TRI) at 20.75%. Its CAGR returns since inception stand at 12.82%.
Gold rises but investors stay cautious about ‘hawkish’ Fed tone
Gold prices saw a slight uptick on Tuesday, despite a minor dip in expectations for U.S. interest rate cuts. Investors are cautiously awaiting the Federal