Franklin India Multicap Fund NFO ends July 22, has ₹5,000 minimum investment, and 1% exit load for redemptions within a year. It allocates 25% to large, mid, and small caps, balancing 25% optimally with a QGSV framework. Themes: energy transition, financialisation of savings, and economy formalisation. Managed by Janakiraman, Kalluri, Sebastian.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20