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.
Bank of Maharashtra Q1 Results: Net profit jumps 23% YoY to Rs 1,593 crore
Bank of Maharashtra announced a net profit of Rs 1593 crore for Q1 June 2025, marking a 23% year-over-year increase. Total income rose by 16%