Financial planners recommended aggressive hybrid funds for first-time investors because they combine equity and debt, offering reduced volatility. The category manages ₹2.19 lakh crore of assets in 31 schemes and has favorable tax treatment. These funds are ideal for conservative investors seeking automatic asset allocation and moderate risk, with a minimum five-year investment horizon.
Suzlon Energy shares up 13.6% on rising profits
Suzlon Energy’s shares experienced a significant surge. This followed the company’s report of a fourfold profit increase for the March quarter. The company’s market capitalization