Consumption mutual funds have shown strong performance, offering an average return of 13.73% in three months. Kotak Consumption Fund led with a 17.97% return, while Tata India Consumer Fund delivered 16.90%. Experts attribute this to favorable economic conditions and strategic asset selection. Investors are advised to consider their risk tolerance before investing.
Tech view: Nifty breaks 25,500 resistance, forms long bull candle. How to trade on Monday
Nifty’s short-term trend is strongly bullish after Friday’s significant surge. A brief consolidation or pause is possible before further upward movement. The next upside target,
September 20, 2024