In simple terms, the net selectivity ratio is a measure of a portfolio manager’s stock-picking skills. It looks at how well the manager can choose individual securities that outperform their benchmarks or market indexes. The ratio isolates the returns that arise purely from the active selection of securities rather than external market factors like overall economic conditions or trends within a sector.
Kumar Arch Tech files draft papers to raise Rs 740 crore via IPO
Kumar Arch Tech, a manufacturer of PVC blend-based building materials, has filed for an IPO to raise Rs 740 crore. The IPO includes a fresh