Sebi’s new asset class caters to investors with ₹10-50 lakhs, offering complex strategies like long-short equity and inverse ETFs previously limited to wealthier individuals. It aims to fill the gap between mutual funds and high-entry barrier investment options, promising better risk-adjusted returns but also carries higher costs and performance uncertainty.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend