Investment advisors said this ETF is suited for investors with higher risk appetite because, unlike a diversified equity fund, this product has 15 stocks with the top holdings being Tata Steel, Hindalco, JSW Steel, Adani Enterprises and Vedanta. Moreover, returns from sectoral indices tend to be lumpy. At the same time, it is less risky than holding individual stocks.
Bharti Hexacom shares zoom 4% after Q3 PAT, revenue jump over 20% YoY
Bharti Hexacom shares rose 3.8% after the company reported a 23% increase in net profit, reaching Rs 261 crore, and a 25% rise in revenue