Investing in mutual funds during Samvat 2081 can yield substantial returns, especially with a long-term strategy. Focus on large cap funds for lump sum investments due to reasonable valuations, and use SIP for mid and small cap funds as valuations improve. Consider risk tolerance and investment horizon.
HDFC Bank cuts MCLR by 5 bps, Bank of Baroda raises 3-month rate by 10 bps
HDFC Bank reduced its lending rates by five basis points across maturities. Bank of Baroda will increase its three-month lending rate by ten basis points.