Recent analysis of over 400,000 mutual fund portfolios reveals that 65% fail to meet their benchmarks, causing long-term wealth erosion, especially for High Net-Worth Individuals (HNIs). The root causes include overwhelming choice, reliance on outdated portfolio management approaches, and overreliance on historical performance metrics, which are poor indicators of future returns, highlighting the need for modern, data-driven investment strategies.
HDFC Bank declares Rs 22 dividend for FY25, fixes June 27 as record date
HDFC Bank announced a dividend of Rs 22 per share for eligible shareholders, setting June 27, 2025, as the record date. The bank’s Q4 results