With the tax-saving season approaching, investors are turning to ELSS mutual funds for their potential high returns. Over the past three years, some ELSS funds have delivered up to 22% XIRR on SIP investments. SBI Long Term Equity Fund led the category with a 22.20% XIRR.
Forex reserves jump to 2-month high with a $5-b weekly rise
India’s foreign exchange reserves surged to a two-month high of $640.5 billion as of February 21, with an increase of nearly $5 billion in a