Kotak Mutual Fund has launched the Kotak Active Momentum Fund, leveraging an Enhanced Earnings Factor Model. This data-driven strategy focuses on companies with increasing profits, driven by analyst upgrades and positive earnings surprises. Back-testing reveals a strong CAGR and consistent outperformance, even during market volatility, offering a fundamentally grounded approach to momentum investing.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while