Zerodha Fund House introduces a Multi Asset Passive FoF. It allocates to gold, G-Secs, largecap, and midcap ETFs. This fund simplifies investing across asset classes. It suits beginners and those wanting portfolio consolidation. The fund aims for long-term, risk-adjusted returns. Zerodha emphasizes simplicity and accessibility through tech solutions. They foresee growth in thematic ETFs but focus on core passive funds.
Axis Bank set to raise $700 million through ECB swap facility
Axis Bank is set to secure seven hundred million dollars through a dedicated external commercial borrowing facility. This loan features two tranches with tenures of