An investor aiming for a Rs 2 crore corpus in 15 years has a strong mutual fund SIP portfolio. While his current Rs 40,000 monthly investment shows promise, expert advice suggests minor tweaks to asset allocation for better diversification and risk management. Increasing SIPs annually or adding lump sums can help bridge the gap to his ambitious financial goal.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs