Systematic Investment Plans (SIPs) in mutual funds are widely promoted as a simple and disciplined way to build long-term wealth. However, when markets turn volatile or portfolios show short-term losses, many investors begin to question whether SIPs would work in all conditions.
Axis Bank Q3 results: PAT rises 3% YoY to Rs 6,490 crore, NII grows 5%
Axis Bank announced its December quarter results. The bank’s standalone net profit saw a 3% increase, reaching Rs 6,490 crore. Interest income also grew by