India-focused offshore funds and ETFs delivered returns of up to 32.7% over three months, outperforming the MSCI India USD Index, which fell 12%. Taishin India led gains, followed by Aditya BSL, SBI Resurgent India Opportunities, AsahiLife Neuberger and Wasatch.
Monarch Mutual Fund set to enter MF space with maiden overnight fund; files draft with Sebi
Monarch Mutual Fund has filed draft papers with Sebi for its maiden scheme, an overnight fund investing primarily in one-day securities. The open-ended debt scheme