Thu, Feb 29, 2024 4:00 PM
Cabinet approves Nutrient Based Subsidy rates for Kharif season 2024
A Flip by Shubhangi Gupta
Bandhan Business Cycle Fund, a thematic fund, aims to generate long-term capital appreciation by dynamically investing in equity and equity-related instruments across sectors and stocks, riding business cycles. It's suitable for investors with a very high risk appetite for 5-7 years, with a benchmark of Nifty 500 TRI.
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Shares of GMR Airports Infrastructure (GIL) rose 3% in Tuesday’s session to its day’s high of Rs 93.31 on BSE after the company informed that it is set to acquire an additional 10% equity stake in Delhi International Airport (DIAL) for about $126 million. The seller of the stake in the transaction will be Fraport AG Frankfurt Airport Services Worldwide.
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While the mutual fund industry has been registering strong growth in terms of the total assets under management (AUM), a recent analysis by Fisdom Research has shown that the share of individual investors in the AUM pie has jumped eight-fold in the last 10 years – between FY14 and FY24.Further, the individual share in total AUM had reached 63 percent by June 2024, compared to 45% previously.
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