Passive MF schemes, especially those tracking the Nifty 50 and Sensex, will need to offload their holdings in ITC Hotels as the stock will be excluded from these indices
Going forward, the earnings season, which starts this week, will provide further cues to the market
"Margins of large cap companies are expected to remain positive between 10 to 100 bps sequentially as wage hike impact has been factored in the first half of financial year 2025 H1FY25"
While Monarch Networth Capital filed its application on December 31, 2024, ASK Investment Managers had applied in October 2024
Fund house expects similar returns from gold, debt
In one year, PVR Inox has underperformed the market by falling 24 per cent, as compared to the 9 per cent rise in the BSE Sensex.
Angel One, Unifi set to launch first fund this year; four more likely to secure licence this year