Investment Opportunities
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Investing
Motilal Oswal Launches Four New Index Funds Targeting Mid & Small-Cap Growth
Motilal Oswal Mutual Fund has introduced four new index funds, targeting growth within mid and small-cap sectors, aimed at investors with a high-risk appetite. The new offerings are the Motilal Oswal Nifty MidSmall Healthcare, IT and Telecom, India Consumption, and Financial Services Index Funds. These funds are now open for subscription from October 29 to November 6. Recent research by…
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Business
Bikaji Foods Targets Expansion, Not for Sale
Indian snack manufacturer Bikaji Foods is not on the market for acquisition and is instead actively seeking to expand its presence in the growing savoury snacks industry in India, according to a statement from a senior executive. The savoury snacks sector in India has seen substantial growth as consumers increasingly indulge in packaged foods. “Bikaji is not for sale, no…
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Money
Axis Mutual Fund Introduces Manufacturing Fund
Axis Mutual Fund unveiled its latest offering on Wednesday – the ‘Axis India Manufacturing Fund.’ Scheduled to kick off on December 1, 2023, and run until December 15, 2023, the open-ended equity scheme is set to be benchmarked against the Nifty India Manufacturing TRI. The fund’s primary objective is to achieve long-term capital appreciation by strategically investing in companies operating…
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