HDFC Bank, RIL, and Eternal among top 10 stock holdings of HDFC Mutual Fund in June
HDFC Mutual Fund held top positions in ICICI Bank, HDFC Bank, Axis Bank, RIL and Eternal in June. Check the fund house’s top 10 stock holdings and portfolio changes.
HDFC Mutual Fund held top positions in ICICI Bank, HDFC Bank, Axis Bank, RIL and Eternal in June. Check the fund house’s top 10 stock holdings and portfolio changes.
Around 59% of stocks in the large & midcap universe are trading more than 20% below their all-time highs following the recent correction, creating an attractive entry point for long-term investments, according to an internal study by Abakkus Mutual Fund. The study says the current market environment has strengthened the investment case for large and…
ET Now caught up with KV Kamath, Chairman, ICICI Bank, for his expectations from the Narendra Modi government as well as the Budget. Excerpts: ET Now: Talking of expectations from Narendra Modi, do not you think too much hope and money in essence is riding behind one man? Despite his good intentions, there are structural…
CNBC’s Jim Cramer on Monday said that investors should not be afraid of the latest rotation in the market, arguing that the move has created chances to buy good companies that have fallen because of institutional selling. Cramer, a former hedge fund manager and the host of CNBC’s Mad Money, said Monday’s market action was…
If you are paying rent of more than ₹50,000 a month, you need to deduct TDS before making the payment to your landlord. The Income Tax Act places TDS obligations on tenants paying high monthly rent. The rules are laid down under Section 194-IB of the Income Tax Act, 1961. Failure to comply can result…
Mumbai: Indian equities ended higher on Wednesday, tracking a broader rally across Asian markets, after a softer-than-expected US inflation reading fuelled hopes that the Federal Reserve may not need to raise interest rates as sharply as feared. However, gains remained capped as oil prices hovered around $85 a barrel following a third round of US…
Despite improved repayment behaviour and positive trends supporting consumer lending, credit card penetration in India is low compared to many other developing countries. India has 5.2 crore credit cardholders, which is just 25% of the overall credit-active population of about 25 crore, Bhavesh Jain, TransUnion CIBIL MD and CEO said, adding that developed and developing…