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Axis Mutual Fund has launched the Axis Income Plus Arbitrage Passive FOF, an open-ended scheme aiming for tax-efficient returns by blending passive debt and arbitrage strategies. This new fund offer targets investors seeking stability and predictability, with a focus on post-tax gains over a medium-term horizon.
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News and Media
Global markets are surging on hopes of a US-China trade deal. Sudip Bandyopadhyay believes this rally is sentiment-driven, with both nations needing an agreement. However, he urges caution as only the US has spoken. A deal could impact India's 'China-plus-one' strategy, requiring India to sharpen its competitive edge and leverage its large domestic market.
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News and Media
Ace investor Rekha Jhunjhunwala has significantly increased her stake in Federal Bank, acquiring an additional 2.3 crore shares in Q2 FY26. This move precedes Blackstone's substantial $705 million investment, positioning the US private equity firm as the bank's largest shareholder. Brokerages are bullish on Federal Bank following these developments.
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News and Media
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