Axis Mutual Fund launches 'Axis CRISIL SDL 2027 Debt Index Fund'
Axis Mutual Fund, one of the fastest growing fund houses in India, announced the launch of their new fund offer - 'Axis CRISIL SDL 2027 Debt Index Fund'.
Source: equitybulls.com
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States' borrowing cost rises 11 bps to 7.84%
Last week, the average cost fell by 17 bps (basis points) to 7.73 per cent to hit a nine-week low along with a rise in tenor.
Source: businesstoday.in
States' borrowing cost falls to nine-week low of 7.73%
Since the beginning of this fiscal year, states have been paying much higher for their market borrowings with the average yields sniffing at the 8-percentage-mark for many weeks.
Source: businesstoday.in