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Mahindra Mutual Fund has announced the launch of Mahindra Manulife Multi-Asset Allocation Fund, which is an open-ended scheme investing in equity, debt, gold, as well as exchange-traded fund, as well as exchange-traded commodity derivatives. Now, the NFO was open for subscription on the February 20th and will close on March 5th. It will subsequently reopen for continuous sale and repurchase from 15th of March. ....
Stocks that were in focus include names like Sobha Ltd which was up more than 16% to hit a fresh record high, Torrent Power gained more than 7% and Tata Consumer Products closed with gains of over 3% to hit a fresh record high. ....
In an interview with Zeebiz's Kshitij Anand, Bagri said that we have positioned our portfolio with larger weights in large-cap companies and reduced weights on companies with expensive valuations Get more Markets News and Business News on Zee Business. ....