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Read more about RailTel Corp spurts after Goldman Sachs, Nippon MF acquire stake on Business Standard. RailTel Corporation of India surged 18.49% to Rs 143.85 after Goldman Sachs India Fund bought 37,09,685 shares (or 1.15% stake) of the company at an average price of Rs 113.57 per share on Friday (26 February 2021).
ICICI Prudential Business Cycle new fund offer review: Should you invest? ICICI Prudential Business Cycle Fund will select a set of sectors first based on its reading of the economy and pick companies within those segments January 12, 2021 / 09:14 AM IST As with many in the investment world, ICICI Prudential Mutual Fund believes that an economic recovery is around the corner. And as if to reiterate its confidence in the revival, it has rolled out a new ICICI Prudential Business Cycle Fund (IPBCF). The fund’s NFO closes today, January 12, though it is an open-ended fund. Should you inve...
Even the hybrid funds are no exception as they too witnessed a net outflow of Rs 5,932 crore in December 2020, which is higher than Rs 5,249 crore witnessed in November last year