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According to Bloomberg data, the Nifty Midcap 150 index currently trades at a price-earnings (P/E) multiple of 34.5 compared with its five-year average P/E of 33.7. The Nifty 50 index trades at the five-year average multiple of 24.6.
EDELWEISS LARGE CAP: The fund remains conscious of the benchmark while taking top-down sectoral calls and shuns cash calls. It usually runs positive active bets of 30-50%. The fund has exhibited a sharp outperformance over the past year.
INVESCO INDIA MID CAP: The funds preference is for growth-oriented, niche businesses, with strong cash flows, healthy balance sheets and management pedigree. Its portfolio size has now expanded to more than 60 stocks, compared to its earlier stance of running a compact portfolio. All you need to know before you invest
INVESCO INDIA MID CAP: The funds preference is for growth-oriented, niche businesses, with strong cash flows, healthy balance sheets and management pedigree. Its portfolio size has now expanded to more than 60 stocks, compared to its earlier stance of running a compact portfolio. All you need to know before you invest
As the financial year-end nears and companies seek proof from employees choosing the old tax regime which supports rebates and deduction, investors scout for options to save tax under Section 80C. An investor can get a tax benefit of up to Rs 1.5 lakh by investing in an equity-linked savings scheme (ELSS).