The best-performing fund in India in 2024 wasn’t one with exposure to Indian stocks. In fact, it was the Mirae Asset NYSE FANG+ ETF Fund of Fund (FoF), which delivered an astonishing 88% return for the year, earning the top spot among mutual funds. This remarkable performance was driven primarily by the impressive growth of … Read more
In a heavy asset business, GAAP accounting does a reasonably good job but when you start having important assets that you cannot touch and feel, GAAP accounting does not do so well, says Partner and CIO-U.S. Equities, The Oakmark Funds. You have been a value investor for a very long time and manage about $50 … Read more
Obviously with the kind of fund flows Reliance managed to get in the Jio platform, some rally was likely to happen but Rs 2,100 was the target of many analysts, one or two years down the line, says the analyst at asksandipsabharwal.com. What has been your take away on ICICI numbers?ICICI Bank results on a … Read more