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HDFC Mutual Fund launched HDFC Income Plus Arbitrage Omni FOF, an open-ended scheme investing in arbitrage and debt-oriented funds. The NFO, open until March 11, dynamically manages allocation based on market outlook. This tax-efficient fund aims to provide income potential with risk management.
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Eight small-cap mutual funds delivered low consistency over the past five years, with performance scores ranging from 19% to 46%. Despite moderate risk, returns varied, with five-year CAGRs between 18% and 23%, highlighting uneven investor outcomes.
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News and Media
BSE and National Stock Exchange fined Shipping Corporation of India Rs 5.42 lakh each for violating Sebis board composition norms. The PSU said operations remain unaffected, even as it reported sharp profit growth and strong stock performance.
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News and Media
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