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Market move● Neutral for Indian equities
SBI Flexicap among 5 flexi-cap mutual funds that delivered single-digit returns in 3 years. Check details
The brief
- Five flexi-cap funds delivered single-digit returns over three years
- SBI Flexicap and UTI Flexi Cap returned 6.4% to 7.8%
- The subdued three-year returns may matter to investors in SBI and UTI flexi-cap funds
- Bank branches shut on September 26 for fourth Saturday; public banks and RRBs operate September 27
- NSE's next growth leg: New products, newer markets, more technology
- Bank strike from September 28: SBI, Bank of India urge customers to complete key transactions in advance
- Credit-card spending growth slows to 5.5% in August; SBI Cards loses share
- Runwal Ent IPO: Concentration risk, poor cash flows keep experts 'neutral'