NFO Launch: Axis MF launches Low Volatility 50 Index Fund
Axis Nifty500 Low Volatility 50 Index Fund will track 50 relatively less volatile stocks from the Nifty 500 universe, offering investors a rules-based approach to equity investing.
Axis Nifty500 Low Volatility 50 Index Fund will track 50 relatively less volatile stocks from the Nifty 500 universe, offering investors a rules-based approach to equity investing.
The hospitality company is diversifying beyond asset ownership, with Athiva, franchise and third-party operated properties driving its next phase of growth.
Redevelopment now accounts for 15% of Mumbai’s housing sales, as land scarcity, regulatory reforms and infrastructure upgrades accelerate the transformation of the city’s ageing housing stock.
Home prices have outpaced construction costs by 25 percentage points since 2021, with rising land values, stronger demand and higher input costs adding to the pressure on both buyers and developers.
Gold remains supported by central bank buying and its safe-haven appeal, while silver offers stronger return potential but comes with higher volatility.
With the August 31 deadline ending at midnight, ITR filings for AY 2026-27 have already surpassed last year’s total, with business and professional taxpayers still filing their returns.
Strong investment, resilient consumption and robust manufacturing and services activity lift Q1 growth, while a better monsoon outlook supports optimism for 7% GDP growth in FY27.
Gold loans are growing much faster than overall bank credit, with rising gold prices, conservative LTVs and strong collateral buffers supporting the segment despite risks in income-generating loans.
E-commerce spending per credit card stood at ₹10,772 in July, significantly higher than POS spending, while the total credit card base crossed 12.29 crore.
Ind-Ra expects bank credit growth to rise to 15% in FY27, while higher funding costs, muted margins and rising credit costs could weigh on profitability.