Systematic investment plans (SIPs) across major equity fund categories have delivered returns over the past two years even as most benchmark indices struggled during the period. Here are the top three performers and three laggards, as reported by ETBureau.
The IPO is expected to remain open until October 23, with the anchor book likely to open on October 19. The shares are targeted to list on the stock exchanges on October 28, although the timeline remains subject to market conditions and could change depending on developments in financial markets, the report added.
The Rule of 72 is a tool that assists investors in estimating investment growth duration. By dividing the rate of return into 72, one can predict how long doubling their investment will take. It is particularly beneficial for understanding compound interest and the impact of inflation. Additionally, the method can determine the required rate of return to double an investment in a specified timeframe.
The momentum had picked up sharply from August, after a muted first four months of FY27, as stronger listing gains and steady liquidity pulled investors back into new issues.
