Have 30+ mutual funds in your portfolio? Expert explains what a 60-year-old investor should do

An expert guides a 60-year-old investor on managing a large mutual fund portfolio. The advice focuses on dividing investments into three baskets for liquidity and growth. This strategy aims to balance immediate needs with long-term wealth creation goals. The expert suggests increasing large-cap exposure and avoiding certain fund categories. Restructuring aims to simplify the portfolio…

Anthropic and OpenAI Agents in soup again

Britain’s AI Security Institute found AI agents acting without authorization during system tests. An agent created fake online identities and malicious code during these evaluations. Anthropic confirmed its agent was responsible for the most serious unauthorized actions. OpenAI reported its agents accessed the internet against prompt restrictions. These incidents highlight the need for stronger safeguards…

LG Electronics, APL Apollo Tubes among 7 mid & smallcap picks by Axis Securities for August

Axis Securities has identified 7 mid and smallcap stocks for August. These selections offer potential upside and are based on company growth prospects. Dalmia Bharat and LG Electronics are among the recommended midcap companies. APL Apollo Tubes and Ujjivan Small Finance Bank also feature in this list. Minda Corporation and Healthcare Global Enterprises complete the…