Madhusudan Kela’s portfolio: Top 5 holdings and how they performed in August

Turkey’s KAAN fighter program is advancing rapidly with prototype testing and planned deliveries. India’s AMCA program faces delays in engine selection and stealth material development. The KAAN’s multi-prototype strategy accelerates its development timeline significantly. India’s AMCA first flight is unlikely before the early 2030s. This progress gap could leave India behind in fifth-generation fighter capabilities.

Retail investors turned into net sellers of SpaceX shares as of August 7, marking the end of a buying frenzy. This change coincided with a stock price recovery, indicating that individuals may be taking profits. The shares have struggled post-IPO, dropping beneath the initial offering price. Investors who were hopeful at the launch might now…

Novak Djokovic never likes to get eliminated early in a tournament. In this case, he is looking on the bright side. The 39-year-old who holds the record with 24 Grand Slam titles goes into the U.S. Open fresh off losing his first match at the Cincinnati Open earlier this month. That was his first action…