Top 3 SIFs account for 70% of industry’s AUM in July; Edelweiss’ Altiva leads the pack

Four flexi cap mutual funds delivered single-digit returns over the last three years, while one posted a marginal negative return, according to ETWealth. In contrast, the top-performing flexi cap funds generated returns of up to 19.8% during the same period.

Strict action will be taken in frauds in name of land development: Bawankule

Indian immigrants are increasingly able to secure homes in the US soon after their arrival. With appealing mortgage conditions and reduced initial payments, owning a home becomes a realistic goal. The affordability of monthly mortgage payments, often on par with rental costs, encourages investment in real estate. Moreover, strong cultural emphasis on homeownership supports property…