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Net Asset Value Net Asset Value or NAV is the cost of a single unit of a mutual fund. This is the price at which you buy or redeem units in a mutual fund. A mutual fund holds various assets on behalf of the investors, depending on its defined objective and equity/debt category. These can include shares, bonds, money market instruments, cash and derivatives.

Mint, B. Gopkumar, the CEO of Axis MF, discusses the fund house’s efforts to turn its story around. Edited excerpts: Over the last three or four quarters, we have restructured our portfolios.

Tata Motors Ltd has laid out an aggressive road map for the next few years, aiming to jack up its market share on the back of new launches andsharper focus on electric vehicles (EVs), though more competition and margin pressure may throw a wrench in its plans. In the domestic passenger vehicles (PV) business, Tata Motors plans to launch 5-6 new models, including four EVs, over the next two years starting with Curvv in FY25. The management expects India’s PV industry to touch 6 million units by FY30, a compound annual growth rate (CAGR) of 6%.

state government employees to the sitting MPs, party workers working against them, and the false narrative that the Constitution would be changed were among the prominent reasons cited by the BJP's Lok Sabha candidates of Uttar Pradesh for the party's poor performance in their respective seats, sources said. With the BJP managing to win only 33 seats in Uttar Pradesh in the 2024 elections, 29 seats down compared to the 2019 polls, the BJP's state unit has started looking into the reasons for its poor performance and is likely to submit a report to the central leadership by the end of this week. Besides seeking feedback from the candidates in a sealed envelope, the BJP has also formed a task force of 40 leaders to evaluate the party's performance in the 78 seats, sources said.

Saudi Arabia, authorities from their countries said on Sunday, as temperatures soar in the kingdom. «Fourteen Jordanian pilgrims died and 17 others were missing» during the performance of hajj rituals, Jordan's foreign ministry said in a statement.

It would seem bizarre that anyone would welcome new taxes, especially those that have to pay them. And I am guessing I am in the top one per cent of Canadian taxpayers. So, is what you are about to read an endorsement of Finance Minister Chrystia Freeland’s increase in the capital gains tax? Yes and no. The “no” is easy: We are all against new taxes. But it’s not that simple. And that’s the problem — no one is attempting to provide the whole picture, the understanding of which would help assess the merits of this particular tax initiative.

To help you find the right one, we have curated a list of the best Lenovo laptops in India which are equipped with the latest technology and powerful processors. Go through the article to find details about the best laptops, find the one that suits you and place your order using the given buying links.

Yogi Adityanath offered financial assistance to the family of two workers from Gorakhpur who lost their lives in a fire accident in Kuwait and to devotees who were injured in the recent terrorist attack on a pilgrims' bus in Jammu and Kashmir's Reasi. Recently, 45 Indians died in a fire in a multi-storey building in Kuwait. These included Angad Gupta, a resident of Jatepur North in Sadar tehsil area of Gorakhpur and Jairam Gupta, a resident of Bhammaur in the Campierganj tehsil area. Chief Minister Yogi Adityanath contacted the Ministry of External Affairs and the Indian Embassy in Kuwait and made arrangements to bring their bodies to their homes with respect.

NB: BSE Capital Goods index mostly consists of industrial equipment makers & service providers.Nifty & BSE Infra index is wisely diverse, consisting of energy, construction, power and equipment, transportation to tourism. BSE has performed better due to high exposure in PSUs & Midcaps.Capital Goods have outperformed infra stocks due to the lean capital requirement compared to the high long-term and working capital required by infra based companies. Their cash conversion cycle is longer due to the long period of inventory, manufacturing, EPC, and dependence on timely disbursement of government funds, which in total may take 2 to 4 months.

Melting Lotus. But there is more to them than meets the eye. In a cheeky aside, the artist has placed a circular hot plate on a wooden stand into which visitors can toss the flowers and see them melt.

cricket for a long while now except in franchise-based leagues," the source added.Afridi spoke about the “grouping" controversy in the Pakistan team.According to Shahid Afridi, separate “groups" have always existed in the Pakistan team, but that has never affected players’ performances on the field. It never happened that certain players did not perform under a particular player’s captaincy.“Babar has been unable to lead the team as he should have.

Indian banks have established themselves in a much stronger position, as balance sheets and profits have rebounded markedly, noted CLSA (formerly known as Credit Lyonnais Securities Asia), a capital markets and investment group. «We believe Indian banks are well placed after a rollercoaster decade. Balance sheets are the strongest they have been in over a decade, and profits have rebounded sharply (quadrupling in 10 years),» the firm added in its observation. It further added that the return on equity (ROE) of the Indian banking sector is the highest since the financial year 2011.

Nifty is stuck in a narrow range between 23300-23500, and a break on either side will lead to trending moves, says Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities. “The underperformance of BankNifty is preventing Nifty from moving higher; for Nifty to break on the higher side, BankNifty must start performing. The undertone remains bullish, and one should adopt a buy approach on a breakout above 23500, targeting 23,800-24,000,” he says.

Indian stock market: On Friday, the domestic benchmark equity indices Sensex and Nifty 50 closed the session in positive territory. The 30-share BSE Sensex concluded the session up by 181.87 points or 0.24 per cent at the level of 76,992.77, while the Nifty 50 finished at 23,465.60, marking an increase of 66.70 points or 0.29 per cent.In broader market movements, the Nifty Midcap 100 rose by 1.05%, and the Nifty SmallCap 100 gained 0.8%, both surpassing the performance of the benchmark indices.

BCCI confirmed Gambhir as India head coach on Thursday and the official announcement is expected to be made by the end of this week. The report states that the exact date of Gambhir's announcement as head coach will depend on India's performance during the World Cup.Also Read | Sunil Gavaskar blasts ICC for India vs Canada T20 World Cup match washout: ‘Don’t host matches where…'Gambhir has also reportedly asked to be allowed to choose his own support staff.

Eid-ul-Adha, a significant Islamic festival, is observed on the tenth day of Dhu-al-Hijjah, the last month of the Islamic lunar calendar. This festival, also known as the Feast of Sacrifice, is celebrated the day after the annual Hajj pilgrimage concludes. It commemorates Prophet Ibrahim's willingness to sacrifice his son, Ismail, as an act of obedience to Allah. At the moment of sacrifice, Allah replaced Ismail with a ram, symbolizing divine intervention and reward for unwavering faith.

Saudi Arabia. The ritual marks the final days of Hajj pilgrimage and the start of the Eid al-Adha celebrations for Muslims around the world. The stoning is among the final rites of the Hajj, which is one of the Five Pillars of Islam. It came a day after more than 1.8 million pilgrims congregated on a sacred hill in Mount Ararat outside the holy city of Mecca, which Muslim pilgrims visit to perform the annual five-day rituals of Hajj. The pilgrims left Mount Arafat on Saturday evening to spend their night in a nearby site known as Muzdalifa, where they collected pebbles they have used in the symbolic stoning of pillars representing the devil.

startups have laid off about 10,000 employees so far in 2024 with funding across stages continuing to be constrained, while companies hire talent cautiously with a focus on improving bottom lines early on in their lifecycle. The first half of 2024 has been better than the last six months of 2023, when around 15,000 workers were laid off, and the first half of 2023, when 21,000 lost their jobs, according to data from Longhouse Consulting.

Reasons to buyReasons to avoidThe Bajaj Rex 500-Watt Mixer Grinder is a popular choice known for its powerful performance. With its 500-watt motor, it offers efficient grinding of various ingredients. This mixer grinder is ideal for everyday use and comes with multiple jars for different functions.Reasons to buyReasons to avoidAlso read: Best mixer grinders in India: Top 10 options for effortless blending and grindingThe Bajaj GX 1 Mixer Grinder is a compact and versatile option suitable for small families.

T20 World Cup 2024 after USA vs Ireland match got washed out in rain. Pakistan was vouching for Ireland to win that game, which would have kept their hopes alive in the tournament. Babar Azam-led Pakistan faced a major upset in their opening game, where they faced a defeat against the USA in the Super Over.

What Doctors (Really) Think About Sex, Abortion and Virginity, and delved into the lack of gender sensitisation in medical textbooks. Her research further led her to Dr Suchitra Dalvie, gynaecologist and co-founder of Asia Safe Abortion Partnerships, which works for women’s sexual and reproductive health rights, who also wrote about dated medical textbooks. Suddenly, her experiences as a woman and queer person were beginning to make sense.