Axis Mutual Fund’s Karthik Kumar: Momentum is my counterfeit bet for the next 12 months

The fund manager of Axis Mutual Fund Karthik Kumar believes that momentum could surprise investors as a contrary theme in the next 12 months. Despite recent underperformance in the midst of rate and policy uncertainty, he expects the strategy to return. Kumar also emphasizes opportunities in NBFCs, consumer -discretionary, renewable energy sources and defense, while […]

Power Generation: India records the third highest growth of power generation; Behind only the US and China in the past five years – Times of India

India has emerged as the world’s third fastest growing country in terms of power generation capacity in the past five years, only after China and the United States, according to a recent report from the International Energy Agency (IEA). The report emphasized an increase in the demand for electricity in India, fed by rapid urban […]