Indian Startups and Legacy Brands Bet Big on Lab-Grown Diamonds—Here’s Why

When you think of diamonds, names like Tiffany & Co. and De Beers might come to mind, given their longstanding dominance in the global industry. However, India’s association with diamonds dates back to the 5th century BC, with mentions in ancient Sanskrit texts from 320 to 296 BC.

For centuries, India was the world’s primary source of diamonds, only to be overtaken in the late 1720s when Brazil discovered its own deposits. Despite losing its position as a major producer, India remains the largest exporter of cut and polished diamonds. Now, a new shift is taking place, making India a focal point in the diamond industry once again—this time through lab-grown diamonds.

The Rise of Lab-Grown Diamonds in India

Lab-grown diamonds, once met with scepticism, have gained widespread acceptance due to their striking similarity to natural diamonds in appearance, composition, and structure. While both share identical chemical properties, their key differences lie in their formation, rarity, and environmental impact.

  • Natural diamonds: Formed deep within the Earth’s mantle over billions of years under extreme heat and pressure, brought to the surface by volcanic eruptions.
  • Lab-grown diamonds: Created in controlled environments using advanced processes like Chemical Vapor Deposition (CVD) and High-Pressure High-Temperature (HPHT), replicating natural formation using pure carbon, high pressure, and extreme heat.

Though indistinguishable in appearance, natural diamonds typically retain higher resale value, while lab-grown alternatives are more affordable and considered environmentally sustainable.

Indian Brands Capitalising on the Trend

The affordability and ethical appeal of lab-grown diamonds have driven several Indian brands, both legacy and emerging, into this space.

  • Trent (Tata Group subsidiary, Pome): Entering the lab-grown diamond market.
  • Senco Gold: Expanded into this space through its subsidiary, Sennes Fashion Limited.
  • D2C brand Giva: Exploring ways to strengthen its lab-grown offerings.
  • Startups like True Diamond, Solitario Lab Grown, and Aukera: Raising funds to tap into this booming market.

Key Drivers Behind the Surge

1. Affordability

Lab-grown diamonds are significantly cheaper than natural diamonds. As the carat size increases, the price difference becomes even more pronounced:

  • Small lab-grown diamonds are around 60% cheaper than natural ones.
  • A one-carat lab-grown solitaire can be up to 90% cheaper.
  • Larger solitaires (3 to 5-carat stones) can cost 95% less than their natural counterparts.

2. Superior Quality and Designs

In recent years, the quality of natural diamonds has seen a decline:

  • Many have lower clarity (often graded as SI, meaning they contain visible inclusions).
  • Their colour grades have dropped, with many now falling in the J, K, I1, or I2 ranges.

Lab-grown diamonds offer superior clarity and colour, giving buyers access to higher-quality stones at a fraction of the price.

3. Ethical and Environmental Considerations

Consumers are becoming more conscious of the environmental and ethical impact of diamond mining:

  • No mining required: No land destruction or labour exploitation.
  • Lower carbon footprint: While lab-grown diamonds still require electricity, many manufacturers are transitioning to renewable energy sources like solar power.

Conclusion: Future of Lab-Grown Diamonds in India

India’s diamond traders are witnessing a paradigm shift, and the trend of lab-grown diamonds is only expected to grow. As more brands and startups enter this space, the country is poised to become a major player in this sector, making diamonds more accessible, ethical, and sustainable for consumers worldwide.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

7 Companies See Lock-in Expiry: Over 150 Million Shares Become Eligible for Trade

A shareholder lock-in period restricts the sale of shares for a certain duration post-listing, often implemented to prevent market volatility. However, the end of the lock-in does not imply that all these shares will immediately enter the market—only that they become eligible for trading.

Let’s take a closer look at the 7 companies experiencing lock-in expiry on Monday, March 3.

1. Dr Agarwal’s Eye Hospital

Dr Agarwal’s Eye Hospital, a relatively recent listing, has remained largely stable around its IPO price. On Monday, approximately 1.1 crore shares (3% of its outstanding equity) will become eligible for trade.

2. Ecos (India) Mobility

Ecos (India) Mobility will see 3 crore shares (50% of its outstanding equity) becoming eligible to trade as its 6-month lock-in expires. Since its post-listing high of ₹593, the stock has suffered a sharp 70% decline.

3. Orient Technologies

With its six-month lock-in coming to an end, 8 lakh shares (2% of its outstanding equity) will become available for trade. The share price of Orient Technologies has declined by half from its post-listing peak.

4. Exicom Telesystems

Once a much-hyped IPO, Exicom will witness the end of its 1-year lock-in, making 4.35 crore shares (36% of its outstanding equity) eligible for trade. The stock has seen a 70% correction from its post-listing high and is now trading close to its IPO price of ₹142.

5. Vishnu Prakash R Punglia

A significant 2.5 crore shares (20% of its outstanding equity) will become eligible for trading as its 1.5-year lock-in expires. Despite being 53% below its post-listing peak, Vishnu Prakash R Punglia continues to trade 60% above its IPO price of ₹99.

6. Aeroflex Industries

Aeroflex Industries will see 2.6 crore shares (20% of its outstanding equity) becoming tradable as its extended lock-in period ends. The stock has experienced a 37% decline from its post-listing high of ₹272.

7. Pyramid Technoplast

As its 1.5-year lock-in period expires, 74 lakh shares (20% of its outstanding equity) will be free for trade. Pyramid Technoplast has dropped 35% from its peak price of ₹259.

Conclusion

The expiry of lock-in periods often brings liquidity to stocks but does not necessarily mean immediate selling pressure. Investors typically monitor such events to gauge potential supply influx and price movements. As these 7 stocks become eligible for trading, market participants will be keenly watching their performance in the coming days.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Gold and Silver Prices Trade Higher: Check Rates in Your City on March 3, 2025

On March 3, 2025, gold prices increased in both the global and domestic markets. In the international market, spot gold prices have increased by 0.13%, reaching $2,863.28 as of 11:22 AM. In the domestic market, gold prices have surged by nearly ₹400.

In India, gold prices have increased by ₹390 per 10 grams across major cities on 3rd March 2025.

In Mumbai, 24-carat gold is priced at ₹8,470 per gram, while 22-carat gold now costs ₹7,764 per gram. The 24-carat gold price stands at ₹84,700 per 10 grams as of 11:22 AM.

In Delhi, the price of 22-carat gold is currently ₹77,504 per 10 grams, while 24-carat gold is trading at ₹84,550 per 10 grams.

Gold Prices Across Major Indian Cities on March 3, 2025

Here is a detailed breakdown of gold prices as of March 3, 2025:

City 24 Carat Gold (per 10gm in ₹) 22 Carat Gold (per 10gm in ₹)
Chennai 84,940 77,862
Hyderabad 84,830 77,761
Delhi 84,550 77,504
Mumbai 84,700 77,642
Bangalore 84,760 77,697

 

Silver Prices in India on March 3, 2025

The international silver price has increased by 0.18% to $31.21 as of 11:22 AM. In India, silver prices have surged by ₹500 per kilogram.

Silver Prices Across Major Indian Cities

 

City Silver Rate in ₹/KG 
Mumbai 94,600
Delhi 94,430
Kolkata 94,470
Chennai 94,870

Key Takeaways

  • Gold Prices: Both 22-carat and 24-carat gold prices have risen across major Indian cities. Gold is trading higher in international markets.
  • Silver Prices: Silver prices have increased in both international and domestic markets.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Som Distilleries Expands Footprint with Greenfield Project and Fundraising Initiative

Som Distilleries and Breweries Limited (SDBL) has announced a major expansion move through its subsidiary, Woodpecker Greenagri Nutrients Private Limited. The company is setting up a greenfield project at Khimsepur, Farrukhabad in Uttar Pradesh, comprising a brewery, distillery, and other manufacturing facilities. The project, with an estimated investment of ₹600 crore, is expected to strengthen the company’s market presence across India.

The share price of Som Distilleries was trading 1.70% lower as of 10:59 AM on March 3, 2025

Strategic Location and Market Potential

The project will be built on a 40-acre land parcel allocated by the Uttar Pradesh State Industrial Development Authority (UPSIDA). Uttar Pradesh, being one of the largest consumer markets in the country, offers a promising opportunity for expansion. The state’s favourable industrial policies and vast customer base make it an attractive destination for the company’s next phase of growth.

Regulatory Approvals and Project Timeline

While the company has secured land for the project, construction will commence following necessary regulatory approvals from the Uttar Pradesh government. The move is aligned with Som Distilleries’ broader vision of becoming a truly pan-India player in the alcoholic beverages industry.

Board Approves Preferential Issue for Fundraising

In a parallel development, the Board of Directors of Som Distilleries has approved a preferential issue to raise capital. The company will issue up to 20 lakh equity shares at ₹112 per share (including a premium of ₹110) to its identified promoter group. This fundraising initiative is aimed at meeting the company’s operational and expansion needs.

Objectives of the Fundraising Initiative

The funds raised through this preferential issue will primarily be used for:

  • Working Capital: To support the increasing demand for capital as the company expands its geographical reach, especially during peak seasons.
  • Operational Expenditure: Covering costs related to marketing, salaries, utilities, maintenance, commissions, and other recurring expenses.
  • General Corporate Purposes: Ensuring financial stability and positioning the company for further growth opportunities.

Conclusion 

With its ambitious expansion strategy and fresh capital infusion, Som Distilleries is reinforcing its presence in the Indian market. The greenfield project in Uttar Pradesh is a significant step towards tapping into a high-consumption region, while the preferential issue aims to strengthen the company’s financial position.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Adani Power Share Price Reacts to ₹80.46 Crore GST Demand Notice

Adani Power Limited (APL), a subsidiary of the Adani Group, is the largest private-sector thermal power producer in India. With an operational capacity of 17.55 GW, its power plants are strategically spread across Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Gujarat, Madhya Pradesh, Tamil Nadu, and Jharkhand. s.

GST Demand Order: A Legal Dispute in Progress

Adani Power recently disclosed a demand order issued by the Joint Commissioner of State Tax, Nava Raipur, Chhattisgarh, under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements. The order concerns a GST demand of ₹80.46 crore for the financial year 2020-21, primarily attributed to an alleged non-reversal of GST credit. Additionally, an interest demand of ₹69.24 crore and a penalty of ₹8.05 crore have been imposed.

However, the company has refuted the claims, deeming the demand erroneous. Adani Power has announced its intention to explore legal remedies, including a rectification application and an appeal. Despite the significant financial implications, the company has reassured stakeholders that the order does not impact its financial, operational, or other activities.

Adani Power Share Price Performance

As of 10:34 AM on March 3, 2025, Adani Power’s share price was trading flat, up marginally by 0.09%. The stock hit an intraday high of ₹497 on the NSE. The 52-week high and low for the stock have been ₹895.85 and a low of ₹432.

February saw a 6.7% decline in the stock price, contributing to a 9.05% drop on a year-to-date (YTD) basis. 

Q3FY25 Financial Performance

In its latest earnings report for the third quarter (Q3) of the financial year 2024-25, Adani Power posted an 11.7% rise in consolidated net profit, reaching ₹3,057.21 crore compared to ₹2,737.96 crore in the same period last year. On a sequential basis, net profit saw a modest growth of 2.5% from ₹2,985.88 crore in Q2FY25.

Consolidated revenue from operations recorded a 5.2% year-on-year (YoY) increase, reaching ₹13,671.18 crore, up from ₹12,991.44 crore. However, on a sequential basis, revenue declined by 8.4% from ₹14,933.80 crore in the previous quarter, indicating short-term challenges in revenue generation.

Conclusion

While Adani Power continues to showcase resilience with steady profit growth, concerns over regulatory demands and revenue declines have led to fluctuations in its share price. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

NSE and Market Infrastructure Institutions Successfully Implement Direct Payout Settlement for Securities

The Market Infrastructure Institutions (MIIs), which include exchanges, clearing corporations, and depositories, have successfully rolled out the Direct Payout Settlement mechanism for securities. Implemented on February 25, 2025, under the guidance of the Securities and Exchange Board of India (SEBI), this initiative aims to enhance operational efficiency, market transparency, and investor protection.

This system ensures the direct credit of securities to investors’ demat accounts, removing intermediaries and streamlining settlement processes. By adopting this mechanism, the MIIs strengthen market integrity and efficiency, providing a seamless experience for investors.

What is the Direct Payout Settlement Mechanism?

The Direct Payout Settlement is a method where securities purchased by investors are credited directly into their demat accounts without additional processing delays. Traditionally, the securities settlement process involved intermediaries, which occasionally led to inefficiencies. However, with this new framework, investors can now receive their securities without unnecessary delays or manual intervention.

Key Benefits of the Initiative

  • Greater Transparency: Direct settlements improve visibility in transactions, eliminating unnecessary complexities.
  • Operational Efficiency: Faster credit of securities reduces the risk of settlement failures and delays.
  • Enhanced Investor Protection: Ensuring investors receive their securities directly strengthens trust in the capital markets.
  • Market Integrity: The streamlined process fortifies the financial ecosystem, making transactions more secure.

National Stock Exchange’s Role in Market Innovation

The National Stock Exchange of India (NSE) played a crucial role in this transition, leveraging its technological expertise. Since its inception in 1994, NSE has been a pioneer in electronic trading, and it continues to maintain its position as India’s largest stock exchange by turnover. The exchange is also globally recognised, ranking as the largest derivatives exchange by trading volume in 2024, according to the Futures Industry Association (FIA).

With its integrated business model, NSE facilitates:

  • Exchange listings and trading services
  • Clearing and settlement solutions
  • Market data and indices
  • Financial education initiatives

By implementing the Direct Payout Settlement, NSE reinforces its commitment to modernising financial markets and improving investor confidence.

NSE Clearing’s Role in Market Stability

As the first clearing corporation in India, NSE Clearing Limited has been instrumental in introducing settlement guarantees. Established in 1995, it ensures that all transactions are processed smoothly and that market participants receive their securities reliably. NSE Clearing has also gained international recognition as a Qualified Central Counterparty (QCCP) by SEBI and Third Country CCP (TC-CCP) status from both the European Securities Market Authority and the UK’s Temporary Recognition Regime.

Conclusion

The successful implementation of the Direct Payout Settlement mechanism is a significant step forward in improving efficiency and transparency within the Indian capital markets. By eliminating unnecessary intermediaries and ensuring direct credit of securities, this initiative marks a new milestone in investor protection and market integrity. As MIIs continue to drive innovation, investors can look forward to a more seamless and secure trading experience.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Transformers and Rectifiers (India) Limited Secures Order From Adani Group

Transformers and Rectifiers (India) Limited (TARIL), a leading transformer manufacturer in India, has recently secured domestic and international orders amounting to ₹350 crore. 

These contracts involve the supply of transformers and reactors for the Adani Group in India and international clients in Iraq and Australia. The orders will be executed by the next financial year, reinforcing TARIL’s market presence.

Domestic Order from Adani Group

TARIL has received a domestic order worth ₹272 crores, including GST, from Adani Group. The contract involves manufacturing and supplying transformers and reactors. The project, classified under normal business operations, does not involve any related-party transactions. The delivery is scheduled for completion by the next financial year. This order further strengthens TARIL’s position in the Indian transformer industry.

International Orders from Iraq and Australia

The company has also secured export orders from Al Sabha Group in Iraq and Powerlink Queensland in Australia, amounting to ₹78 crore. The contract covers the supply of transformers, which are set to be delivered within the next financial year. These international deals reflect TARIL’s growing global footprint and commitment to high-quality production standards.

TARIL Share Performance

As of February 21, 2025, at 10:00 AM, the shares of TARIL are trading at ₹379.00 per share, reflecting a decline of 1.7% from the previous day’s closing price. Over the past month, the stock has registered a loss of 7.56%.

Conclusion

With these new contracts, TARIL continues to solidify its reputation as a key player in the transformer manufacturing sector. The company remains committed to delivering world-class products through its extensive infrastructure and skilled workforce.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Excelsoft Technologies Files for ₹700 Crore IPO with SEBI

Excelsoft Technologies Ltd., a vertical SaaS company focused on the learning and assessment market, has filed its draft red herring prospectus (DRHP) with SEBI for an Initial Public Offering (IPO). The company plans to raise ₹700 crore, which includes a fresh issue of ₹210 crore and an offer for sale (OFS) of ₹490 crore by its promoters, Pedanta Technologies and Dhananjaya Sudhanva. 

Anand Rathi Advisors is managing the IPO, and the shares are expected to be listed on BSE and NSE.

Use of IPO Proceeds

The proceeds from the fresh issue will be used for:

  • Purchasing land and constructing a new building in Mysore.
  • Upgrading the company’s IT infrastructure, including software, hardware, and network systems.
  • Upgrading the external electrical systems at its existing facility.
  • General corporate purposes.

Pre-IPO Placement Consideration

Excelsoft may explore a pre-IPO placement of up to ₹270 crore. If this takes place, the size of the fresh issue and/or the OFS will be reduced accordingly.

Company Overview

Excelsoft Technologies has been in operation for over 20 years, providing technology-based solutions in the learning and assessment space. As of December 31, 2024, it serves 71 clients across 17 countries, including the USA, UK, India, Singapore, Australia, Japan, Malaysia, Saudi Arabia, UAE, and Canada.

Some of its clients include Pearson Education, Inc., AQA Education, Colleges of Excellence, NxGen Asia PTE LTD, Ascend Learning LLC, and Brigham Young University-IDAHO.

Financial Performance

In FY24, Excelsoft reported revenue from operations of ₹198.3 crore, with a profit after tax (PAT) of ₹12.75 crore. According to its draft papers, there are no listed companies in India with a business model or segment contribution directly comparable to Excelsoft.

Conclusion

Overall, the IPO will help provide Excelsoft Technologies with capital to support its expansion and operational upgrades, while offering existing shareholders an opportunity to divest part of their holdings.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Piramal Enterprises Faces ₹1,502 Crore GST Demand Notice Over Pharma Sale

Piramal Enterprises Ltd (PEL) has received a tax demand of ₹1,502 crore from the Maharashtra GST Department related to the sale of its pharmaceutical business to Piramal Pharma Ltd (PPL) in the financial year 2020-21. The order, issued on February 27, 2025, includes tax, interest, and penalties.

Following the announcement, shares of Piramal Enterprises Ltd fell 2.11% to ₹854.00 as of March 3, 12:04 PM. Over the past month, the stock has declined 15.78%, while it has dropped 11.67% over the past year.

Breakdown of the Tax Demand

The tax demand is based on the department’s contention that the sale was an “itemized sale” rather than a “slump sale.” A slump sale involves transferring a business undertaking without assigning values to individual assets and liabilities, while an itemized sale involves separately valuing different components of the transaction. 

The department has applied an 18% GST on the ₹4,487 crore deal. The penalty imposed amounts to ₹83.71 crore. The demand also includes tax on proceeds from the sale of investments, which are typically outside the scope of GST.

Company’s Response

Piramal Enterprises has stated that it believes the demand is unjustified and that it has strong legal grounds to challenge the order. The company has indicated that it will take the necessary steps to contest the demand and expects the order to be set aside. 

It also stated that the tax demand will have no impact on its profit and loss statement for the year.

Financial Performance

For the quarter ending December 31, 2024, Piramal Enterprises reported a net profit of ₹38.6 crore, compared to a loss of ₹2,378 crore in the same period the previous year. However, this included a gain of ₹376 crore, without which the company would have recorded a loss of ₹337.4 crore.

Revenue for the quarter stood at ₹2,449 crore, a 1.1% decline from ₹2,476 crore in the year-ago period. EBITDA fell 10.8% to ₹1,075 crore, with margins narrowing to 43.9% from 48.7%.

Conclusion

The company plans to pursue legal remedies against the tax demand, and the outcome will determine the final financial impact of the dispute.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

NFO Alert: Unifi Mutual Fund Launches Unifi Dynamic Asset Allocation Fund

Unifi Mutual Fund is launching the Unifi Dynamic Asset Allocation Fund, an open-ended scheme under the hybrid category. The fund will be available for subscription from March 3, 2025, to March 7, 2025. The minimum investment amount is ₹5,000, and there is no lock-in period. The exit load is 1.5% for redemptions beyond 20% of the investment within 12 months. The scheme is available in both Regular and Direct Plans.

Investment Strategy

The fund follows a dynamic asset allocation approach, adjusting its investments across equities, fixed-income securities, and equity derivatives depending on market conditions. The allocation between these asset classes is not fixed and can range from 0% to 100% in each category. The fund may also use derivatives and arbitrage strategies to manage risk.

Fund Manager

The scheme will be managed by Saravanan V N, who has 24 years of experience in financial services. He has previously managed equity and debt alternative investment funds (AIFs) and portfolio management across asset classes.

Risk and Benchmark

The fund carries a high-risk rating due to its exposure to equities and market fluctuations. Its performance will be measured against the CRISIL Hybrid 50+50 Moderate Index, which consists of 50% BSE 200 equities and 50% CRISIL Composite Bond Fund Index.

Features

The New Fund Offer (NFO) details are as follows:

  • Fund House: Unifi Mutual Fund
  • Category: Hybrid – Dynamic Asset Allocation
  • Type: Open-ended
  • Plans Available: Growth 
  • Exit Load: 1.5% for redemption beyond 20% within 12 months
  • Benchmark: CRISIL Hybrid 50+50 Moderate Index
  • Risk: High

Who Can Consider This Fund?

As per the filing, the fund is intended for investors looking for a mix of equity and fixed-income investments without a fixed allocation. The returns are market-dependent, and investors should evaluate their risk tolerance before investing.

This is a new fund offer (NFO), so there is no past performance data available. Investors can check the Unifi Mutual Fund website for further details.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.