We often hear and read that, “Mutual fund investments are subject to market risk. Please read the scheme related documents carefully.” in multiple languages. But has anyone read it? Do we know what is an offer document and the key information memorandum (KIM)? What does it contain?

Muthoot Financial Services reported weak numbers for the quarter with subdued revenue and modest loan assets growth over the FY18

Muthoot Financial Services reported weak numbers for the quarter with subdued revenue and modest loan assets growth over the FY18.

Muthoot Financial Services reported weak numbers for the quarter with subdued revenue and modest loan assets growth over the FY18.

Hindalco reported stable numbers over the quarter. The company recorded highest ever aluminium and copper output for the year.

The PAT for the quarter came in at Rs. 35.72 crore, yoy decline of 36.1 per cent.

AIA Engineering consolidated revenue for the quarter came in at Rs. 743.85 crore, registering 11.3 per cent yoy increase. 

The PAT for the quarter came in at Rs. 2,932.71 crore, yoy decline of 5.1 per cent.

Investors usually spread investments across the asset classes to reduce risk. Debt funds are commonly used to cushion market volatility. Credit opportunity fund is a type of debt fund which although is not so popular among the investors is a good investment option.

Following stocks are close to their 52-week low as at 1.12 p.m. on May 16, 2018.

The markets on May 16, 2018 opened gap down. BSE Sensex is trading at 35,515.54, down by 28.40 points and the Nifty is trading at 10,777.05, down by 24.80 points. 

Vivimed Labs Limited, a pharmaceuticals and specialty chemicals company, has agreed to acquire Soneas through its API arm UQUIFA.