DSIJ Mindshare

Yes Bank, SBI and Axis Bank were the biggest loser on Wednesday. The stock of Yes Bank, SBI and Axis Bank was down around 4 per cent. 

The trend suggests investment in ELSS is done primarily during the last four months of the financial year. Nevertheless, the introduction of LTCG may impact the inflows this financial year.

Technical Textiles manufacturer Garware-Wall Ropes posted a 15 per cent hike in its net profit to Rs. 21.6 crore for the third quarter of the fiscal year 2018 on a yearly basis as compared to Rs. 18.8 crore in the same quarter of the previous fiscal year.

The company's board of directors have declared Interim Dividend of Re. 0.40 per equity share (20 per cent) of face value of Rs. 2 each for the FY17-18.

Being a mutual fund investor, it is important to know the various aspects which can impact the returns of your investment. The expense ratio is one of those aspects which carries a lot of importance as it is one of the basic things which directly impacts the returns.