Investors’ search for a buffer against economic uncertainties and muted returns from stock and bond markets over the past few years have pushed them to high-yield strategies offered by alternative investment funds (). Consequently, assets under management (AUM) of these funds have grown to more than ₹4.5 trillion as of March 2021 against ₹360 crore in December 2012, according to data available with the Securities and Exchange Board of India (Sebi).
Can the defence sector continue firing after 100% gains?
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