While the bank’s growth is robust, a key concern for Utkarsh is its low CASA level of 20.8 percent. Another issue is its high concentration in two states, Bihar and Uttar Pradesh.
Pre-election year sops and a moderation in inflation should help FMCG companies make a gradual recovery
Thematic/sectoral Fund is a diversified category which includes schemes such as Informational Technology, Banking, Energy, ESG and others.
The surge is largely in major cryptocurrencies.