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Huang, formerly one of the largest beneficiaries of the AI stock surge, has seen his wealth decline by $17.7 billion this year as Nvidia's stock has fallen 18% since January. His current net worth is $96.7 billion, placing him 16th on Bloombergs Billionaires list.
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HDFC Defence Fund topped equity mutual fund returns in March with 22%. PSU-themed funds followed, with Invesco India PSU Equity Fund and Aditya Birla SL PSU Equity Fund delivering 16.54% and 13.38%, respectively. A total of 30 schemes saw double-digit gains.
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Krishna Memani explores the impact of market corrections and Trump's tariffs on US equities and profits. He suggests cutting equity exposure and investing in developed market bonds to hedge against rising uncertainty and high valuations. Memani discusses investor strategies and the potential influence on international and emerging markets, emphasizing the importance of long-term asset allocation.
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