Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers) ...
The benchmark S&P/BSE Sensex surged 566.63 points, or 0.75 percent, to 76,404.99 while the broader NSE Nifty index closed at 23,155.35, up 130.70 points, or 0.57 percent, from its previous close.