
MARUTI SUZUKI INDIA Latest Share Price (MARUTI)
TODAY IN ONE LINE
MARUTI fell 1.5% on average volume, lagging Nifty's -0.3% move, hovering dangerously near its 52-week low.
With a market cap of ₹3.9 L Cr., it trades at a P/E of 27.22. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
MARUTI SUZUKI INDIA flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Consistent GrowthEPS compounded at 53.1% over 3 years
- ●Steady Dividend YieldReliable 1.13% dividend yield
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
- ●Positive Free Cash FlowFCF has been positive for 3 consecutive years
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Earnings DeclineEPS (TTM) has contracted by 6.4% YoY
- ●Sales ContractionQuarterly sales dropped 0.0% YoY
- ●FII SellingFII holding decreased by 1.30% QoQ
- ●Rising Receivables vs SalesReceivables grew 37.7% outpacing sales growth of 7.8%
Latest MARUTI SUZUKI INDIA News
What changed recently?
Recent events, corporate actions, and announcements.
MARUTI SUZUKI INDIA valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for MARUTI SUZUKI INDIA, framed against the sector median so the premium or discount is obvious at a glance.
MARUTI SUZUKI INDIA trades at a P/E of 27.22× and P/B of 3.64×, against the Automobile and Auto Components sector median P/E of 32.00×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
MARUTI SUZUKI INDIA technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for MARUTI SUZUKI INDIA — derived from the latest tape, not yesterday's close.
MARUTI SUZUKI INDIA last traded at ₹12,400 with an intraday range of ₹12,381–₹12,541 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹12400.00| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 12820.33 | +420.33 | +3.39% |
| R3 | 12660.33 | +260.33 | +2.10% |
| R2 | 12600.67 | +200.67 | +1.62% |
| R1 | 12500.33 | +100.33 | +0.81% |
| PIVOT | 12440.67 | 40.67 | 0.33% |
| CURRENT | 12400.00 | — | — |
| S1 | 12340.33 | -59.67 | -0.48% |
| S2 | 12280.67 | -119.33 | -0.96% |
| S3 | 12180.33 | -219.67 | -1.77% |
| S4 | 12020.33 | -379.67 | -3.06% |
MARUTI is trading Below CPR, indicating Bearishness
CPR is Average
Day's range: ₹12420–₹12541
Trading Below opening range, showing Bearishness
MARUTI SUZUKI INDIA financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for MARUTI SUZUKI INDIA — consolidated or standalone — with margins, YoY growth and key ratios inline.
MARUTI SUZUKI INDIA reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹3.9 L Cr. and reported EPS of ₹106.62.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 1,52,913 | 1,83,316 ▲ 19.9% |
| Sales Growth YoY %Derived | 7.79% | 19.88% |
| Other Income | 5,022 | 4,357 ▼ 13.2% |
| Total Income | 1,57,935 | 1,87,673 ▲ 18.8% |
| 1,07,491 | 1,32,576 ▲ 23.3% | |
| Gross ProfitDerived | 45,422 | 50,741 ▲ 11.7% |
| Gross Margin %Derived | 29.70% | 27.68% |
| 25,266 | 29,284 ▲ 15.9% | |
| EBITDA (Operating Profit)Derived | 20,156 | 21,456 ▲ 6.4% |
| OPM %Derived | 13.18% | 11.70% |
| 5,802 | 6,980 ▲ 20.3% | |
| Profit Before Tax (PBT) | 19,376 | 18,833 ▼ 2.8% |
| 5,120 | 4,439 ▼ 13.3% | |
| Effective Tax %Derived | 26.42% | 23.57% |
| Total Profit for Period | 14,500 | 14,680 ▲ 1.2% |
| Less: Non-controlling Interests | — | — |
| Net Profit (Owner's PAT)Derived | 14,500 | 14,680 ▲ 1.2% |
| Net Profit Margin %Derived | 9.48% | 8.01% |
| PAT Growth YoY %Derived | 7.50% | 1.24% |
| Earnings Per Share (EPS ₹) | 461.20 | 466.90 ▲ 1.2% |
| Diluted Shares Outstanding (Cr) | 31 | 31 ▲ 0.0% |
| Share of Profit from Associates/JVs | 244 | 286 ▲ 17.1% |
| Other Comprehensive Income (Net of Tax) | 34 | 481 ▲ 1328.2% |
| Total Expenses (incl. D&A & Interest) | 1,38,559 | 1,68,840 ▲ 21.9% |
| Material Cost % of RevenueDerived | 57.10% | 60.91% |
| Employee Cost % of RevenueDerived | 4.59% | 4.94% |
| Other Cost % of RevenueDerived | 11.93% | 11.04% |
| Interest Coverage (x)Derived | 74.91x | 61.64x |
| Period | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 86,069 | 75,660 ▼ 12.1% | 70,372 ▼ 7.0% | 88,330 ▲ 25.5% | 1,17,571 ▲ 33.1% | 1,41,858 ▲ 20.7% | 1,52,913 ▲ 7.8% | 1,83,316 ▲ 19.9% | |
| Sales Growth YoY %Derived | — | -12.09% | -6.99% | 25.52% | 33.10% | 20.66% | 7.79% | 19.88% | |
| Other Income | 2,562 | 3,334 ▲ 30.2% | 2,936 ▼ 11.9% | 1,745 ▼ 40.6% | 2,141 ▲ 22.7% | 4,094 ▲ 91.2% | 5,022 ▲ 22.7% | 4,357 ▼ 13.2% | |
| Total Income | 88,630 | 78,994 ▼ 10.9% | 73,308 ▼ 7.2% | 90,075 ▲ 22.9% | 1,19,712 ▲ 32.9% | 1,45,952 ▲ 21.9% | 1,57,935 ▲ 8.2% | 1,87,673 ▲ 18.8% | |
60,264 | 53,163 ▼ 11.8% | 50,824 ▼ 4.4% | 66,044 ▲ 29.9% | 86,251 ▲ 30.6% | 99,741 ▲ 15.6% | 1,07,491 ▲ 7.8% | 1,32,576 ▲ 23.3% | ||
| Gross ProfitDerived | 25,805 | 22,497 ▼ 12.8% | 19,548 ▼ 13.1% | 22,286 ▲ 14.0% | 31,321 ▲ 40.5% | 42,117 ▲ 34.5% | 45,422 ▲ 7.8% | 50,741 ▲ 11.7% | |
| Gross Margin %Derived | 29.98% | 29.73% | 27.78% | 25.23% | 26.64% | 29.69% | 29.70% | 27.68% | |
14,801 | 15,184 ▲ 2.6% | 14,196 ▼ 6.5% | 16,580 ▲ 16.8% | 20,303 ▲ 22.5% | 23,591 ▲ 16.2% | 25,266 ▲ 7.1% | 29,284 ▲ 15.9% | ||
| EBITDA (Operating Profit)Derived | 11,003 | 7,313 ▼ 33.5% | 5,352 ▼ 26.8% | 5,706 ▲ 6.6% | 11,018 ▲ 93.1% | 18,526 ▲ 68.2% | 20,156 ▲ 8.8% | 21,456 ▲ 6.4% | |
| OPM %Derived | 12.78% | 9.67% | 7.60% | 6.46% | 9.37% | 13.06% | 13.18% | 11.70% | |
3,097 | 3,663 ▲ 18.3% | 3,136 ▼ 14.4% | 3,078 ▼ 1.9% | 3,190 ▲ 3.7% | 5,449 ▲ 70.8% | 5,802 ▲ 6.5% | 6,980 ▲ 20.3% | ||
| Profit Before Tax (PBT) | 10,468 | 6,984 ▼ 33.3% | 5,152 ▼ 26.2% | 4,697 ▼ 8.8% | 10,323 ▲ 119.8% | 17,170 ▲ 66.3% | 19,376 ▲ 12.8% | 18,833 ▼ 2.8% | |
2,973 | 1,425 ▼ 52.1% | 932 ▼ 34.6% | 818 ▼ 12.3% | 2,112 ▲ 158.3% | 3,936 ▲ 86.4% | 5,120 ▲ 30.1% | 4,439 ▼ 13.3% | ||
| Effective Tax %Derived | 28.40% | 20.41% | 18.09% | 17.41% | 20.46% | 22.92% | 26.42% | 23.57% | |
| Total Profit for Period | 7,651 | 5,678 ▼ 25.8% | 4,389 ▼ 22.7% | 3,880 ▼ 11.6% | 8,211 ▲ 111.7% | 13,488 ▲ 64.3% | 14,500 ▲ 7.5% | 14,680 ▲ 1.2% | |
| Less: Non-controlling Interests | 2 | 2 ▲ 6.7% | — ▼ 100.0% | — | — | — | — | — | |
| Net Profit (Owner's PAT)Derived | 7,649 | 5,676 ▼ 25.8% | 4,389 ▼ 22.7% | 3,880 ▼ 11.6% | 8,211 ▲ 111.7% | 13,488 ▲ 64.3% | 14,500 ▲ 7.5% | 14,680 ▲ 1.2% | |
| Net Profit Margin %Derived | 8.89% | 7.50% | 6.24% | 4.39% | 6.98% | 9.51% | 9.48% | 8.01% | |
| PAT Growth YoY %Derived | — | -25.80% | -22.67% | -11.61% | 111.65% | 64.27% | 7.50% | 1.24% | |
| Earnings Per Share (EPS ₹) | 253.21 | 187.90 ▼ 25.8% | 145.30 ▼ 22.7% | 128.43 ▼ 11.6% | 271.82 ▲ 111.6% | 429.01 ▲ 57.8% | 461.20 ▲ 7.5% | 466.90 ▲ 1.2% | |
| Diluted Shares Outstanding (Cr) | 30 | 30 ▲ 0.0% | 30 ▲ 0.0% | 30 ▲ 0.0% | 30 ▲ 0.0% | 31 ▲ 4.1% | 31 ▲ 0.0% | 31 ▲ 0.0% | |
| Share of Profit from Associates/JVs | 156 | 118 ▼ 24.0% | 169 ▲ 42.7% | — ▼ 100.0% | — | 254 | 244 ▼ 4.0% | 286 ▲ 17.1% | |
| Other Comprehensive Income (Net of Tax) | -203 | -442 ▼ 117.6% | 514 ▲ 216.3% | 313 ▼ 39.1% | 59 ▼ 81.0% | 267 ▲ 349.3% | 34 ▼ 87.4% | 481 ▲ 1328.2% | |
| Total Expenses (incl. D&A & Interest) | 78,162 | 72,010 ▼ 7.9% | 68,156 ▼ 5.4% | 85,377 ▲ 25.3% | 1,09,389 ▲ 28.1% | 1,28,781 ▲ 17.7% | 1,38,559 ▲ 7.6% | 1,68,840 ▲ 21.9% | |
| Material Cost % of RevenueDerived | 52.31% | 45.78% | 47.31% | 44.99% | 39.69% | 55.63% | 57.10% | 60.91% | |
| Employee Cost % of RevenueDerived | 3.82% | 4.52% | 4.88% | 4.59% | 3.94% | 4.44% | 4.59% | 4.94% | |
| Other Cost % of RevenueDerived | 13.38% | 15.55% | 15.30% | 14.18% | 13.33% | 12.19% | 11.93% | 11.04% | |
| Interest Coverage (x)Derived | 105.17x | 28.20x | 22.77x | 23.04x | 43.81x | 68.55x | 74.91x | 61.64x |
MARUTI SUZUKI INDIA segment analysis : revenue and profit mix.
Disclosed business segments at MARUTI SUZUKI INDIA with their share of revenue and profit, switchable between consolidated and standalone reporting.
MARUTI SUZUKI INDIA discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for MARUTI SUZUKI INDIA.
Our AI distills the core fundamental drivers supporting MARUTI SUZUKI INDIA, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
MARUTI SUZUKI INDIA's investment case rests on 10 positive markers and 7 flagged concerns drawn from the latest reported filings.
What you're getting.
Market cap ₹4.24 lakh Cr ranks #1 in Indian auto sector.
Debt-to-equity 0.0000 reflects fortress balance sheet, superior to all peers.
Operating cash flow ₹19,063 Cr FY26 covers capex ₹14,696 Cr.
5-year revenue CAGR 16.60% outpaces sector growth, demonstrating consistent expansion.
ROE 13.69% and ROCE 13.42% demonstrate solid capital efficiency.
Key Risks.
Net profit ₹14,445 Cr FY26, up 3.5% YoY, significantly lags revenue growth.
Latest quarterly EPS declined 6.4% YoY despite 28.2% TTM revenue growth.
Quarterly operating margin 8.16% is below 5-year average 8.73%.
P/E 30.71x and EV/EBITDA 15.31x are elevated versus peer median ~11x.
YTD return -20.27% and 26-week return -19.37% reflect significant valuation correction.
Flip Conditions.
Valuation risk. a P/E above 35 (~1.1× the sector multiple of 32.0) would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Return-quality risk. ROE below 9% would indicate weaker capital compounding.
Income thesis breaks if the dividend is cut or yield falls below 0.56%.
MARUTI SUZUKI INDIA peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — MARUTI SUZUKI INDIA is highlighted for quick read-across.
Quick Compare
MARUTI SUZUKI INDIA chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for MARUTI SUZUKI INDIA — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
MARUTI SUZUKI INDIA delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for MARUTI SUZUKI INDIA over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in MARUTI SUZUKI INDIA stood at 61.4% of traded volume, against a 20-day average of 55.2%.
MARUTI SUZUKI INDIA announcements: results, concalls, ratings, M&A.
Filings MARUTI SUZUKI INDIA sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
MARUTI SUZUKI INDIA files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 265 documents below.
General Updates
Maruti Suzuki India Limited has informed the Exchange about ESG rating by Crisil ESG Ratings & Analytics Limited
General Updates
Maruti Suzuki India Limited has informed the Exchange about Advance intimation regarding price increase
Press Release
Maruti Suzuki India Limited has informed the Exchange regarding a press release dated September 05, 2026, titled " Dare to go Glam with the Stunning…
Shareholders meeting
Maruti Suzuki India Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 31, 2026. Further, the…
Press Release
Maruti Suzuki India Limited has informed the Exchange regarding a press release dated September 02, 2026, titled "India s Partner in Progress: Maruti…
Investor decks & rating reports.
Investor Presentation
Investor Presentation
Analysts/Institutional Investor Meet/Con. Call Updates
Investor Presentation
MARUTI SUZUKI INDIA dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue MARUTI SUZUKI INDIA has declared, sequenced by announce and record date.
MARUTI SUZUKI INDIA corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About MARUTI SUZUKI INDIA: business, sector, key facts.
What MARUTI SUZUKI INDIA does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
MARUTI SUZUKI INDIA operates in the Passenger Cars & Utility Vehicles industry under the Automobile and Auto Components sector, listed as NSE: MARUTI, BSE: 532500.

Maruti Suzuki India Limited (MSIL) is a leading automotive manufacturer in India, primarily focused on the production and sale of passenger vehicles, utility vehicles, and multi-purpose vehicles. Its core business revolves around the design, manufacturing, and distribution of these vehicles within the Indian market, making it a dominant player in the country's burgeoning automobile sector. The company's extensive range of models caters to a wide spectrum of customer needs and preferences, contributing to its substantial market share.
Beyond vehicle manufacturing, MSIL engages in a diversified range of ancillary businesses to enhance customer experience and expand its revenue streams. This includes the facilitation of pre-owned car sales, providing a convenient platform for customers to buy and sell used vehicles. Fleet management services cater to corporate clients requiring efficient vehicle solutions. Furthermore, MSIL actively participates in car financing, offering financial assistance to customers intending to purchase their vehicles, thereby simplifying the buying process. This integrated approach positions MSIL as a one-stop shop for various automotive needs.
To further enhance customer engagement and provide comprehensive services, MSIL offers a number of supplementary products and services. A driving school contributes to road safety and driver education. The sale of accessories provides customization options for vehicles, while insurance partnerships simplify insurance procurement. MSIL’s involvement in several related sectors strengthens its position in the automotive ecosystem and increases its customer base.
MSIL's business model extends beyond the domestic market through exports to several countries, including Mexico, Chile, Saudi Arabia, South Africa, and the Philippines. This international reach demonstrates the global appeal of its products and underscores the company's ambition to expand its footprint on the world stage. The company's long-standing success stems from its adaptability to evolving market demands, its vast distribution network, and its continued investments in research and development to innovate and improve its products and services.
In essence, Maruti Suzuki’s business encompasses a comprehensive automotive ecosystem, starting from vehicle manufacturing and extending to various support services. This integrated approach has cemented its position as a market leader in India and a significant player in the global automotive landscape. Its strategic diversification, coupled with a strong focus on customer needs, positions the company for continued success and growth.
Go deeper on MARUTI SUZUKI INDIA
- MARUTI SUZUKI INDIA resultsQuarter-by-quarter revenue, profit, EPS and margins for MARUTI SUZUKI INDIA.
- MARUTI SUZUKI INDIA dividendEvery dividend MARUTI SUZUKI INDIA has declared, with ex-dates and yield.
- MARUTI SUZUKI INDIA shareholdingPromoter, FII and DII holding in MARUTI SUZUKI INDIA, quarter by quarter.
- MARUTI SUZUKI INDIA financialsMARUTI SUZUKI INDIA profit & loss, balance sheet and cash flow by year.
- MARUTI SUZUKI INDIA technical analysisPivots, CPR and live indicator readings for MARUTI SUZUKI INDIA.
Related
Peers, sector trends, screeners and strategy playbooks contextual to this stock.
- HINDMOTORS (HINDMOTORS) Share PricePeer
- MAHINDRA & MAHINDRA (M&M) Share PricePeer
- OLECTRA GREENTECH (OLECTRA) Share PricePeer
- TATA MOTORS PASS VEH (TMPV) Share PricePeer
- Stocks near 52-week low (reversal watch)Screener
- Reversal Hunter strategy playbookStrategy
- Top Gainers TodayScreener
- EMA Crossover ScreenerScreener
- Stock Quality ScorecardScreener
- Technical DashboardScreener
- Results CalendarScreener
- FII Buying ActivityScreener
- All Technical ScreenersScreener
- All Trading StrategiesStrategy
Questions investors ask about MARUTI SUZUKI INDIA (MARUTI).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of MARUTI SUZUKI INDIA (MARUTI)?
The current share price of MARUTI SUZUKI INDIA (MARUTI) is ₹12,400.00. Today, the stock has declined by ₹190.00 (1.51%), trading in a range of ₹12,381.00 to ₹12,541.00. The stock opened at ₹12,520.00 with a trading volume of 5,14,868 shares.
02Is MARUTI SUZUKI INDIA stock a good investment for long-term?
MARUTI SUZUKI INDIA can be considered for long-term investment based on several factors. The company has a market capitalization of ₹3.9 L Cr., P/E ratio of 27.22, ROE of 13.74%, and ROCE of 13.93%. The dividend yield stands at 1.13%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of MARUTI SUZUKI INDIA stock?
The 52-week high price of MARUTI SUZUKI INDIA (MARUTI) is ₹17,370.00, while the 52-week low is ₹12,201.00. Currently trading at ₹12,400.00, the stock is 1.63% above its 52-week low and 28.61% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy MARUTI SUZUKI INDIA stock at the current price?
Whether to buy MARUTI SUZUKI INDIA stock at ₹12,400.00 depends on multiple factors. The stock is currently trading with a P/E ratio of 27.22 and P/B ratio of 3.64. Today's performance shows a loss of 1.51%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of MARUTI SUZUKI INDIA and when is the next dividend?
MARUTI SUZUKI INDIA offers a dividend yield of 1.13%, which means for every ₹100 invested at the current price of ₹12,400.00, you can expect to receive approximately ₹1.13 annually as dividends. The face value of the stock is ₹5.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of MARUTI SUZUKI INDIA?
MARUTI SUZUKI INDIA's key financial metrics include: P/E Ratio: 27.22, P/B Ratio: 3.64, ROE: 13.74%, ROCE: 13.93%, Dividend Yield: 1.13%, EPS: ₹106.62, Book Value: ₹3,408.25, and Debt-to-Equity: 0. The company's market cap stands at ₹3.9 L Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is MARUTI SUZUKI INDIA stock performing today in the market?
MARUTI SUZUKI INDIA stock opened at ₹12,520.00 and is currently trading at ₹12,400.00, showing a decline of ₹190.00 (1.51%). The intraday high is ₹12,541.00 and low is ₹12,381.00. The trading volume stands at 5,14,868 shares, indicating moderate market participation today.
08What is the P/E ratio of MARUTI SUZUKI INDIA and what does it indicate?
MARUTI SUZUKI INDIA has a Price-to-Earnings (P/E) ratio of 27.22, which means investors are willing to pay 27.22 for every ₹1 of earnings. With an EPS of ₹106.62, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about MARUTI SUZUKI INDIA (MARUTI) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.