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Products that are sold quickly and at a relatively low cost
Fast-moving consumer goods (FMCG) are products that are sold quickly and at a relatively low cost. Examples include non-durable household goods such as packaged foods, beverages, toiletries, candies, cosmetics, over-the-counter drugs, dry goods, and other consumables.
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Indian equity markets closed lower on Wednesday as investors turned cautious following the Reserve Bank of Indias shift towards calibrated tightening, reflecting concerns over inflation, while the rupee weakened to a five-month low.
Indian equity markets extended their recovery on Tuesday, with the Sensex gaining 685.34 points to 73,067.81 and the Nifty rising 220.35 points to 22,776.10. Chemicals, oil and gas, pharma and banking stocks led the gains.
Franklin India Small Cap Fund crossed Rs 14,000 crore in AUM, while a Rs 10,000 monthly SIP grew to nearly Rs 1.94 crore over 20 years. The fund has outperformed its benchmark over 15 years, highlighting long-term compounding and disciplined investing.