Tax drag is one of the few investment frictions that compounds the wrong way. A 1% annual drag on a ₹1 crore portfolio doesn't cost ₹1 lakh

| Metric | Level | Signal | | | | | | Close | ₹1,038.7 | Multiyear low; 7.9% today | | SMA20 (Jun 15 base) | ₹1,171.85 | Price 11.4% belo

The oneline read: A bank with genuinely improving fundamentals is trapped in a noman'sland chart — bounced hard off a June low, but stalling

The missing 3% has a name: the behavior gap is the difference between the return a fund actually earns and the lower return its investors ac