Assets under SIPs hit a new peak on inflows, market rally

August 11, 2022

According to the data from the Association of Mutual Funds in India (AMFI), the share of SIP linked AUM in the total mutual fund (MF) industry AUM expanded to record 16.1% in July compared with the long-term average of 11%.

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Kusumgar IPO Day 3: Issue ends subscription with 129x bids; GMP signals 38% listing upside

Kusumgar’s Rs 650-crore IPO concluded with overwhelming investor demand on its final day. Non-Institutional Investors and Qualified Institutional Buyers showed significant interest in the offering.

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South Korean billionaire’s risky bet pays off, as SK Hynix debuts in New York

South Korean billionaire Chey Tae-won’s bold acquisition of SK Hynix has paid off significantly. The company is now a leading producer of high-bandwidth memory chips

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