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%.
Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian
The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps,