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%.
BofA Securities initiates coverage on Groww with ‘buy’ rating; shares rally 4% to record high. Here’s what the brokerage said
Groww shares hit a new 52-week high. BofA Securities initiated coverage with a Buy rating. The brokerage sees strong growth potential for Groww. It expects