The ratio of active fund inflows to passive funds dropped to its lowest level in 18 months at 0.4 to one in August, compared with last one-year average of 1.13:1, data from Association of Mutual Funds in India (AMFI) show.
Jio leverage play pops up at SBI as India brokers lure IPO bets
SBI Securities has launched an exciting financing option for the highly anticipated IPO of Jio Platforms Ltd. Investors can secure up to 60% funding for