Falguni Nayar & family’s wealth rose Rs 30,000 crore during the year and her cumulative wealth increased 345 per cent and stood around Rs 38,700 crore, data suggested. Among the top 10 gainers in terms of wealth addition, Nayar stood at the fifth spot and was the only female on the list. She followed the likes of Gautam Adani, Mukesh Ambani and Cyrus S Poonawalla.
Mutual fund NFOs: 6 new funds to open for subscription this week; ICICI Prudential MF to launch 3 life cycle funds
Around six new mutual fund schemes will open for subscription between August 24 and August 28. The upcoming launches include three target-date life cycle funds