“Equity funds continue to witness healthy flows. SIPs remain popular and continue to grow, both in terms of a number of accounts as well as gross amounts. Recent mutual fund NFOs, including our Flexi cap fund, have seen healthy inflows. The Debt funds’ AuM – ex overnight and liquid funds, has actually shrunk. Investors with a medium-term horizon should consider short to medium-term funds and credit risk funds.”
Sensex, Nifty’s explosive rally pushes market to pre-Middle East war levels. How long will they take to scale fresh peaks?
In a remarkable turn of events, the Indian stock market has showcased impressive upward movement this month, with the Sensex soaring to 82,000, indicating a