Equity MF inflows fall 16% in April; smallcap and debt schemes back in demand

In April, equity mutual funds witnessed a 16% decrease in inflows totaling Rs 18,917.09 crore. Sectoral/thematic funds had the highest inflow at Rs 5,166.05 crore, while large & mid cap funds also received substantial inflows.

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SP Group arm Goswami Infra sweetens bond deal

Shapoorji Pallonji Group offers ₹400 crore more to Goswami Infratech bondholders to extend deadline for meeting covenants on ₹14,300 crore borrowings. The company seeks a