Around six mutual fund NFOs from ETF, multi cap fund, small cap fund, and thematic fund categories will open for subscription this week, as per ACE MF data. JM Small Cap Fund’s NFO opens on May 27, managed by Asit Bhandarkar, Chaitanya Choksi, and Gurvinder Singh Wasan.
No longer magnificent? How Apple, Microsoft and other Mag 7 stocks are crumbling under AI pressure
The Magnificent Seven are underperforming as investors question whether massive AI spending will generate adequate returns. With $2.3 trillion erased in June, markets are shifting
July 2, 2026