ETMarkets’ latest mutual fund analysis focuses on stocks held exclusively by a single scheme. Initially, the analysis came up with 137 such stocks as of June 2024. To streamline our approach, we focused on stocks where the market value of the mutual fund scheme exceeded Rs 25 crore as of June and which had seen share price increase ranging from 30% to 100% in the calendar year 2024 to date. Applying these criteria, a total of eight stocks met these specific conditions. (Data Source: ACE Equity, ACE MF)
Gold rises but investors stay cautious about ‘hawkish’ Fed tone
Gold prices saw a slight uptick on Tuesday, despite a minor dip in expectations for U.S. interest rate cuts. Investors are cautiously awaiting the Federal