In July, only a small group of 8 PMS schemes reported negative returns, notably including Capitalmind’s Adaptive Momentum fund led by Deepak Shenoy. On the brighter side, star fund manager Shyam Shekhar’s ithought smallcap fund Vrddhi saw impressive gains of over 10%, while his multicap fund Solitaire also performed well with a 6.7% increase.
Technical setup signals near-term pain, but momentum may return next week: Rahul Sharma
Rahul Sharma of JM Financial Services suggests Nifty futures are range bound. A downward slide is expected, possibly reaching 25,200. Crossing 25,550 could bring fresh
July 10, 2025