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.
Elon Musk’s case against OpenAI, Sam Altman set to go for trial
A US judge has dismissed Elon Musk’s fraud claims in his lawsuit against OpenAI and Sam Altman. The case will now proceed to trial on