AMFI reported that equity mutual fund folios reached 5.4 million in July, boosted by new sectoral fund launches. Inflows of nearly Rs 10,000 crore, mostly from new fund offers, drove this increase. The total folio count reached 138 million, with sectoral funds representing 18% of the total.
Eureka Forbes Q2 Results: Net profit shoots up 83% YoY to Rs 46 crore, revenue up 27%
Eureka Forbes reported an 83.2% YoY rise in Q2 net profit to Rs 46.67 crore, with revenues up 27.6% to Rs 672.87 crore. Growth was