Sectoral and thematic mutual funds topped the returns chart in August with up to 9.37% gains. The WOC Pharma and Healthcare Fund led with 9.37% returns, while international funds and healthcare funds also performed well. Around 73 equity mutual funds, however, yielded negative returns during the same period.
Sebi clears four IPOs including Avaada Electro and Grand Housing
Securities and Exchange Board of India approved IPOs of Avaada Electro Grand Housing Sonaselection India and Vishal Nirmiti with Avaada leading as a major renewable