SBI Mutual Fund’s AUM has surpassed Rs 11 lakh crore, with equal contributions from SIP and non-SIP modes, says Deputy MD & Joint CEO DP Singh . The mutual fund industry is seeing significant growth, with SBI capturing an 18% market share. Lower yields and crude prices are favorable for hybrid funds, offering potential gains for investors.
Housing sales in 50 cities dip 3% to 6.14 lakh units, up 16% in value to Rs 8.4 lakh crore: CREDAI
Indian housing sales saw a slight dip in units last year but a significant rise in value. Demand for homes above Rs 1 crore drove