The mutual fund industry’s AUM reached a record Rs 66.70 lakh crore, driven by net inflows and equity market gains. Growth/equity schemes hit an all-time high of Rs 30.09 lakh crore. Sectoral/thematic funds saw the highest inflows, largely from new fund offers.
Azad Engineering block deal: Nomura picks stake worth Rs 66 crore in this smallcap defence stock
Nomura acquired over 4.1 lakh shares in Azad Engineering for Rs 66 crore through a block deal at an 8% discount. Despite the investment, Azad’s