Around six mutual fund categories gave over 50% return in the last one year. Out of 6 categories, 4 were sectoral and thematic funds. (Source: ACE MF)
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of
Fed officials tempered expectations for an October rate hike after Philip Jefferson and John Williams stressed patience and data dependence. Markets sharply reduced hike odds,
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