In December, 34 mutual fund NFOs raised Rs 13,852 crore, with 33 open-ended and one close-ended fund. Sectoral and thematic funds led with Rs 11,337 crore. Key launches included funds from Aditya Birla, Axis, Bajaj Finserv, and ICICI Prudential. Index funds raised Rs 1,361 crore, and multi-asset allocation funds mobilised Rs 470 crore.
Positive Breakout: These 9 stocks cross above their 200 DMAs
In the Nifty200 pack, nine stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on April 15, according to stockedge.com’s technical scan data.