The asset under management (AUM) of Indian mutual funds was $850 billion as of December 2024 and the Indian mutual fund industry aspires to reach a target of $3-4 trillion as key factors such as transparency drive growth in the mutual funds.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires