The Indian Mutual Fund industry has come a long way over the past decade. Proactive regulations on disclosures, fund categorization and fees have driven positive change. Increased retail investor participation has also been fuelled by the industry’s efforts to promote investor awareness and education, broadening the reach of mutual funds across the country and investor segments.
US consumer sentiment near record low ahead of midterm elections
In October, consumer sentiment in the U.S. plummeted to a concerning 48.0, driven by rising prices and economic worries amid the ongoing Middle East conflict.