Women’s participation in mutual funds has surged, with AUM doubling in five years to Rs 11.25 lakh crore. Long-term investing, SIP adoption, and equity allocation have increased, while debt fund interest declined. More women are opting for direct plans, and younger investors in smaller cities are driving mutual fund growth.
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