Equity mutual funds experienced a dip in inflows during May, falling to ₹19,013 crore as investors turned cautious amid high stock valuations. Despite this, SIP investments reached a record ₹26,688 crore. Debt funds saw outflows, while hybrid funds, particularly arbitrage funds, gained traction. Overall AUM for the mutual fund industry increased, driven by market gains.
BSE shares fall over 6% amid SEBI ban on Jane Street for derivatives manipulation
BSE shares: In a 105-page interim order, SEBI alleged that Jane Street and its affiliates employed high-frequency trading strategies to manipulate key benchmark indices such