Equity mutual funds rebounded in June with net inflows of ₹23,587 crore, a 24% increase from May, fueled by flexi-cap, mid-cap, and small-cap schemes. SIP contributions reached a record ₹27,269 crore, driving retail flows. Despite debt fund outflows, the industry’s AUM hit a new high of ₹74.41 lakh crore, reflecting positive investor sentiment amid market gains.
Silver hits $60 per ounce for first time, gold rises ahead of Fed rate decision
Gold prices edged higher as traders anticipated the U.S. Federal Reserve’s interest rate decision. Meanwhile, silver surged to an all-time high of over $60 per