Fund houses are increasingly launching passive funds, including ETFs and index funds, which replicate market indices for low-cost, diversified exposure. These funds are gaining traction as large fund houses expand their offerings, particularly in equity indices like Nifty 50 and S&P 500.
Apollo Micro Systems shares rally 9% as Q2 net profit jumps 56% YoY
Apollo Micro Systems has reported an impressive rise in Q2 earnings, with net profit soaring by 56% compared to last year. Revenues spiked 72%, hitting