Equity mutual funds experienced a downturn last week, with the majority of 573 funds reporting negative returns, some losing up to 5%. Global indices also reflected this trend, with Hang Seng, Dow Jones, Nasdaq, and S&P 500 all declining.
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next
India’s mutual fund AUM is projected to surpass Rs 300 lakh crore by 2035, with direct equity holdings expected to reach Rs 250 lakh crore
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