Arbitrage and multi-asset allocation funds are gaining traction among Indian investors, showcasing substantial AUM growth of 22.2% and 15.4% respectively in the June 2025 quarter. Investors are increasingly favoring low-risk, diversified hybrid schemes. Private banks and IT sectors dominate equity holdings, while government securities lead in debt, despite a slight dip. Refineries saw significant growth, reflecting renewed market interest.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend