Equity mutual funds have offered nearly 9% gain in October led by strong performances from sectoral and thematic funds that topped the return charts. There were 578 equity mutual funds in the said time period, of which 568 funds gave positive returns and 10 gave negative returns in October.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs