IndusInd International Holdings and Invesco have finalised their joint venture in India’s mutual fund space, with IIHL taking a 60% stake and Invesco retaining 40%. The partnership combines Invesco’s global investment expertise with IIHL’s strong domestic network, aiming to expand mutual fund reach and accelerate financial inclusion across India.
AMFI reshuffle: Hindustan Copper among 6 smallcap stocks that may get upgraded to midcap
Six smallcap stocks could be upgraded to the midcap segment in AMFI’s H2 CY26 semi-annual rejig, according to Nuvama Institutional Equities.