Investor interest in multi-asset allocation funds (MAAFs) is surging, with assets under management climbing 72% to ₹1.75 lakh crore. These schemes offer dynamic asset shifting and volatility cushioning, making them a core holding for many. Driven by strong returns from gold and silver, MAAFs delivered 23% over the past year, outperforming the Nifty 50.
Bitcoin holds near $64,000 despite ETF outflows; crypto market remains resilient
Bitcoin held near $64,000 despite significant ETF outflows on July 9. Major altcoins experienced mixed performance, with some falling and others rising. The global crypto