Multi-asset allocation funds gained popularity as investors embrace them for portfolio stability. AUM rose 72% to Rs 1.75 lakh crore, driven by strong performance in gold, silver, and automatic rebalancing benefits.
BofA cuts India’s Nifty 50 earnings forecast as stagflation fears rise
BofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation risks and potential impact of