Around 11 equity mutual funds delivered over 10% returns in May, led by international and technology-focused funds such as Mirae Asset AI ETF FoF, Nippon India Taiwan Equity Fund and Edelweiss US Tech Fund.
New fund offer collections by asset management companies fell significantly. Funds raised through new fund offers reached a five-year low in June. This sharp decline
Foreign investors reduced holdings in top private banks over the past year. They increased stakes in select public sector lenders, showing a notable shift. This
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