DP Singh from SBI MF discusses the latest AMFI data showing increased SIP flows in equity funds. While largecap funds show muted inflows, midcap and smallcap funds continue to receive strong investments. The market remains optimistic about future fund flows.
Blackstone to invest Rs 5,000 crore in IIFL Finance for 16% stake as company raises Rs 6,414 crore
IIFL Finance will raise Rs 6,414 crore through a capital infusion led by Blackstone, which will invest Rs 5,000 crore for an approximately 16% stake.