Hem Securities’ India Rising SME Stars led June returns with 23.81%. Funds by Saurabh Mukherjea, Sunil Singhania, and others excelled, with 90 funds reporting double-digit returns. Notable performers include Wallfort PMS, Equitree, and Accuracap.
RBI rate cut to pressure bank margins, NBFCs brace for liquidity strain
RBI’s 25-bps rate cut, its first in five years, pressures private banks’ NIMs while public banks remain stable. NBFCs may see funding relief, but liquidity