Around 15 new mutual funds were floated in the market in July which together collected Rs 16,565 crore, according to monthly data released by AMFI. Here is the breakup.
Shreyash Devalkar of Axis Mutual Fund suggests a shift in investment strategy. Broad investment themes are less effective now. He recommends focusing on individual stock
Sneha Seth from Angel One suggests a positive outlook for Nifty and Bank Nifty, advising long positions with a Nifty stop loss at 24,500. PSU
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