AMFI reported that equity mutual fund folios reached 5.4 million in July, boosted by new sectoral fund launches. Inflows of nearly Rs 10,000 crore, mostly from new fund offers, drove this increase. The total folio count reached 138 million, with sectoral funds representing 18% of the total.
Largecaps still offer margin of safety amid broader re-rating: Harish Krishnan
Harish Krishnan from Aditya Birla Sun Life AMC shares insights on market dynamics. He highlights the shift from macro to micro factors like earnings and