The reality is mutual fund is losing HNI money to complex products, that is the reality. You may want to close your eyes when the cat drinks the milk. HNIs have moved money to PMSes in spite of risk being higher, concentration being higher, taxation being higher, commissions being higher. I think the last one makes my point.
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings