Sectoral and thematic mutual funds topped the returns chart in August with up to 9.37% gains. The WOC Pharma and Healthcare Fund led with 9.37% returns, while international funds and healthcare funds also performed well. Around 73 equity mutual funds, however, yielded negative returns during the same period.
Family offices, PEs team up for $1 bn stake in Haier’s India operations
Family offices of prominent industrialists and leading private equity funds, including Warburg Pincus, Bain Capital, and others, are considering acquiring a majority stake in Haier