The mutual fund industry’s AUM reached a record Rs 66.70 lakh crore, driven by net inflows and equity market gains. Growth/equity schemes hit an all-time high of Rs 30.09 lakh crore. Sectoral/thematic funds saw the highest inflows, largely from new fund offers.
ETMarkets Smart Talk| Markets at an inflection point; expect 40–50% gains over 36 months: ASK Hedge Solutions’ Vaibhav Sanghavi
Indian stock markets are at a key turning point. Experts predict a strong rally over the next two to three years, potentially delivering 40-50% returns.