The buy-to-sell ratio of equity funds in India hit an 18-month high of 2.1 in August, driven by new fund offers from sector funds. Sector/thematic NFOs reported significant net inflows, contributing to a total equity fund inflow of ₹1,15,960 crore. Sector funds now hold the highest assets under management among all equity fund categories.
Diwali 2024 stock picks: Inox Wind, KPIT Tech, 7 more counters to buy for Samvat 2081
As we are about to begin Samvat 2081 in less than a week, Axis Securities has identified nine stocks for this Diwali that could deliver