Assets under management of momentum-oriented equity mutual funds surged more than fourfold to ₹15,147 crore in August 2024, from ₹3,500 crore in September 2023, with investors allocating capital to a mix of active and passive momentum schemes. Rich investors also allocated money to momentum strategies in portfolio management schemes (PMS).
Rahul Sharma on 3 metal stocks to bet on for near term
The FIIs flows were something which was keeping the markets high and it was DIIs which were keeping a quiet note. Probably the 1.5 lakh