Equity mutual funds experienced a dip in inflows during May, falling to ₹19,013 crore as investors turned cautious amid high stock valuations. Despite this, SIP investments reached a record ₹26,688 crore. Debt funds saw outflows, while hybrid funds, particularly arbitrage funds, gained traction. Overall AUM for the mutual fund industry increased, driven by market gains.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,