PMS returns May 2025: At least 15 PMS strategies posted over 13% returns in May 2025, led by Money Grow Asset’s Small Midcap strategy. Smallcap and thematic funds rebounded strongly, while quant-based and sectoral strategies underperformed, widening the performance gap among portfolios.
Cube Highways Trust plans Rs 5,000-cr IPO this month; eyes broader investor base
Cube Highways Trust is set to launch a substantial Initial Public Offering worth Rs 5,000 crore this month, intending to broaden its base of investors.