Mahindra Manulife is launching a BFSI sectoral fund, capitalizing on India’s demographic dividend and financialization of savings. The fund aims to leverage both cyclical lending rebounds and secular growth in non-lending businesses like insurance and asset management. Valuations in PSU banks are attractive, and capital market intermediaries offer growth potential as India transitions to a nation of investors.
Global Market Today: Asian shares mixed as surging oil, Treasury yields weigh
Equity-index futures for Asia were mixed, while contracts for US stocks edged higher after the S&P 500 erased its advance for the month and the