Equity mutual funds saw a strong performance last week, with over 8% returns for the category. Among the top performers, international funds like Mirae Asset Global X Artificial Intelligence & Technology ETF FoF led the pack with an 8.49% gain.
Two new passive mutual funds are launching this week to expand fund houses’ offerings. DSP Nifty FMCG ETF opens May 12-14 with a Rs 5,000
The Nifty ended sharply lower amid escalating US-Iran tensions, rupee weakness and heavy selling in financial stocks, slipping below the 50-day EMA and signalling renewed
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