Equity mutual fund inflows experienced a significant 40% drop in May, reaching a 12-month low of ₹22,908 crore. This decline, the steepest since May 2023, occurred as investors reduced lump-sum investments due to escalating West Asia conflict concerns. Meanwhile, Systematic Investment Plan (SIP) flows remained robust, showing only a marginal decrease.
Lenskart Solutions sees Rs 1,862-crore block deal; ADIA likely seller
Eyewear retailer Lenskart Solutions experienced a significant block deal valued at Rs 1,862 crore. Abu Dhabi Investment Authority, through its investment vehicle, sold a portion