Six AMCs saw their AUM rise by over Rs 7,000 crore in June, according to ACE MF data. SBI Mutual Fund led the pack with an increase of Rs 14,192 crore, followed by Aditya Birla Sun Life, HDFC, Invesco, Nippon India and HSBC Mutual Fund.
Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picks
Motilal Oswal expects firm steel prices, lean inventories and resilient demand to support a shift toward pricing- and cost-led earnings growth for domestic steelmakers. The