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Experts feel that across generations mutual fund investment is a wise choice. April saw a record-breaking 63.7 lakh new SIP registrations, marking a 32.1% surge from the 3-month average.
Equity mutual fund categories in April had varying performances. Small cap funds led, while mid cap, contra, and multi cap funds also showed good results. Additionally, value funds and tax saving or ELSS funds performed well in the said period.
These venture capitalists’ support of high-potential startups keeps the world moving forward.
The only concern is if the Monsoons again get delayed, it raises question over the Kharif output.
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