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Overseas investors withdrew a whopping Rs 28,243 crore from Indian equities in the month of January so far as the US Federal Reserve indicated towards an interest rate hike.The foreign portfolio investors (FPIs) pulled out Rs 28,243 crore from equities between January 3-28, according to the depositories data.The FPIs infused Rs 2,210 crore into the […]

Dutch dredging, marine and offshore services company Van Oord said it has signed partnership agreements with LexX and Heliorec…

Dutch dredging, marine and offshore services company Van Oord said it has signed partnership agreements with LexX and Heliorec…

Mutual funds add Rs 7 lakh cr in 2021; Omicron impact may not be severe, say experts

Get latest articles and stories on Latest News at LatestLY. Mutual Funds as an investment avenue won the confidence of investors in 2021 with the industry adding a staggering Rs 7 lakh crore to their asset base during the year on the back of buoyant equity markets and a bunch of large new fund offerings (NFOs), but the new year could be tricky depending on the Omicron situation and possible interest rate hikes. Latest News | Mutual Funds Add Rs 7-lakh Crore to Kitty in 2021; Omicron, Rate Hikes Possible Red Flags for 2022.