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TSMC and Infosys feature most frequently across the top ten holdings of JP Morgan AM’s range of trusts, appearing in more than a fifth of vehicles.
The BSE Sensex on Tuesday registered a small gain of 30.99 pts to close at 71,386.21 on the strength of Realty, Power and Auto stocks.
The jump in AUM from Rs 40 lakh crore to Rs 50 lakh crore took just one year with assets growing around six times in the last 10 years; December saw SIP flows touching a new high of Rs 17,610 crore
Snapping a winning streak of the last two sessions, the BSE Sensex on Monday dropped 670.83 pts to settle at 71,355.24 as selling was witnessed in FMCG, Metal, Bankex and Financial Services stocks.
The BSE Sensex on Wednesday lost further by 357.51 points to 71,534.97 in the opening session as selling was seen across the board.