Mutual funds invest Rs 1.82 lakh cr in equities in FY23 on strong push from retail investors
A similar amount of Rs 1.81 lakh crore invested by mutual funds in the stock market in preceding financial year 2021-22 (FY22).
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A similar amount of Rs 1.81 lakh crore invested by mutual funds in the stock market in preceding financial year 2021-22 (FY22).
Hybrid schemes, with total Assets Under Management (AUM) of Rs 4.87 trillion, are the second-lowest open-ended mutual fund category after Solution Oriented Schemes. Compared to this, Growth/Equity Oriented Schemes commanded AUM of Rs 15.01 trillion as of February-end.
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US 10-year yield could rise further in short term The market continues to see the sweet Bullrun supported by the vaccination drive, encouraging signs of economic recovery, a weak dollar and strong FII flows in Emerging Markets. but will these tailwinds keep the momentum going? Luke Browne, head of multi-asset allocation (Asia), Manulife Investment Management remain constructive on Asia and emerging markets. while speaking to et now he said India is placed better than its em peers and looks attractive due to valuation been less starched. he said Asia markets have the ability to reco...