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Mirae Asset NYSE FANG+ETF FoF-Reg(G) outperforms in Jan-Mar quarter, exceeding domestic and overseas funds. 160 thematic funds by March end. Notable performers include Franklin India Feeder and Mirae Asset S&P 500 Top 50 ETF FoF-Reg(G).
Retail investors in particular should remember that such funds come with their share of risks and possibly more than the usual diversified equity funds.
Piramal Enterprises was the seller in Shriram Finance, as it exited the company by selling entire 8.34 percent stake or 3.12 crore shares at same price. The stake sale was worth Rs 4,823.71 crore.
On June 16, the day the stock listed, Quant Mutual Fund acquired a 2.15 percent stake in IKIO Lighting
The Indian equity benchmarks closed in the red on June 19, with the Sensex down 216.28 points at 63,168.30 and the Nifty lost 70.55 points at 18,755.45. About 1,667 shares advanced, 1,989 declined and 171 shares remained unchanged. Take a look at the top gainers and the losers of the day: