The Indian mutual fund industry has surged to ₹85.76 lakh crore by July 2026, with millennials driving the trend towards equities. Over the past five years, equity fund assets have increased by 227%, highlighting the shift from traditional deposits to mutual fund investments. Mutual funds have become a preferred investment choice for Indian retail investors…
The weekly options data also suggested that 24,000, where the maximum Put open interest is placed, is expected to be a key support in the short term, while 25,000, which has the maximum Call open interest, is likely to be a crucial hurdle on the higher side. This means the index may possibly trade in…
Unifi Capital, Baroda BNP Paribas, and PGIM India Mutual Fund reduced cash holdings to 14.3 percent, 3.4 percent, and 3 percent respectively, down from 25.5 percent, 6.4 percent, and 5 percent in June. markets After two consecutive months of decline, active equity mutual funds maintained elevated cash buffers in July, signalling fund managers’ continued caution…
Vedanta Limited on Friday announced that its board of directors will meet on 18 June to consider and approve the first interim dividend, if any, on equity shares for the financial year 2025–26. “Please note that the record date for the purpose of determining the entitlement of the equity shareholders for the said…
Leela Hotels and Aegis Vopak continue to garner robust subscription in the primary market on the second day of initial share sale on Tuesday. Leela Hotels, Aegis Vopak IPO GMP surge as subscription gains momentum. The initial public offer of Schloss Bangalore, which operates Leela Palaces Hotels and Resorts, got subscribed 13 percent on the second…