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…
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…
Benchmark equity indices rallied for the second consecutive day on Thursday as investors anticipated a rate cut by the Reserve Bank of India (RBI). After gaining over 900 points in the session, the 30-share BSE Sensex succumbed to profit booking to close 443.79 points or 0.55 per cent lower to settle at 81,442.04. As many…