Equity inflows power ₹9.5 lakh crore jump in mutual fund AUM since last Independence Day

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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…

Chetak’s surge pushes Bajaj Auto close to EBITDA break-even in EV segment

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Backed by rising volumes, cost efficiencies, and PLI support, Bajaj Auto is narrowing losses that once weighed heavily on its EV portfolio.   Bajaj Auto’s electric scooter, Chetak, led the electric two-wheeler segment in the January–March quarter of FY25. Following the roaring success of Chetak, Bajaj Auto is nearing EBITDA break-even for the electric scooter…