The fair value of Nifty is expected to grow at a decent pace over the next five years, says Union Asset Management Company Chief Executive Officer G Pradeepkumar. He also expects a rate cut by the end of the year but counts the monsoon and oil prices as key risks
Given the current context of slowing global growth and a cyclical upswing for India, the framework is pointing to overweight financials and a neutral stance on the IT sector, says Sanjay Bembalkar of Union Asset Management Company
Number of women investors in the age group 18-24 more than quadruple between December 2019 and December 2022; more than double in the age group of 25-35 years.
BENGALURU (Reuters) - Inflows into Indian equity mutual funds jumped 31% sequentially to 205.34 billion rupees ($2.51 billion) in March, the highest in 12 months, data from the Association of Mutual Funds in India (AMFI) showed on Thursday. | 06:56am
Inflows into Indian equity mutual funds jumped 31% sequentially to 205.34 billion rupees ($2.51 billion) in March, the highest in 12 months, data from the Association of Mutual Funds in India (AMFI) showed on Thursday.