Equity mutual funds surge to historic Rs 34,697 crore inflows in May

Unperturbed by election uncertainty, investors poured record sums into equity mutual fund (MF) schemes in May, driving India closer to a $5 trillion market capitalisation. Illustration: Dominic......

What's in store for mutual fund investors in 2024?

The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds. Illustration: Dominic......

Fund managers find comfort in largecaps as Sensex tops 70K

Following the sharp run in markets, valuations across the board have become elevated. The National Stock Exchange Nifty50 Index now trades at a 12-month trailing price-to-earnings (P/E) multiple of......

MFs raise equity bets as valuations improve; fund houses invest Rs 55k cr

Mutual fund houses have been on an equity buying spree in the past three months as they have invested a net amount of Rs 55,000 crore in them between January and March 2023. Illustration: Dominic......