Mutual funds increase exposure to banking, IT stocks amid outperformance

The performance of banking and information technology (IT) stocks has had a significant impact on the composition of diversified mutual fund (MF) portfolios. Illustration: Dominic......

Passive investments surge in 2024: Index fund folios double, ETFs up 40%

Index funds and exchange-traded funds (ETFs) have added a record number of investment accounts in 2024, buoyed by the sectoral and thematic investing euphoria that has spilled into the passive......

Relentless FII selling hits market sentiments; Sensex down 200 points

Equity benchmark indices Sensex and Nifty extended their downward trend to eighth day in a row on Friday as investors' sentiments were plagued due to persistent foreign fund outflows. Photograph:......

Equity MFs cap strong 2024 with near-record inflows in December

Equity mutual funds (MFs) capped a strong 2024 with near-record inflows in December. With net inflows of Rs 41,156 crore in December, the 2024 tally surged to Rs 3.9 trillion, up 144 per cent......