Active largecap funds set to outperform for 2nd consecutive year

The majority of active largecap funds are set to outperform for the second year in a row in 2024, thanks to the strong performance of their midcap and smallcap allocations. Illustration: Dominic......

Mutual fund industry on a high; asset surges Rs 17 lakh cr in 2024

After a stellar 2023, the mutual fund industry sustained its growth momentum in 2024 with an impressive Rs 17 lakh crore surge in assets, driven by buoyant equity markets, robust economic growth,......

Zomato surpasses HUL, Nestle in Sensex with a weightage of 2.77%

Zomato on Monday became the first new-age company to join the prestigious 30-share benchmark Sensex, replacing JSW Steel. Photograph: Anushree Fadnavis/Reuters This milestone marks a significant......

IPO boom: Record Rs 1.6 lakh cr raised in 2024

Fundraising momentum is expected to accelerate further in the New Year, potentially surpassing 2024's record figures. Illustration: Dominic Xavier/Rediff.com Fundraising via IPOs in India hit......