MFs rake in record Rs 14,370 cr via equity NFOs in June

A strong influx of 11 equity new fund offers (NFOs) in June, particularly within the thematic space, helped mutual funds collect Rs 14,370 crore — the highest ever via such introductory......

'No Derating Due To Coalition Govt'

'Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs.' Illustration: Dominic Xavier/Rediff.com The banking sector faces only one concern: The weakness in......

Street Signs: DMart's stock surge, tepid GMP, IPO lull, and more

Shares of Avenue Supermarts (DMart) have rallied 15 per cent in the past month, even as the benchmark National Stock Exchange Nifty has remained flat. Photograph: Danish Siddiqui/Reuters The......

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......