Equity mutual funds’ AUM reach Rs 23.8 lakh crore in June in India

IANS | July 15, 2024 1:08 PM

Mumbai, July 15 (IANS) The assets under management (AUM) of equity mutual funds witnessed a growth of 8.27 per cent sequentially to reach Rs 23,84,727 crore in June, from Rs 22,02,497 crore in May (excluding sectoral/thematic funds), a report showed on Monday.

'FPI community to play key role in positioning India as 3rd largest economy'

IANS | July 13, 2024 5:17 PM

New Delhi, July 13 (IANS) The net foreign portfolio investor (FPI) inflows turned green this month, both in the equity and debt segment, and as India enters 'Amritkaal', the FPI community will play a major role in positioning it as the third largest economy in the world, market experts said on Saturday.