Mutual fund offerings that are believed to be safer investment options have witnessed marked surge in inflows, reflecta ing a shift in investor sentiment amid concerns over a potential global slowdown and elevated valuations in the midcap and smallcap segments.
RIS Largecap, flexicap, and balanced advantage funds together recorded a net inflow of ₹9,363 crore in August, representing a 70 per cent increase from the previous month's total.
"Equity valuations have risen sharply over the past four years, with midcap and smallcap stocks particularly seeing elevated levels. Investors are now looking for relative safety, which has led to increased inflows into largecap and balanced advantage funds," said D P Singh, deputy MD and joint CEO of SBI Mutual Fund, the country's largest asset management firm.
The Indian stock market faced turbulence during the early sessions of August, triggered by weaker-thanexpected US employment data, a rate hike by the Bank of Japan, and other global factors that contributed to significant corrections worldwide. However, the markets staged a sustained recovery in the latter half of the month.
هذه القصة مأخوذة من طبعة September 12, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة September 12, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
JSW MG Calls For GST Cut On Plug-In Hybrids
JSW MG Motor has requested the Centre to reduce goods and services tax (GST) on plug-in hybrid cars, which is currently 28 per cent.
India's Economy in Structural Slowdown: UBS
UBS Group AG is recommending investors short India's rupee and go underweight on the country's stocks amid slowing economic growth, a trend that could worsen after Donald Trump takes over as US president.
DoT to get 687 MHz of unused spectrum
This is part of one-time re-farming of unused airwaves allocated to ministries
Goyal to travel to Brussels today for FTA talks with EU
Meeting may give 'political direction' to expedite negotiations
Rebel as a boy next door
At a time when there were no monitors to preview shots, directors would use viewfinders to determine the dimensions of the frame, the lens required for the camera and the angle from which to shoot.
INDIA'S EDTECH MKT MAY REACH $29 BN BY 2030
India's edtech market, which was valued at $7.5 billion in 2024, is projected to reach $29 billion by 2030, according to a latest report.
Goyal bats for reducing auto component imports
Commerce and Industry Minister Piyush Goyal on Friday asked the auto components industry to start manufacturing machines and reduce import dependency.
Mild-mannered, but no pushover
Ever since Shivraj Singh Chouhan left Bhopal for Delhi to become agriculture and rural development minister in the Narendra Modi 3.0 government, he's been feeling a bit lonely.
Maruti Aims to Become India's Largest EV Maker Within a Year
Company's new launch e-Vitara will be available with a range of more than 500 km
Regulator opposes plea filed by Kirloskar Oil Engines in SAT
The Securities and Exchange Board of India (Sebi) on Friday submitted to the Securities Appellate Tribunal (SAT) that its advisory to Kirloskar Oil Engines (KOEL) was administrative in nature and thus non-appealable.
