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● Neutral for Indian equities
Legacy AMCs show resilience as market volatility tests funds
The brief
- Legacy fund houses outperformed newer AMCs in four of six mutual fund categories
- The comparison may help Indian mutual fund investors assess AMC performance across categories
- Reliance Industries fell 25% this year: Which mutual funds have the highest exposure — and should you be worried?
- Only 62 mn invest in MFs despite 500-550 mn UPI users in India: EY report
- Gold and silver ETFs fall as bullion prices slide amid higher yields and Fed rate-hike fears
- Bulls out of steam, it’s slow & steady on D-Street
- SEBI’s new PMS framework could potentially double industry size over time: APMI Chairman Vikas Khemani