Main News
- Open-ended equity mutual funds witnessed inflows of Rs. 16,997 crore in January 2024. The net Assets Under Management (AUM) of the total investment industry stood at ₹50.48 Lakh crores.
- SIP inflows jumped 36% on a YoY basis to ₹18,838 crore in January 2024 as compared to inflows of ₹13,856 crore in January 2023.
- RBI’s MPC maintained the status quo on the repo rate and kept it unchanged at 6.5%. The committee projected the real GDP growth forecast at 7% and the inflation forecast at 4.5%.
- Shares of BLS E-Services were listed at a premium of 129% over the issue price of ₹135 during Apeejay Surrendra Park’s IPO was oversubscribed by 62.91 times.
- Nippon AMC, SBI AMC, Bajaj AMC, BOI AMC, HSBC AMC, Axis AMC, HDFC AMC and Groww AMC launched the NFOs for Nippon India Nifty Bank Index Fund, Nippon India Nifty IT Index Fund, SBI Energy Opportunities Growth Fund, Bajaj Finserv Large & Mid Cap Growth Fund, BOI Multi Asset Allocation Growth Fund, HSBC Multi Asset Allocation Growth Fund, Axis S&P BSE Sensex Index Growth Fund, HDFC Nifty200 Momentum 30 Index Growth Fund and Grown Nifty Smallcap 250 Index Growth.
Kuvera is a free direct investment investment platform. Unless otherwise stated data sourced from BSE, NSE and kuvera.in
Here’s your comprehensive 3-minute summary of everything Finance Minister Nirmala Sitharaman said in her budget speech: Click to download!
Catch all Business News, Market News, Breaking News and Latest News Updates on Live Mint. Check out all the latest action on Budget 2024 here. Download The Mint News App to get Daily Market Updates.
More or less
Published: 10 Feb 2024, 11:55 IST