Thursday, Oct 10 2024 | Time 08:09 Hrs(IST)
image
Business Economy


Small-cap funds grow to Rs 1.82 lakh cr by July end

Mumbai, Sep 11 (UNI) Asset under management (AUM) of small-cap funds in India has grown from Rs 38,820 crore as of May 2020 to Rs 1.82 lakh crore at end of July 2023, while the number of folios (individual investors) have also grown from 52 lakh to 1.16 crore during the same period.
According to AMFI data that was revealed here on Friday, net inflows in small-cap funds were Rs 4,174 crore in July, accounting for 55 per cent of the total inflows.
Many small- and mid-cap companies are benefiting from themes such as “Make in India” and “China Plus One”.
In Financial Year 2022-26 period, the domestic electronics market is expected to grow at (+) 18 per cent CAGR to USD 225 billion by FY26, fostering a robust growth cycle for the Indian electronics manufacturing services (EMS) sector.
In textiles sector, companies present in home textiles and garmenting are trying to grab the large export opportunity, a press release said here on Saturday.
UNI JM SS
More News
Rupee marginally rise 1 paisa against USD

Rupee marginally rise 1 paisa against USD

09 Oct 2024 | 6:02 PM

Mumbai, Oct 9 (UNI) The Rupee on Wednesday rose marginally by one paisa to close at 83.96 against USD on selling of US Dollar by bankers and exporters, dealers at the Foreign exchange said.

see more..
Sensex falls 167 71 pts

Sensex falls 167 71 pts

09 Oct 2024 | 6:00 PM

Mumbai, Oct 9 (UNI) The BSE Sensex on Wednesday slipped 167.71 pts to close negative at 81,467.10 on profit booking by local operators.

see more..

Kottayam-Kochi Rubber Market Rates

09 Oct 2024 | 6:00 PM

Kottayam, Oct 9 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.

see more..

Hyundai Motor India to launch its Rs 25,000-cr IPO on Oct 15

09 Oct 2024 | 5:59 PM

Mumbai, Oct 9 (UNI) Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, will come out with the largest initial public offering (IPO) in India of Rs 25,000 crore after LIC's initial share sale of Rs 21,000 crore.

see more..

Sensex falls 167 71 pts

09 Oct 2024 | 5:58 PM

Mumbai, Oct (UNI) The BSE Sensex on Wednesday slipped 167.71 pts to close negative at 81,467.10 on profit booking by local operators.

see more..
image