88% of top 25 MF schemes close higher in August, Axis Bluechip Fund leads

Quick Summary:

Sectoral and thematic funds continue to be the darlings of investors.

Shift Towards Large Caps: Investors may have shifted towards large-cap funds for stability and valuation considerations.

These funds, which focus on specific sectors or themes, attracted a massive Rs 18,117 crore in August alone.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Dal chawal funds Flexi funds Mutual funds Sectoral funds Advanatage funds

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 14:03:26 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 486 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22487394

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