News From Press Performance of active schemes fuels mutual fund industry momentum

Performance of active schemes fuels mutual fund industry momentum

Source: BS Nov 29, 2023

The improvement in the performance of actively managed mutual fund (MF) schemes is acting as a key tailwind for the nearly Rs 50 trillion industry, Kotak Institutional Equities (KIE) said in a report. The report adds that the two largest listed asset management companies (AMCs) — HDFC and Nippon India — are likely to be the biggest beneficiaries.

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