Despite concerns of overvaluation in the mid-cap space, mutual fund managers are generally bullish on this segment. As per ACE MF research application, mid-cap stocks account for Rs 8.7 trillion or 20 percent of the equity Assets Under Management (AUM) of the mutual fund industry, which is Rs 42.6 trillion. The total AUM of the overall MF industry stood at Rs 67 trillion as on August 31, 2024.
Domestic mutual funds hold the match to GIFT IFSC's listing fire
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