After a brief lull, mutual funds (MFs) have turned big buyers of shares again. Equity MFs have made net investments (higher purchases than sales) of nearly $1 billion (6,307 crore) in stocks in May (till 30th). They bought more shares than what they sold in value terms in all but two trading sessions during the month, data with market regulator Sebi showed.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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