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What India’s biggest mutual funds bought and sold in July

Investors in Indian equity mutual funds bought more last month, unfazed by the selloff that saw the nation’s $1.9 trillion market log its worst July in 17 years. Stock plans received₹8,110 crore ($1.2 billion), according to the Association of Mutual Funds in India. That’s an increase from ₹7,660 crore...
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Is it a good time to invest in equity mutual funds?

You should not place your investment decisions based on the prevailing market conditions. Equity mutual fund investments are recommended to investors to achieve their long—term financial goals like children’s education, retirement, and so on. When you are investing for a very long period, short-term volatility and trends really...
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118.42 Crore For SC Student Scholarship Funds

CHANDIGARH:  Punjab Chief Minister Amarinder Singh on Tuesday ordered the Finance Department to release Rs. 118.42 crore to clear the backlog of pending scholarship funds for Scheduled Caste students studying in 634 colleges. The backlog pertains to the fiscal 2015-16 and 2016-17, said an official spokesperson after the Chief Minister announced his...
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Debt mutual funds losing ground as NBFC stress hits segment

The great Indian middle class is on a perennial hunt for savings instruments that yield a bit more than bank deposits and are tax efficient. Debt mutual funds, which seemed to have met this need earlier, are losing ground rather quickly after the NBFCstress lately caused scheme values to plunge....
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