LG Wing
Equity mutual funds record significant net inflows in Sep
While the overall net flows experienced a dip in various categories, it is noteworthy that thematic/sectoral funds extended their positive trend into the current month, attracting the highest net inflows.
Indian Mutual Fund Industry midway to the target of Rs 100 lakh crore AUM
According to ICRA, the AUM of the Indian mutual fund industry grew by nearly 19 per cent to touch Rs 46.63 lakh crore as on August 31, up from Rs. 39.33 lakh crore as on August 31, 2022.
Mutual funds increase weightage in technology, metals, consumer durables sectors
Conversely, private banks, PSU banks, oil and gas, consumer, and NBFCs saw a MoM moderation in weights.
LG, SK reach last-minute settlement in US battery dispute
The US International Trade Commission (ITC) in February sided with LG in a trade secret case and issued a 10-year import ban on SK, while temporarily allowing shipments of battery components for Ford and Volkswagen to give them time to find new suppliers.
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