Despite poor markets, equity fund inflows reached a record high of Rs 41,887 cr in October: AMFI

According to data published on November 11 by the Association of Mutual Funds of India (AMFI), the trade association for mutual funds, open-ended equities mutual fund inflows increased 21.69 percent month-over-month (MoM) to Rs 41,887 crore in October across the equity fund category. For the 44th consecutive month, inflows into open-ended equities funds were in…

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A cyclical low for the cement industry

A slight recovery is anticipated in the second half of FY25 as the cement industry navigates through a cyclical trough. The demand is undoubtedly slowing down after a strong expansion in FY22 and FY24. Cement consumption in India has historically increased at about 6% in tandem with GDP development. Nonetheless, over the last three years,…

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