PGIM India Mutual Fund

Over 81 lakh new investor accounts added in Mutual funds in Apr-May FY25

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Over 81 lakh new investor accounts added in Mutual funds in Apr-May FY25

Over 81 lakh investors’ accounts have been added in the mutual funds industry. The addition was noted in the first two months of the current fiscal (FY25), and are mainly due to consistent marketing efforts, celebrity endorsements and dedicated work of the distribution network.  Trivesh D, COO of stock trading platform Tradejini, told PTI that … Read more

ETMarkets Fund Manager Talk: Amid falling banking system liquidity, this fund manager recommends staying overweight on govt bonds

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ETMarkets Fund Manager Talk: Amid falling banking system liquidity, this fund manager recommends staying overweight on govt bonds

The surplus liquidity in the banking system has come down from the highs of last year, and the Reserve Bank of India has reiterated that it will remain focussed on the withdrawal of liquidity. PGIM India Mutual Fund expects the banking system liquidity to turn negative by October this year. “This can put pressure on … Read more