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Equity mutual fund inflows dipped 19% in October to 24,690 crore as investors adopted a cautious stance amid market uncertainty. While SIPs saw a marginal rise, debt funds attracted 1.60 lakh crore, primarily driven by liquid and overnight schemes. Hybrid categories also witnessed increased inflows, signaling a focus on diversification and risk management.
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Start-up fundraising has raised uncomfortable questions about valuations, but signals a maturing ecosystem.
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It says its current network of 696 branches will remain until at least 2030.
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