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Indias mutual fund AUM reached Rs 65 trillion in FY25, growing at 24% CAGR since FY20. Retail and HNI participation also rose, driven by fintech-led SIP adoption, equity fund outperformance, and expanding reach in Tier-2 and Tier-3 cities.
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Despite a flat Sensex close, nine BSE Commodities stocks hit 52-week highs on Tuesday, signaling bullish momentum driven by strong monthly gains across cement, fertilizer, and chemical sectors.
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Schloss Bangalore, operator of The Leela Hotels, posted a Rs 9 crore Q1 profit versus a Rs 75 crore loss last year. Revenue rose 20% YoY to Rs 275 crore, with strong EBITDA growth and margin expansion driven by luxury demand and operational efficiency.
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