PGIM India Asset Management has partnered with ONDC and Cybrilla Technologies to expand mutual fund access across India. The integration aims to empower distributors, lower costs, and introduce innovative formats like daily SIPs, reinforcing PGIMs mission of financial inclusion and democratizing investments, especially for smaller towns and rural investors.
Capitalmind Mutual Funds first scheme, Capitalmind Flexi Cap Fund, crossed Rs 100 crore AUM within 35 days of launch, reflecting strong investor participation, disciplined strategy, and community-driven confidence in its evidence-based wealth creation approach.
Top NSE large-cap companies posted impressive ROEs in FY25, led by Interglobe Aviation at 130%, followed by Nestle India, Hindustan Zinc, Vedanta, TCS, and Britannia, reflecting strong profitability across sectors.
The Chicago Bears are expected to publicly present their latest plans for a new stadium in Arlington Heights this fall, officials said, with the hope of breaking ground by spring.
Gold prices hit a record high on Monday. This happened after weak job data in the United States. The data increased the expectation that the US Federal Reserve will cut interest rates. Spot gold increased. The rise was also driven by a weaker dollar and central bank buying. Investors are now waiting for the US inflation report.