India’s MF industry could hit ₹800 lakh crore in 10 years: Raamdeo Agrawal

India’s mutual fund industry could grow ten-fold in the next decade, reaching ₹600–800 lakh crore in AUM, up from the current ₹80 lakh crore, predicts Raamdeo Agrawal.

India’s mutual fund industry could grow ten-fold in the next decade, reaching ₹600–800 lakh crore in AUM, up from the current ₹80 lakh crore, predicts Raamdeo Agrawal.

Shares of SBI Cards and Payment Services Ltd ended at ₹730.65, up by ₹4.40, or 0.61%, on the BSE.

The project is estimated to unlock a saleable area of around 20.7 lakh square feet, with a gross development value (GDV) of approximately ₹4,521 crore.
Gautam Trivedi, Co-Founder of Nepean Capital, says Middle East tensions have disrupted improving sentiment for India despite recent FII inflows and positive economic developments. He notes emerging markets are seeing strong inflows, but India may lag due to higher oil…

CLSA said Vedanta is best positioned to benefit from this trend given its exposure to aluminium, zinc and oil.

Wright further asserts that record-breaking US oil and gas production has kept current fuel prices significantly lower than the previous administration’s peak.

CLSA noted that about 45% of the tyre industry’s raw-material basket is linked to crude oil, while another 45% is tied to natural rubber prices.

The brokerage said that historically, rising input costs have led paint companies to take price hikes, which typically narrows the gap between volume growth and value growth.

United Breweries told CNBC-TV18 that the steps announced are ones in the right direction and they await more clarity on the steps.

Shares of FSN E-Commerce Ventures Ltd., Nykaa’s parent, hit lows on Friday, after Macquarie kept an “Underperform” rating, citing growth concerns. Target price: ₹210.