The Indian mutual fund industry experienced a blockbuster month in August 2024, with record-breaking net inflows of Rs 38,239 crore into equity-oriented funds, marking the 42nd consecutive month of positive inflows. Sectoral and thematic funds, particularly in Technology, Healthcare, and Retail, were the top performers, attracting significant investor interest. Additionally, factors such as strong market sentiment, increasing popularity of SIPs, and successful NFOs contributed to the industry’s growth and investor confidence.
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Nvidia's Stock and Business: How Did I Do With My 5-Year Predictions Made in 2020?
In March 2020, predictions were made regarding Nvidia's business and stock performance over five years, concluding with a self-assessed grade of B or B+. From March 1, 2020, to March 1, 2025, Nvidia stock achieved a remarkable total return of 1,760%, significantly outperforming the S&P 500's 118% return, transforming a $1,000 investment into $18,600. As of June 4, while Nvidia's five-year return has adjusted slightly, the overall success of the predictions remains evident. Full Article
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