MUTUAL FUND FOLIOS CROSS 22.5 CRORE BARRIER Between November and December 2024, the total number of mutual fund folios grew from 22.08 Crore folios to 22.50 Crore MF folios; an accretion of 1.90%. One must remember that these are folios or unique mutual fund accounts, and the actual unique investors in mutual funds mapped on PAN is about 5.3 crore.
Open FlipShares of Brigade Enterprises Limited are in focus today after the company announced that it is entering into a Memorandum of Understanding (MoU) with Technopark to develop a World Trade Centre (WTC) in Thiruvananthapuram. The shares are currently trading at around Rs 1,077, down by Rs 72 or about 6 percent, as seen at 1:48 pm on January 13.
Open FlipMacquarie initiated coverage on IRCTC with an "Outperform" rating and a target price of ₹900, indicating a potential upside of 15.5 per cent from its previous close of ₹779.55. The bullish view comes despite IRCTC delivering negative returns for nine consecutive months, reflecting the brokerage's confidence in the company's long-term growth potential.
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