Small-cap mutual funds' assets soar 83% to Rs 2.43 lakh crore in FY24
Wed, Apr 17, 2024 2:34 PM

Small-cap mutual funds' assets soar 83% to Rs 2.43 lakh crore in FY24

A Flip by Shubhangi Gupta
Get it on Google Play
Influx of flows, upsurge in retail investors' participation and bullish market conditions have boosted the assets for the small-cap mutual fund category to Rs 2.43 lakh crore mark at the end of March 2024, marking an 83% surge compared to the previous year. The surge in assets was complemented by an increase in the number of investors, with the number of folios reaching 1.9 crore in March 2024.

More great flips

Why Avenue Therapeutics (ATXI) Stock Is Falling Sharply

Why Avenue Therapeutics (ATXI) Stock Is Falling Sharply

Avenue Therapeutics ATXI shares are trading lower by 20.7% to $4.92 during Monday’s session after the company announced the exercise of warrants for $4.4 million in gross proceeds. These warrants were issued at different times with various exercise prices, but the warrant holders have agreed to exercise them at a reduced price of $6.20 per share.

Open Flip
Why EV-Maker Mullen Automotive's Stock Is Charging Monday

Why EV-Maker Mullen Automotive's Stock Is Charging Monday

Mullen Automotive, Inc. MULN shares are trading higher Monday after the company announced the California Air Resources Board has approved the 2024 Mullen THREE for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP). The Details: Under HVIP, the 2024 Mullen THREE EV truck, with a suggested MSRP of $68,500, qualifies for a cash voucher of up to $45,000.

Open Flip
What's Going On With ZyVersa Stock?

What's Going On With ZyVersa Stock?

ZyVersa Therapeutics, Inc. ZVSA shares are trading higher Monday after the company announced the publication of a scientific paper in a peer-reviewed journal that reinforces the rationale for inhibiting ASC with IC 100 to potentially attenuate cardiac comorbidities in patients with Alzheimer’s Disease.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon