Equity MF—The Best Wealth Creating Asset Class
The Indian equity markets might have got their mojo back. This is reflected in the rise of the key equity indices. They are up by 3 per cent to 10 per cent in a month till date. The overall market cap of the listed companies has increased by almost 5 per cent during this period. It has added Rs. 6.4 lakh crore of market cap in the last seven trading sessions ending March 12, 2019. It is almost equivalent to total assets under management (AUMs) of equity schemes at the end of February 2019.
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