1. Open ended equity mutual funds witnessed inflows of ₹6120 crore in August 2022. The net Asset Under Management (AUM) of the Mutual Fund industry rose to ₹39.28 lakh crore.
2. India has surpassed the United Kingdom to become the world's fifth-largest economy. According to a Bloomberg report, Indian Economy was worth $855 billion compared to U.K.’s $816 billion
3. Shares of Dreamfolks Services got listed at a premium of 55% over issue price of ₹326 while IPO of Tamilnad Mercantile Bank got oversubscribed by 2.9 times.
4. Kotak Mahindra MF has launched the NFO for Kotak Business Cycle Growth Fund. The NFO closes on September 21.
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