80% of equity mutual funds outperform respective benchmarks in October 2024, PL Wealth study finds
In October 2024, 80% of equities mutual funds beat their respective benchmarks, following a recent performance review by PL Wealth Management. The assets under management (AUM) of stock mutual funds fell by 4.03% sequentially, from INR 26,43,291 crore in September 2024 to INR 25,36,803 crore in October 2024, excluding Sectoral/Thematic Funds.
The Burst
“SELL”: Wall Street’s Most Accurate Analyst
When Bank of America’s Chief Investment Strategist turned bullish last month amid a plethora of dire sentiment readings, few paid close attention.
Then the markets rose by 20% off their lows.
So, what is Wall Street’s most accurate analyst saying now?
In a word: SELL.
The Bear Market Is Not Over
According to Hartnett,
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Alert: 94 Million Reasons To Buy Top Healthcare Stock
Investment Alert: Buy Iqvia (IQV) Under $190
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
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