Mirae Asset Launches Multicap Fund to Capture India’s Growth Amidst Global Turbulence

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Mirae Asset Mutual Fund has introduced the Mirae Asset Multicap Fund, an open-ended scheme that will invest in large-cap, mid-cap, and small-cap stocks, providing a dynamic approach to risk and reward management. The fund, open for subscription from July 28 to August 11, 2023, will track the NIFTY 500 Multicap 50:25:25 TRI. Fund Manager Ankit Jain believes that despite global economic challenges, the Indian economy continues to exhibit impressive growth, and the new fund aims to capitalize on positive developments across sectors for its investors.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

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