Top news and market movers ⚡ this week: 15th Jan’ 21

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The Dow Jones Industrial and the Nasdaq 100 touched all time highs of 31200 and 13200 respectively during this week.

SIP inflows surged to Rs 8,418 crore in December 2020, a rise of 15% from the previous month.

PGIM India Mutual Fund has revised the minimum purchase amount for all its schemes to Rs 5,000 with effect from January 08, 2021.

Kotak Mutual Fund and PGIM India Mutual Fund have launched NFOs for Kotak Nasdaq 100 Fund Of Fund and PGIM India Balanced Advantage Fund. The NFOs close on January 25 and January 29 respectively.

UTI Equity Fund has been re-classified as Flexi cap fund and renamed to UTI Flexi cap fund with effect from January 13, 2021.

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Data Source: NSE, BSE & Kuvera.in

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