News Summary

• Equity mutual funds delivered returns of up to 7% last week (May 25–29) Mirae Asset Global X Artificial Intelligence & Technology ETF FoF delivered the highest return of around 6.51%.
• HSBC Global Emerging Markets Fund delivered a return of 3.98% during the period.
• Kotak Global Emerging Market Overseas Equity Omni FoF and PGIM India Emerging Markets Equity FoF deliver returns of3.48% and 3.45%, respectively, during the week.
• Motilal Oswal Active Momentum Fund, a thematic fund, delivered a returning 3.33%.