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    HomeNewsBusinessMarketsIndian mutual funds ride US rally in June as Big Tech boosts global bets

    Indian mutual funds ride US rally in June as Big Tech boosts global bets

    Meta, Microsoft, Amazon lead Rs 1,200-plus crore gain in foreign portfolios; PPFAS, Motilal Oswal among top beneficiaries despite regulatory buying curbs

    Anishaa Kumar
    July 17, 2025 / 14:57 IST
    These mark-to-market gains were in line with a strong month for US equities. The S&P 500 rose 4.96 percent in June, pushing its year-to-date return to 5.50 percent. The Dow Jones Industrial Average also gained 4.32 percent during the month. Despite the monthly gains, mid- and small-cap indices remained negative for the year.
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