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Only 2 of 23 mutual fund themes gained in August; IPO, defence stay green as auto, railways and tech slide : Report
The Economic Times
September 19, 2026
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As the domestic equity market saw broad-based pressure in August, only two mutual fund themes - IPO and defence remained in positive territory among the 23 themes, whereas auto and railways were the biggest laggards, according to a report by Vallum Capital,IPO and defence themes gained 2.2% and 1.4%
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