Buy the dips trigger record inflows into equity mutual funds in October Buy the dips trigger record inflows into equity mutual funds in October Equity mutual funds experienced a significant surge in inflows in October, reaching a historic high of Rs 41,887 crore, a 22 per cent increase from the previous month, even as the stock markets faced a sharp correction. Vardan Pandhare / Tuesday, November 12, 2024 / Article rating: 3.3 Indian mutual fund industry's total assets under management (AUM) reached a new milestone of Rs 67.3 trillion, fueled by substantial inflows.
Mutual fund monthly snapshot - Net inflows take a dramatic dip, equity mutual fund inflow surges over 3 per cent in August Mutual fund monthly snapshot - Net inflows take a dramatic dip, equity mutual fund inflow surges over 3 per cent in August While debt funds took a hit in August 2024, equity funds, particularly small and mid-cap categories, showed resilience, helping the industry’s total assets to reach Rs 66.70 lakh crore. Vardan Pandhare / Tuesday, September 10, 2024 / Article rating: 5.0 Systematic Investment Plan (SIP) contributions hit a new peak, recording Rs 23,547.34 crore in August.