Buy the dips trigger record inflows into equity mutual funds in October
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 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

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 Article rating: 5.0

Systematic Investment Plan (SIP) contributions hit a new peak, recording Rs 23,547.34 crore in August.

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