Investor confidence in mutual fund schemes has remained strong during a period of downward-biased volatility in both the Nifty-50 and Sensex. Mutual fund schemes’ net assets under management reached a new high of Rs 68 lakh crore. Every month, however, equity inflows in November decreased by 14% to Rs 35,943.49 crore. This decline was the…
According to data published on November 11 by the Association of Mutual Funds of India (AMFI), the trade association for mutual funds, open-ended equities mutual fund inflows increased 21.69 percent month-over-month (MoM) to Rs 41,887 crore in October across the equity fund category. For the 44th consecutive month, inflows into open-ended equities funds were in…
The inflow of foreign direct investment (FDI) into India fell 13% to $32.03 billion between April and December 2023. The fall was primarily caused by lower FDI into the computer hardware and software, telecom, auto, and pharmaceutical sectors. 36.74 billion dollars in foreign direct investment (FDI) came in over the same nine months of the…
