According to data issued by the Association of Mutual Funds of India (AMFI) on January 9, inflows into open-ended equity mutual funds increased 14.5% over the previous month to Rs 41,155.91 crore in December, driven by increased investments in small-cap and thematic/sectoral funds. In December, the monthly inflows through the systematic investment plan (SIP) surpassed…
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…
The Association of Mutual Funds of India (AMFI), the industry trade group for mutual funds, issued data on August 9 that showed a decline in investments in large- and mid-cap funds during July, resulting in an 8.61 percent decline in inflows into open-ended equities mutual funds to Rs 37,113.39 crore. According to AMFI data, monthly…
