Perspective on December AMFI Data Says Mr. Akhil Chaturvedi, Motilal Oswal Asset Management
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Below Perspective on December AMFI Data by Mr. Akhil Chaturvedi, Chief Business Officer, Motilal Oswal Asset Management Company.
“Equity funds saw a jump in net inflows to 7.3k crores in December from 2.2k crores in November. This was led by increased flows in Mid & Small cap categories which after the recent fall has started to look attractive in terms of valuations. We are also seeing highest inflows in our Midcap fund in line with the overall industry. SIPs continue to create new milestones with above 13k crores of inflows for the 3rd straight month. This highlights the strong domestic flows which has also helped to negate the recent selling by FIIs.”
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