09-08-2024 05:54 PM | Source: Motilal Oswal Financial Services Ltd
Perspective on AMFI Data by Mr. Akhil Chaturvedi, Executive Director & Chief Business Officer, Motilal Oswal Asset Management Company

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Below the Perspective on AMFI Data by Mr. Akhil Chaturvedi, Executive Director & Chief Business Officer, Motilal Oswal Asset Management Company

 

“Broad momentum in equity flows continue with 37k cr of Net flows, but more encouraging is the growth in SIP book from 21k to 23.3k cr (approx. 2k cr). There is still positivity on NFO’s especially in the thematic space with 13k cr of inflows. The marginal decline in the overall equity MF inflow by ~9% and increased flow in debt funds can be attributed to the market volatility and global concerns amongst few investors. Investors with a long term view can continue to be positive on their investments with the India growth story in play.”

 

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