India equity mutual funds got inflows worth Rs 19,957 crore in October, up from Rs 14,091 crore in September, and the month saw the third highest monthly inflow into equity funds in the year 2023, as per Deepak Jasani, Head of Retail Research, HDFC Securities.
Small- and mid-cap categories contributed about Rs 7,000 crore, shrugging off restrictions on lump-sum investments and new SIPs by several funds. SIP contribution to mutual funds industry in October stood at Rs 16,928 crore compared ...
October sees third highest monthly inflow into equity funds
