Below the Quote On October Sees Record Inflows in Equity Mutual Funds, Debt Funds, and SIP Contributions By Rishabh Goel, MD, Tailwind Financial Services
October was a remarkable month for the Indian mutual fund industry, which witnessed record inflows in equity mutual funds, strong SIP growth, and a significant boost in debt fund investments. According to data from the Association of Mutual Funds in India (AMFI), overall mutual fund inflows reflected robust investor confide...
October Sees Record Inflows in Equity Mutual Funds, Debt Funds, and SIP Contributions By Rishabh Goel, MD, Tailwind Financial Services
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
