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India's equity mutual fund inflows hit record high
India's equity mutual fund inflows hit record high in October
By Bharath Rajeswaran (Reuters) -Inflows into India's equity mutual funds jumped to a record high of 418.87 billion rupees (about $5 billion) in October, rising 22% from the previous month, and partly offsetting hefty foreign outflows.
Equity mutual fund inflows surge over 21% in October amid broad-based gains
Large cap funds saw inflows more than double, rising to ₹3,452.3 crore from ₹1,769 crore in the previous month.
Equity mutual fund inflows surge 22% to Rs 41,886 crore amid market downturn
Smallcap funds saw inflows of Rs 3,771 crore, while multicap funds attracted Rs 3,596 crore in October. After six months of consecutive outflows, focused funds and ELSS funds experienced a trend reversal,
Equity Mutual Funds See Record Rs 41,887 Crore Inflow In October
This also marks the 44th consecutive month of net inflow in the equity-oriented funds, highlighting the ever-increasing appeal of mutual funds among investors, data with the Association of Mutual Funds in India (AMFI) showed on Monday.
Top stories: Mutual funds see record inflows, Asian Paints sinks, Vistara’s farewell and more
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Equity mutual funds see record Rs 41,887 cr inflow in October
Equity mutual funds witnessed a record inflow of Rs 41,887 crore in October, marking a surge of over 21 per cent on a month-on-month (MoM) basis, fuelled by robust investments in thematic funds
AMFI October 2024 Data: Equity inflows touch ALL TIME HIGH of Rs 41887 cr
Amid a weak market, mutual fund investors poured in Rs 41,887 crore in equities, higher by 21.7% on a month-on-month basis in October, shows AMFI data.
Equity mutual fund inflows skyrocket 21.69% to ₹41,887 crore in October: AMFI
Equity mutual fund inflows rose by 21.69 percent month-on-month to ₹41,887 crore in October, as reported by AMFI on November 11, with growth noted across all equity fund categories.
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