Equity MF inflows hit 22-month high in Jan
Business Standard|February 09, 2024
Strong start to new calendar year with gross inflows topping ₹50K crore; Industry AUM nears ₹53 trillion

Equity mutual fund (MF) schemes have garnered the highest-ever gross inflows at ₹50,800 crore in January, despite a spike in volatility.

The inflows were boosted by a 7 percent month-onmonth (M-o-M) jump in the gross inflows through the systematic investment plan (SIP) route to hit a new high of 18,800 crore.

The record high gross inflows and a moderation in outflows led to a 28 percent M-O-M rise in the net inflows at 21,780 crore. the highest since March 2022.

"Despite slight volatility in January, the markets closed flat. Equity schemes experienced a surge in inflows with the sectoral and smallcap schemes being the primary contributors," said Akhil Chaturvedi, the chief business officer of Motilal Oswal AMC.

The gross into inflows equity schemes had first crossed the 50,000-crore mark in December 2023.

هذه القصة مأخوذة من طبعة February 09, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February 09, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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