Equity MF inflows in November drop 14%
Financial Express Lucknow|December 11, 2024
● Second consecutive month of SIP inflows crossing the ₹25,000-crore mark
KISHOR KADAM & JOYDEEP GHOSH
Equity MF inflows in November drop 14%

AT A TIME when both the Nifty-50 and Sensex have seen volatility with a downward bias, investors have continued to keep their faith in mutual fund schemes.

Net assets under management of mutual fund schemes rose to a new milestone of ₹68 lakh crore. However, on a month-on-month basis, there was a 14% decline in equity inflows in November at ₹35,943.49 crore. This was the biggest drop in the previous seven months.

Both the Nifty and Sensex were flat during the month, returning (-0.31%) and 0.52%, respectively.

The SIP (systematic investment plan) book continued to be the key driver, attracting ₹25,319.66 crore, marginally lower than ₹25,322.74 crore in October. This was the second consecutive month of SIP inflows crossing the ₹25,000-crore mark.

هذه القصة مأخوذة من طبعة December 11, 2024 من Financial Express Lucknow.

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 December 11, 2024 من Financial Express Lucknow.

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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