In another feather in the cap for the industry, SIP (systematic investment plan) contributions crossed the 18,000-crore mark for the first time to scale an all-time high of ₹18,838.33 crore.
Equity funds saw net inflows of 21,781 crore in January, up from the ₹16,997 crore in December. This was powered by a strong 3,256.98 crore net inflows into small-cap funds, 4,804.69 crore into sectoral/thematic funds, and 3,038.67 crore in multi-cap funds.
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