Equity MFs inflow drops 16% in Apr; SIP contributions cross ₹20k cr-mark
The Free Press Journal|May 10, 2024
Equity mutual funds attracted Rs 18,917 crore in April, marking a slump of 16 per cent from the preceding month, on a huge decline in inflow in large-cap funds and increased volatility in market owing to pre-elections phase.
Equity MFs inflow drops 16% in Apr; SIP contributions cross ₹20k cr-mark

This also marks the 38th consecutive month of net inflows in equity funds, starting from March 2021, data with the Association of Mutual Funds in India (AMFI) showed on Thursday.

Despite the decline in inflow, monthly Systematic Investment Plan (SIP) contributions crossed the Rs 20,000 crore-mark and reached an all-time high of Rs 20,371 crore in April compared to Rs 19,271 crore in the previous month. Further, SIP accounts surged to 8.7 crore in April with 63.65 lakh new registrations.

هذه القصة مأخوذة من طبعة May 10, 2024 من The Free Press Journal.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 10, 2024 من The Free Press Journal.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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