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Inflows into equity mutual funds jump 14% in December
Mint Kolkata
|January 10, 2025
The overall assets under management of mutual funds came at ₹66.93 tn as on 31 December 2024
Inflows into mutual funds' equity schemes increased by over 14% on-month to ₹41,156 crore in December, even as market volatilities continued.
The small and mid-cap schemes of mutual funds continued to attract investor interest with inflows touching record highs during the month, despite the concerns being expressed about the two segments for the risk they portend, industry body Amfi said.
Inflows into systematic investment plans (SIPs) came at ₹26,459 crore, up from November's ₹25,320 crore.
The SIP assets under management stood at ₹13.63 trillion, which is around a fifth of the overall.
This story is from the January 10, 2025 edition of Mint Kolkata.
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