Try GOLD - Free
Equity fund inflows drop 11% in Sept; sectoral funds continue to drive growth
The New Indian Express
|October 11, 2024
INFLOWS into equity mutual funds saw a drop of 11% in September even as thematic and sectoral funds continue to drive healthy collections. In September, net inflows into equity funds fell to ₹34,419 crore from ₹38,239 crore in the previous month. The drop in equity fund inflows was despite a 2% jump in the equity markets during the month.
-
According to experts, the drop in equity fund inflows could be owing to investors' concern over valuation, increasing geo-political uncertainty and moderation in earnings, resulting in redemption from equity funds. Of the ₹34,419 crore net inflows into equity funds in September, sectoral and thematic funds accounted for ₹13,254 crore, or 38.5% of the net inflows during the month. In August, these funds had account
This story is from the October 11, 2024 edition of The New Indian Express.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express
The New Indian Express
DEEPER DIALOGUES FROM MARGINS
Five events held as part of Porombokkiyal 2025 shifted the spotlight on Unknown, unheard stories in the form of discussions and a play
2 mins
October 04, 2025
The New Indian Express
WAR PUSHES GAZA'S ENVIRONMENT TO FULL-SCALE COLLAPSE
TWO years of relentless conflict in the Gaza Strip have left an environmental disaster of unprecedented scale, the United Nations Environment Programme (UNEP) warns in a new report released this week.
3 mins
October 04, 2025
The New Indian Express
HE WHO SPOKE TRUTH TO POWER
VETERAN journalist, writer and columnist, who was Director of Express Publications (Madurai) Private Limited and Editorial Advisor to The New Indian Express, Thayil Jacob Sony George-popularly known as TJS George or TJS passed away on Friday afternoon at a private hospital in Bengaluru.
2 mins
October 04, 2025
The New Indian Express
Group leading mass protests for reforms in Morocco seeks dismissal of government
THE group leading Morocco's mass protests called on Friday for the government's dismissal, following days of unrest that have seen the deaths of three people.
1 mins
October 04, 2025
The New Indian Express
'India is no longer seen as outsourcing destination'
INDIA is no more an 'outsourcing destination' for advanced countries, believes Lord Karan Bilimoria, the founding Chairman of the UKIndia Business Council (UKIBC).
1 mins
October 04, 2025
The New Indian Express
Hopes fade for end to U.S. shutdown as Don readies cuts
HOPES for a quick end to the government shutdown were fading Friday as Republicans and Democrats dug in for a prolonged fight and President Donald Trump readied plans to unleash layoffs and cuts across the federal government.
1 mins
October 04, 2025
The New Indian Express
No public gathering on highways till SOPs are framed, HC tells govt
Court rejects pleas for CBI probe into stampede, says investigation still at nascent stage
1 mins
October 04, 2025
The New Indian Express Chennai
Sacred Poromboke:
Irula Gatherers and Divine Rituals
1 mins
October 04, 2025
The New Indian Express Chennai
Natural Vs Conventional: Study finds new social structure in farming practices
NATURAL farming is class and caste specific, with no substantial benefits in terms of monetary gain or dietary diversity compared to conventional farming.
2 mins
October 04, 2025
The New Indian Express
Got only copper panels from Sabarimala: Firm
THE controversy over the gold-plated panels of Sabarimala Lord Ayyappa temple is getting murkier, putting the Travancore Devaswom Board (TDB) on the defensive.
1 min
October 04, 2025
Listen
Translate
Change font size