SIP inflows in India cross Rs 26,000 crore mark for 1st time in December: AMFI
New Delhi, Jan 9 (IANS) Monthly systematic investment plans (SIPs) surpassed the Rs 26,000 crore mark for the first time in the month of December, showcasing that small investors continue to rely on mutual funds for long-term investments, as per the data released by the Association of Mutual Funds of India (AMFI) on Thursday. The […]
Inflows in open ended equity funds in India up for 46th month in a row
New Delhi, Jan 9 (IANS) Despite muted equity market performance during the month of December, inflows in open-ended equity funds stayed in the positive zone for the 46th month in a row, industry experts said on Thursday. Actively managed equity mutual fund inflows saw over 14 per cent monthly growth at Rs 41,155.9 crore in […]
