Equity mutual funds record strong surge with net inflows rise around 80%: AMFI
In June, it was at Rs 23,568 crore in June. The data further revealed that the Rs 30,416 crore has come through new fund offerings.
In June, it was at Rs 23,568 crore in June. The data further revealed that the Rs 30,416 crore has come through new fund offerings.
Equity mutual fund inflows marginally fell 3.6 per cent on a monthly basis to Rs 39,687.78 crore in January, data released by the Association of Mutual Funds of India (AMFI) said.
The assets under management (AUM) of the mutual fund industry rose to an all-time high of Rs 31.02 lakh crore in December-end from Rs 30 lakh crore in November-end on inflow from debt funds.