Equity mutual fund inflows rise 31% in September; small-cap schemes hit all-time high


Equity mutual fund schemes attracted net inflows of ₹38,293.5 crore in September, up 30.6% from ₹29,315 crore in August, according to data from the Association of Mutual Funds in India (AMFI).

The mutual fund industry’s total assets under management (AUM) stood at ₹82.64 lakh crore at the end of September, compared with ₹87.07 lakh crore in August.

Among equity categories, small-cap funds recorded their highest-ever monthly inflows, while mid-cap fund flows reached a multi-month high. Sectoral funds also saw a sharp increase in inflows.

Gold exchange-traded funds (ETFs) attracted ₹4,450 crore in September, up 71.4% from ₹2,597 crore in August.

This is a developing copy

NOTE TO READERS

Disclaimer: This article is for informational purposes only and should not be construed as investment advice. Readers should consult certified experts before making any investment decisions.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *