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Mutual fund SIP inflows hit 3-month high of Rs 31,781 crore in June
Mutual fund SIP inflows rose to a three-month high of Rs 31,781 crore in June, up 3% month-on-month and 17% year-on-year, according to AMFI data. Equity mutual fund inflows also rebounded sharply, jumping 26% from May to Rs 28,973 crore, reflecting stronger investor participation and renewed interest in equity schemes amid improving market sentiment.
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newsbytesapp.com
Indian mutual funds surpass FIIs in assets for first time
India's mutual fund industry has surpassed foreign institutional investors in assets under custody, driven by strong SIP inflows and robust domestic participation.
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thehindubusinessline.com
Mutual fund assets surpass FPIs for the first time as SIP inflows drive retail investing
Mutual fund assets exceed FPIs for the first time, driven by ₹30,000 crore-plus monthly SIP inflows, though foreign investors continue to lead in equities.
