Mutual fund AUM surges to ₹58.9 lakh cr in May; inflows in equity MF hit all-time high
Inflows in equity mutual funds jumped 83.42% to ₹34,697 crore in May, while contributions to SIPs touched ₹20,904 crore last month, AMFI data showed.
Inflows in equity mutual funds jumped 83.42% to ₹34,697 crore in May, while contributions to SIPs touched ₹20,904 crore last month, AMFI data showed.
Best performers in equity mutual fund category focused on buying high-growth companies that have competitive advantage at reasonable valuations.