Mutual fund assets surge 35% to a new high in FY24
Investor adoption of systematic investment plans (SIPs) continues to rise with monthly net inflows at around ₹19,300 crore in March 2024.
Investor adoption of systematic investment plans (SIPs) continues to rise with monthly net inflows at around ₹19,300 crore in March 2024.
Though equity MFs witnessed the seventh consecutive month of net outflows in January, AMFI's chief executive says investors will continue to tap MFs as a handy route for wealth creation.
While the mutual fund industry assets under management crossed ₹31 lakh crore, MFs continued to reel under record–high redemption pressure in December. What would the new year bring?
AMFI data reveals that industry’s net AUM fell over ₹4.96 lakh crore over February, and down nearly 5% compared to March 2019.
While benchmark indices continue to hit new highs, the jury is divided on the fate of markets in the ensuing year.