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Record SIP inflows exceed Rs 26,000 crore in December for equity mutual funds

share-iconPublished: Friday, January 10 share-iconUpdated: Friday, January 10 comment-icon10 months ago
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INDIATIMES
Record SIP inflows exceed Rs 26,000 crore in December for equity mutual funds

Credited from: INDIATIMES

  • Retail investors contributed Rs 41,156 crore to equities via mutual funds in December, despite market fluctuations.
  • Systematic Investment Plan (SIP) inflows reached a record Rs 26,460 crore, marking the highest gross monthly figure ever.
  • This marks the 46th consecutive month of net inflows into equity funds since March 2021, highlighting a shift in investor behavior.
  • Mid and small-cap schemes saw inflows of Rs 9,761 crore, achieving the highest monthly inflow since April 2019.
  • Despite these gains, the total assets under management in the mutual fund sector dropped to Rs 66.9 lakh crore from Rs 68.1 lakh crore in November.

For full article, visit Times of India.

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