Investors are liking Mutual Funds a lot, investment in equity mutual funds increased by 42 percent in October
Mutual Fund Inflow: There is a perfect option for investing in mutual funds in the country. The Association of Mutual Funds in India has released data today. According to these figures, continuous investment is being seen in mutual funds. There is a lot of momentum in all segments. Rs 4495 crore has been collected in small-cap funds. Read the full news...
Investment rates in equity mutual funds are increasing every month. Investment in mutual funds increased by 42 percent to Rs 19,957 crore in the month of October. The investment amount in the fund is increasing due to investors' preference towards small-cap funds.
This is much more than the flow of investors in September. According to data released by the Association of Mutual Funds in India (AMFI), inflows in August stood at Rs 20,245 crore. The equity segment of mutual funds is witnessing a boom in October. This is the 32nd month where inflows have increased.
Funds worth Rs 4,495 crore have been collected in small-cap funds in mutual funds. After this, Rs 3,896 crore was received in thematic funds.
Apart from this, debt-oriented schemes saw an inflow of Rs 42,634 crore in October after withdrawing funds in the last two months. At the same time, an outflow of Rs 1.01 lakh crore was seen in September and Rs 25,873 crore in August.
There was an inflow of Rs 80,528 crore from mutual funds in the month under review, while there was an outflow of Rs 66,192 in September. If we look at the AUM of the mutual fund industry, it helped it reach Rs 46.71 lakh crore at the end of October, while at the end of September 2017, it was Rs 46.58 lakh crore.
