Decoding SIP trends: Why Thematic/Sectoral and Hybrid Funds attracted more money in September financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Inflow In Equity Mutual Funds Slumps 30% In September, SIP Hit All-Time High freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
NS Venkatesh, CEO, AMFI, said that mutual fund industry's growth has been on an upward trend. The half yearly growth has been encouraging and he is optimistic that the trend will continue to grow.
In September, the equity markets experienced a notable shift towards a risk-off sentiment, following the all-time high of 20,200 points. Despite this shift, equity mutual funds continued to exhibit resilience, recording a significant net inflow of Rs 14,091 crore, a slight dip from the Rs 20,245 crore observed in August, says Akhil Chaturvedi, Chief Business Officer, Motilal Oswal AMC.