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SIP inflows fall for a 2nd straight month in February


SIP inflows fall for a 2nd straight month in February
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Investment through the systematic investment plan (SIP) route continued to fall for the second consecutive month in February 2021 notwithstanding the sustained market rally.
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A bull rally may not necessarily benefit all the sections of the market. Investment through the systematic investment plan (SIP) route continued to fall for the second consecutive month in February 2021 notwithstanding the sustained market rally. According to the Association of Mutual Funds in India (AMFI) data, the SIP inflow fell to Rs 7,528 crore in February from Rs 8,418 crore in December 2020. It fell by 11.5% compared with the year-ago level of Rs 8,513 crore. ....

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30 Stocks That Mutual Funds Bought And Sold In December Across Large, Mid & Smallcaps


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Total outflow in last six months now stands at around Rs 33,000 crore and the profit booking could be a key reason for the same.
Sunil Shankar Matkar
January 20, 2021 / 02:03 PM IST
Equity mutual funds schemes continued to see the outflow of funds for the sixth consecutive month in December 2020, though foreign inflow resilient. Mutual funds net sold Rs 26,513.74 crore worth of shares, while foreign investors pumped in Rs 53,499.66 crore, the second-largest monthly inflow, as per the Sebi data.
As per Sebi, mutual funds have consistently been net sellers since June last year and they cumulatively offloaded Rs 1.05 lakh crore shares from June 2020 till January 2021. ....

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