Indian mutual fund industry
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Business
October 2024: Indian Mutual Funds Attract a Whopping Rs 2.4 Lakh Crore Inflows
The Association of Mutual Funds in India (AMFI) has reported that monthly inflows into mutual fund Systematic Investment Plans (SIPs) breached the Rs 25,000 crore threshold for the first time in October 2024. SIP contributions for the month surged to Rs 25,323 crore, marking an all-time high compared to Rs 24,509 crore in September 2024. A year ago, in October…
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Investing
Motilal Oswal Launches Four New Index Funds Targeting Mid & Small-Cap Growth
Motilal Oswal Mutual Fund has introduced four new index funds, targeting growth within mid and small-cap sectors, aimed at investors with a high-risk appetite. The new offerings are the Motilal Oswal Nifty MidSmall Healthcare, IT and Telecom, India Consumption, and Financial Services Index Funds. These funds are now open for subscription from October 29 to November 6. Recent research by…
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