SIP contributions
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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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Business
Mid-Cap Funds Draw ₹14,756 Crore, Small-Cap Funds ₹15,586 Crore in FY25’s First Half
Mid-cap and small-cap mutual fund schemes have witnessed a significant surge in investor interest, with inflows reaching approximately Rs 30,350 crore from April to September of the current financial year, as reported by the Association of Mutual Funds in India (AMFI). In contrast, these funds attracted Rs 32,924 crore during the same period last year. This ongoing trend persists despite…
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