Equity Mutual Fund Inflows Soar to Record High in July. Check Details
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Equity mutual fund inflows soar to record high in July. Check details
Net flows into equity schemes rose 81% month-on-month to Rs 42,702 crore in July, data from the Association of Mutual Funds in India (AMFI) showed. Overall, assets under management in the mutual fund industry hit a record high at Rs 75.36 lakh crore.
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Read Full ArticleJuly AMFI Data: NFOs Dive Highest Ever Inflow Of Rs 42,700 Crore Into Active Equity Mutual Funds In July
Actively managed equity mutual funds recorded a Rs 42,702.35 crore inflow during June, higher by 81% compared to the inflow of Rs 23,587 crore recorded in June, as per the monthly data released by the Association of Mutual Funds in India.Inflows across the board saw its rise as compared to June. Net inflow of the mutual fund industry was at Rs 1.79 lakh crore, as compared to an inflow of Rs 49,094 crore the previous month.Actively-Managed Equity…
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