India's mutual fund industry reaches record highs, with inflows surging despite market volatility.

In October 2024, India's mutual fund industry hit record highs, with systematic investment plan (SIP) contributions reaching Rs 25,323 crore and equity mutual fund inflows surging 21.69% to Rs 41,887 crore. This marks the 44th consecutive month of positive equity inflows. Despite market volatility and foreign portfolio investors pulling out Rs 94,000 crore, the industry's net assets under management rose to Rs 67.25 lakh crore. Fixed-income investments also saw a significant increase, especially in liquid funds.

4 months ago
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