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Inflow into equity mutual funds decreased by 22% in November, investment through SIP reached new all-time high
Equity fund investments fell 22 per cent in a month in November. According to the Association of Mutual Funds of India (AMFI), investment in equity funds fell 22 per cent month-on-month to Rs 15,536 crore. The total investment in October was Rs 19957 crore and in September it was Rs 14091 crore. Apart from this, investment through SIP reached an all-time high.
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“Inflow into equity mutual funds decreased by 22% in November, investment through SIP reached new all-time high”
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9 Dec 2023
In the last month i.e. November, investment in equity mutual funds has decreased by 22 per cent on a monthly basis.
According to the data of the Association of Mutual Funds in India (AMFI), investment in equity mutual funds has declined by 22 per cent to Rs 15,536 crore month-on-month. The total investment in October was Rs 19,957 crore and the total investment in September was Rs 14,091 crore.
Manish Mehta, head of sales, marketing and digital business at Kotak Mutual Fund, said, "Equity net inflows may have been impacted in November due to Diwali festivities and bank holidays."
