Despite a relatively sluggish performance in the equity markets, open-ended equity mutual funds witnessed a significant inflow of ₹38,239.16 crore in August, indicating a positive sentiment among investors. This surge in investments underscores the growing confidence in the mutual fund industry.
Results for: AMFI
Open-ended equity mutual funds witnessed a decrease in inflows for the first time in 41 months, dropping by 8.61% in July. The decline is attributed to reduced investments in both large-cap and mid-cap funds.