Domestic liquidity into equities remained intact in September despite a sharp sell-off in markets. According to Association of Mutual Funds of India (AMFI) data, net inflows into domestic equity mutual funds rose to ₹ 11,172 crore in September, up 33.39% from August. In the same period, both Sensex and Nifty lost over 6%. In the year so far, Sensex has gained 1.23% while the Nifty has slipped 1.73%.
Redemption pressures from mutual fund equity schemes also eased in September at ₹ 11,849 crore from ₹ 15,702 crore in month-ago period. However, total redemptions increased 6.5% to ₹ 19.23 trillion in September.
