Decoding the reasons behind the surge in net inflows for equity mutual funds Mukesh Kochar, National Head - Wealth Management, AUM Capital attributed it to the result of an extraordinary run-up in the equity market. “The market has made a tremendous move and it's been a great month for mid & small-cap performance. The flow from SIP is consistent and at the same time, Family offices and HNIs are also increasing equity allocation given the performance and fear of missing out," said Mukesh Kochar.
Equity mutual funds inflows surged to ₹20,245 crore in August, the Association of Mutual Funds in India (Amfi) data showed. Investors poured in a record ₹15,813 crore in August through systematic investment plans (SIP) last month.
