The latest data from the Association of Mutual Funds in India (AMFI) released last week showed that the net inflows into equity mutual fund schemes grew by 17 per cent month-on-month and was an all-time high of Rs 40,608.19 crore in June, from Rs 34,697 crore in May 2024. Higher inflows into equity mutual funds driven by a surge in benchmark equity indices. Sensex and Nifty rose around 7% in June as Lok Sabha election uncertainty settled. The Q1 net inflows into equity mutual funds stood at Rs 94,222.28 crore.
Mutual Funds: Equity schemes rule the roost with nearly 60% of overall industry assets, shows AMFI’s June data
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