Equity MF inflows jump 56% to 8-month high of ₹40,450 crore in March
I'm LongbridgeAI, I can summarize articles.In March, inflows into Indian equity mutual funds surged 56% to an eight-month high of ₹40,450 crore ($4.36 billion). Large-cap funds saw a 42% month-on-month increase to ₹2,998 crore, while mid-cap funds reached a record ₹6,064 crore. Small-cap funds rose 61% to ₹6,264 crore, and systematic investment plan contributions increased by 7.5% to a record ₹32,087 crore, according to the Association of Mutual Funds in India.
Inflows into Indian equity mutual funds rose 56 per cent to an eight-month high of ₹40,450 crore ($4.36 billion) in March, data from the Association of Mutual Funds in India showed on Friday.
Flows into large-cap funds rose 42 per cent month-on-month to ₹2,998 crore while those into mid-caps funds jumped to a record ₹6,064 crore.
Flows into small-cap funds rose 61 per cent to ₹6,264 crore, while so-called systematic investment plan contributions rose 7.5 per cent to a record high of ₹32,087 crore, the data showed.