MUMBAI: The recent downturn in the market has probably managed to bring down the net worth mutual fund (MF) Industry Last month, around Rs 45,000 crore rose to Rs 37.6 lakh crore, up from a little over Rs 38 lakh crore in January. However, despite the recent volatility, investors continued to put their money in MF schemes in February, demonstrating maturity, industry players said.
During the month, investors infused over Rs 21,600 crore through equity-oriented schemes, including new fund offers, data from the industry body. amp has shown. according to this MKU Vikas M Sachdeva, CEO of Investment Managers, net inflow figures into large- and flexi-cap funds indicate investors’ strong preference for the long-term fundamentals of the India story and the ability to ride high-quality companies.
According to the Amfi major, monthly inflows through systematic investment plans (SIPs) saw a marginal decline of Rs 11,438 crore, but mainly on account of the shorter month. N S Venkatesh,
During the month, investors infused over Rs 21,600 crore through equity-oriented schemes, including new fund offers, data from the industry body. amp has shown. according to this MKU Vikas M Sachdeva, CEO of Investment Managers, net inflow figures into large- and flexi-cap funds indicate investors’ strong preference for the long-term fundamentals of the India story and the ability to ride high-quality companies.
According to the Amfi major, monthly inflows through systematic investment plans (SIPs) saw a marginal decline of Rs 11,438 crore, but mainly on account of the shorter month. N S Venkatesh,