According to data from the Association of Mutual Funds in India (Amfi), equity funds witnessed robust net inflows in October 2023 for the 32nd consecutive month, with Small-cap funds topping inflows at Rs 4,495 crore. The large-cap category showed signs of resurgence with Rs 723.8 crore inflows. Additionally, the Midcap category saw considerable net inflows of Rs 2,408.9 crore. Hybrid funds remained strong, led by arbitrage funds (Rs 5,523 crore) and multi-asset allocation funds (Rs 2,410 crore). Meanwhile, debt funds rebounded with inflows of Rs 42,634 crore, primarily attributed to liquid funds’ substantial net inflow of Rs 32,964 crore. Gold ETFs saw higher inflows at Rs 841 crore amidst geopolitical tensions and interest rate concerns. SIP flows reached an all-time high at Rs 16,928 crore, reflecting growing retail investor trust in mutual funds.
Rising Inflows and Preferences in Mutual Funds – A Sectoral Overview
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