Page 8 - Amfi Data News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Net flows into equity mutual funds witnessed a four-month high level of Rs 11,615 crore in November on a strong systematic investment plan book

The SIP collections in August were at Rs 9,923.15 crore

Investors withdrew a net of Rs 38,602 crore from mutual funds. Major outflows were seen from liquid funds and overnight funds, where investors redeemed Rs 45,447 crore and Rs 11,573 crore.

Investors withdrew Rs 4,500 crore from equity funds in February, 8th month of outflow SECTIONS Share Synopsis Investors withdrew a net Rs 10,468.02 crore, higher than the previous month’s Rs 9,253.22 crore, from equity-oriented funds, according to Amfi data for February. Getty Images Related NEW DELHI: Mutual fund investors continued to withdraw massive amounts from equity funds in February, extending net outflows to the eighth month in a row, as they booked profits even as the market continued to scale record highs. Investors withdrew a net Rs 4,534.36 crore, lower than the previous month�...

Synopsis Index funds folios double to 8.11 lakh in 13 months; AUMs up 95% to Rs 14,794 crore. iStock Decades ago, US President John F Kennedy had underlined the importance of a healthy broader economy in wealth building through his now-famous words: A rising tide lifts all boats. It is the latest investment approach in India, where passive index funds tracking the broadest indices are gaining an edge over active stock pickers. Data from mutual fund industry body AMFI show that the number of folios in index funds doubled from 4.05 lakh to 8.11 lakh in the last 13 months. During the same period...