Equity mutual fund inflows plunge 30% in September, SIPs top Rs 16,000 crore for first time
Total assets under management (AUM) of open-ended funds at the end of September stood at Rs 46.58 lakh crore against Rs 46.63 lakh crore in the prior month.
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Total assets under management (AUM) of open-ended funds at the end of September stood at Rs 46.58 lakh crore against Rs 46.63 lakh crore in the prior month.
Investors concerned about uncertainty increasingly moved funds into the NEOS Enhanced Income Cash Alternative ETF (CSHI) this month.
Ten out of 11 mutual fund houses covered by Nuvama Alternative & Quantitative Research have gone overweight on pharma and healthcare, as against their weightage in Nifty 200.
Equity mutual fund inflows had risen to a one-year high of Rs 2,053.4 crore in March.
Advisors and investors are pivoting where their allocations are as they seek income in a challenging and volatile market.