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September equity inflow near Rs 14,000 crore but debt funds see over Rs 1 lakh crore outflow. Smallcap funds still getting inflows while investors are avoiding largecap funds.
Quick Estimates of IIP for July 2023: 142.0 overall, with 111.9 for Mining, 141.2 for Manufacturing, and 204.0 for Electricity.
Large-cap funds continued to see outflows. The selling in large-cap funds came amid fall in benchmark indices during August.
The overall assets under management (AUM) of open-ended mutual funds rose 4.50 percent to Rs 46.11 trillion in July 2023. The overall AUM had stood at Rs 44.12 trillion at the end of June
In April, industrial growth - as measured by the Index of Industrial Production - had come in at 4.5 percent.