Indians invest record Rs.34,697 crore in equity MFs in May, SIPs continue to spike

Indians invest record Rs.34,697 crore in equity MFs in May, SIPs continue to spike

Indians poured a record amount into equity mutual funds in May, driven by a wave of new thematic schemes that captured the market’s attention. The inflows into equity mutual funds soared by 83% to reach an all-time high of ₹34,697 crore, up from ₹18,917.1 crore in April, as per the latest data from the Association … Read more