💨 Abstract

India's equity mutual funds experienced 43 consecutive months of inflows in September, but inflows declined 10% sequentially due to a dip in sectoral and thematic funds. Total inflows for the first nine months of 2024 almost tripled year-on-year, with thematic and sectoral funds contributing 44% of total inflows. Meanwhile, contributions to systematic investment plans (SIPs) hit a record high in September.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖