💨 Abstract

India's equity mutual fund inflows decreased slightly in January compared to December, primarily due to a drop in sectoral and thematic funds investments. Largecap funds, however, saw a significant increase, resulting in a 3.6% overall decline to 396.88 billion rupees. The decline is attributed to slowing corporate earnings, domestic economic growth, and foreign investors offloading equities worth $9 billion.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖