💨 Abstract

Inflows into India's equity mutual funds increased by approximately 15% in December 2024, reaching a record 411.56 billion rupees ($4.8 billion), despite concerns about fewer U.S. rate cuts and potential earnings moderation. This marked the 46th consecutive month of inflows, with the second-highest monthly inflows on record.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖