Inflows into equity mutual funds up 3 % to Rs 38 , 239 . 16 crore in August : AMFI

  • Post comments:0 Comments
  • Reading time:1 mins read
You are currently viewing Inflows into equity mutual funds up 3 % to Rs 38 , 239 . 16 crore in August : AMFI
Representation image: This image is an artistic interpretation related to the article theme.

The surge in equity inflows in August 2023 is primarily driven by a strong rebound in investor confidence and a renewed focus on long-term wealth creation.

The summary provided is a snapshot of the debt mutual fund market in India. It highlights key trends and observations regarding outflows and inflows in various categories of debt funds. Let’s delve deeper into the details:

**Outflows:**

* **Banking and PSU funds:** Outflows from banking and PSU funds stood at Rs 1,549.99 crore in August, indicating a shift in investor sentiment towards these categories. This could be attributed to various factors, including concerns about the banking sector’s stability, the impact of rising interest rates on PSU banks, or a general preference for other asset classes.

Leave a Reply