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Equity funds log second-most monthly inflows in July despite mkt volatility

Business Standard LogoBusiness Standard10h ago

Equity funds log second-most monthly inflows in July despite mkt volatility - Business Standard

Quick Summary:

Inflows during first four months of FY25 at Rs 1.

Overall, equity MF inflows so far in FY25 have already reached two-thirds of the total inflows seen in full-year FY24, with net inflows standing at Rs 1.3 trillion.

Swarup Mohanty, Vice Chairman & CEO at Mirae Asset Investment Managers (India), noted that the inflow data shows a change in investor mood.“Investors are shifting their focus from the core side of the portfolio to the tactical or satellite side of the portfolio.


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Category: BusinessFinance

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-09 @ 18:49:43 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 570 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21999263

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