MF flows decoded: Flexi-caps rule Rs 1 trillion club, followed by sectoral

Quick Summary:

The Indian mutual fund industry's Trillion Rupee Club welcomes new members!

Flexi-cap funds are the largest category in terms of AUM, followed closely by sectoral / thematic funds," said brokerage IIFL in a note.

However, inflows into Hybrid funds dropped by 50% to Rs 8,854.74 crore in June from Rs 17,990.67 crore in May.

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Category: BusinessFinance

Markets: India

Topics: Debt Funds AUM Hybrid Funds Passive Funds Mutual Funds Flexi-Cap Funds Flexi-cap funds Equity Funds Investment Strategies Trillion Rupee Club Index ETFs

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Article Type: News Report

Published On: 2024-07-16 @ 13:07:11 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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Copyright Owner: © Business Standard

News ID: 21648533

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