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Inflows into equity mutual funds plummet in November; MFs reduce assets in ICICI Bank, HCL Tech, Kotak Mahindra Bank | Jobs Vox

[ad_1] Inflows into equity mutual fund schemes fell 76% in November to ₹2,258 crore from ₹9,390 crore in October. Meanwhile, debt mutual fund schemes saw inflows of £3,668m during the month compared to outflows of £2,817m in the previous month. In November, SIP inflows were the highest ever at ₹ 13,306 crore. This compares to … Read moreInflows into equity mutual funds plummet in November; MFs reduce assets in ICICI Bank, HCL Tech, Kotak Mahindra Bank

| Jobs Vox

Equity mutual fund inflows fell to a 21-month low on a rising pace in November. | Jobs Vox

[ad_1] BENGALURU, Dec 9 (Reuters) – Inflows into Indian equity mutual funds rose 76% to 22.58 billion Indian rupees ($274.49 million) in November from 93.9 billion rupees in November, even as markets rose to new highs, according to data. Association of Mutual Funds of India (AMFI). The fall in equity and equity-linked schemes comes on … Read moreEquity mutual fund inflows fell to a 21-month low on a rising pace in November.

| Jobs Vox

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