[ad_1] The Systematic Investment Plan (SIP) contributions soared to all-time high in August, according to Association of Mutual Funds in India (AMFI). Gross SIP inflows hit ₹23,547 crore, surpassing July’s ₹23,331 crore. The SIP assets under management (AUM) also reached a new peak at ₹13.39 lakh crore, up from ₹13.09 lakh crore in July. This […]
What led to the sharp decline in debt funds in August – CNBC TV18
[ad_1] Debt mutual funds saw a sharp decline in inflows in August. It fell by 62% to ₹45,169 crore from ₹1.19 lakh crore in July, according to Association of Mutual Funds in India (AMFI). Despite this decline, overnight, liquid, and money market funds together accounted for a significant portion of the inflows. Overnight funds lead […]