It’s retail money driving MFs to Dalal Street
Business

It’s retail money driving MFs to Dalal Street

By Dan Neff

Synopsis

The cumulative inflow of mutual funds linked to SIPs reached a record ₹4.8 lakh crore in the five years to March 2022, according to data from the Association of Mutual Funds in India (AMFI). This was nearly three times the inflow from foreign portfolio investors (FPI) and 1.3 times the total local fund investment during the period, the data from NSDL and Sebi show.

ET Intelligence Group: Sticky systematic investment plan (SIP) inflows have become the largest contributor to incremental institutional flows in the local equity market.

The cumulative inflow of mutual funds linked to SIPs reached a record ₹4.8 lakh crore in the five years to March 2022, according to data from the Association of Mutual Funds in India (AMFI). This was nearly three times the inflow from foreign portfolio investors (FPI) and 1.3

BY

ET Bureau

2 mins read, Last Updated:

  • GIFT ARTICLE
  • FONT SIZE

    AbcSmall

    AbcMedium

    AbcLarge

  • SAVE
  • PRINT
  • COMMENT

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TheDailyCheck is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected] The content will be deleted within 24 hours.

Dan Neff