In comparison, the monthly average in 2018 has been 30 per cent lower at Rs 123 billion. Last year, the markets saw a secular up move, with the benchmark Sensex gaining 28 per cent and broader market BSE Small and BSE Midcap indices rising 48 per cent and 61 per cent respectively.
This year, the market trend has been choppy. In a year to date basis, the Sensex is up 4 per cent, BSE Midcap down 10 per cent and BSE Midcap index is down 12 per cent. Industry players say given the volatility, inflows are holding up well.
Flows are also supported by the sticky inflows of close to Rs 70 billion coming through the systematic investment plan (SIP) route. Due to the weakness in the broader market, many investors are stopping their lumpsum investments but continuing with their SIPs, said a top official.
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