 "Mutual funds, sebi, investors, MF, equity, sensex, market, funds, shares, stocks, FDI, FPI, investment, growth")
Strong inflows in new fund offers (NFOs) and a stable SIP book helped equity mutual funds attract a net investment of nearly Rs 40,000 crore in the three months ended September 2021, a two-fold growth from the preceding quarter.
The inflow pushed the asset base of equity mutual funds (MFs) to Rs 12.8 trillion by September-end, from Rs 11.1 trillion at the end of June, data with the Association of Mutual Funds in India (Amfi) showed.
As per the data, the equity category witnessed flows to the tune of Rs 39,927 crore in September quarter, as compared to an inflow of Rs
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