Equity mutual funds (MFs) ended 2021 on a strong note seeing record net inflows of Rs 25,076.71 crore in December, taking the net inflows for the year to Rs 96,669.97 crore, according to data from the Association of Mutual Funds in India (Amfi).
Inflows through the systematic investment plan (SIP) route for December stood at Rs 11,305.34 crore, as against monthly SIP contribution of Rs 11,004.94 crore in November.
Market players say Indian investors have continued to repose faith in equity funds and inflows were high also because of the new fund offers (NFOs) brought out by many fund houses. In
Inflows through the systematic investment plan (SIP) route for December stood at Rs 11,305.34 crore, as against monthly SIP contribution of Rs 11,004.94 crore in November.
Market players say Indian investors have continued to repose faith in equity funds and inflows were high also because of the new fund offers (NFOs) brought out by many fund houses. In