Equity mutual fund inflows rise 19% in August; small-cap funds draw highest flows: AMFI Data
New Delhi, Sept. 10 -- Net inflows into open-ended equity mutual fund schemes rose nearly 19 per cent month-on-month to Rs 29,328.62 crore in August from Rs 24,697.39 crore in July, led by strong flows into small-cap and mid-cap funds, data released by the Association of Mutual Funds in India (AMFI) on Thursday showed.
Small-cap funds attracted the highest inflows among equity categories at Rs 7,973.33 crore during August, up from Rs 7,767.50 crore in July. Mid-cap fund inflows increased nearly 13 per cent to Rs 6,989.40 crore from Rs 6,192.31 crore in the previous month.
Flexi-cap funds received Rs 5,059.42 crore in August compared with Rs 4,709.08 crore in July, while large-and-mid-cap fund inflows rose to Rs 3,872.79 crore from Rs 3,...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.