India Equity Fund Inflows Accelerate in March Despite west asia War
India, April 11 -- Individual investors doubled down on stock mutual funds in March, pouring in record amounts in monthly recurring plans despite geopolitical tensions and market volatility.
Flows to systematic investment plans climbed to an all-time high of Rs.32,090 crore, per data from the Association of Mutual Funds in India. Total net inflows into equity-oriented funds rose to Rs.40,450 crore, up from Rs.25,980 crore in February.
The inflows underscore the growing role of local investors in stabilizing equities even as the West Asia conflict disrupts global markets. The Nifty 50 fell over 11% in March, the steepest monthly drop in six years, as global funds pulled a record $14 billion. Local institutions absorbed much of the selling, b...
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