Record Surge in Equity Mutual Fund Investments: Analyzing AMFI Data for June Quarter

Sunday, 28 July 2024, 09:07

The latest AMFI data reveals a remarkable **5-fold increase** in investment in equity mutual funds (MFs) to **Rs 94,151 crore** during the June quarter. The sectoral or thematic category led the influx, attracting **Rs 46,731 crore**, while Multi-cap and Flexicap followed with **Rs 10,077 crore** and **Rs 8,387 crore** respectively. This surge highlights a significant shift in **investment patterns** among enthusiasts and suggests a growing confidence in the **Indian stock market**. The overall Assets Under Management (AUM) in this segment has increased by **59%**, indicating a robust growth trend. In conclusion, the rise in equity mutual fund investments underscores a bullish sentiment around **financial markets** in India.

Businesstoday — Record Surge in Equity Mutual Fund Investments: Analyzing AMFI Data for June Quarter

Equity Mutual Fund Investment Surge

The AMFI data showcases an impressive increase in equity mutual fund investments, which surged to Rs 94,151 crore during the June quarter, reflecting a 5-fold increase compared to previous data.

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Sectoral or Thematic MFs: Rs 46,731 crore
Multi-Cap Funds: Rs 10,077 crore
FlexiCap Funds: Rs 8,387 crore
Large & Midcap Funds: Rs 7,948 crore
Smallcap Funds: Rs 7,197 crore
Midcap Funds: Rs 6,927 crore

This overall growth translates into a 59% jump in total AUM in the equity segment. Such a robust increase indicates a strong market confidence and an inclination towards equity as a viable investment option.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Equity Mutual Fund Investment Surge

Attractive Categories

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