Mutual Fund SIP Hits All-Time High: Investment in mutual funds by way of systematic investment plans has reached an all-time excessive. SIP influx in mutual funds has crossed Rs 26,000 crore for the primary time in December 2024 and has reached Rs 26,459 crore, which was Rs 25,320 crore in November 2024. Investment in fairness mutual funds has elevated by 15 p.c month on month to Rs 41,155 crore in the month of December.
SIP investment crossed Rs 26000 crore
Even although there was large ups and downs in the inventory market in the month of December. Foreign traders could have bought closely however regardless of this, home traders nonetheless trust in the Indian inventory market and they don’t seem to be hesitating to speculate in the marketplace for the long run. The end result of that is that in keeping with the information launched by the Association of Mutual Funds (AMFI) for December 2024, in this month investment in mutual funds by way of SIP crossed the historic excessive of Rs 26000 crore and reached Rs 26,459 crore. Which is Rs 1139 crore greater than the month of November.
Bumper investment in mid-cap and small-cap funds
According to the information of investment in mutual funds launched by AMFI for the month of December, the best investment of Rs 5093 crore has come in Mid-Cap Mutual Fund Schemes which was Rs 4883 crore in November. Was. Investment in massive caps has come all the way down to Rs 2010 crore which was Rs 2547 crore in November. Investment of Rs 4667 crore has come in Small-Cap Mutual Funds which was Rs 4111 crore in November.
AUM to extend by 27 p.c in 2024
According to AMFI information, the full web influx in December was Rs 80,509 crore whereas traders have withdrawn investments of Rs 1.27 crore from debt funds. Asset below administration (AUM) of mutual fund corporations has declined by 2 p.c to Rs 66.66 lakh crore which was Rs 67.81 lakh crore in November. Assets below administration had been Rs 52.44 lakh crore in January 2024, which elevated by 27 p.c to Rs 66.66 crore on the finish of the 12 months. In the month of December, mutual fund corporations issued 34 NFOs from which Rs 13852 crore had been raised.
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