Anagh Pal19 Sep 2023, 09:42
In August, there was a surge in net inflows into equity-oriented schemes, reaching a five-month peak at ₹20,245 crore. This marked a substantial increase from the ₹7,626 crore recorded in July, as reported by the Association of Mutual Funds in India (AMFI).According to ICRA analytics, equity investments experienced inflows during August, partly due to a slight decline in the Nifty index. This dip served as a consolidation phase and created an attractive opportunity for value-oriented investors. Furthermore, there has been a growing trend of increased inflows from individual investors in this period.