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SIP inflows jumped 20% on Y-o-Y basis to hit an all - time high of Rs 14,749 crore in May 2023 compared to inflows of Rs 12,286 crore in May 2022.
Open ended equity mutual funds witnessed inflows of Rs 3240 crore in May 2023. The net Asset Under Management (AUM) of the overall Mutual Fund industry stood at Rs 42.63 Lakh crore.
RBI’s MPC kept the repo rate and estimate of real GDP growth unchanged at 6.5% for FY24.
Edelweiss MF has launched the NFO for Edelweiss Multi Asset Allocation Growth Fund. The NFO close on June 19, 2023.
Index Returns
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Best Performers
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Worst Performers
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Bought and Sold
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Most Watchlisted
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Data Source: NSE, BSE & Kuvera.in
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This market update was initially published by Livemint.
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