The year 2023 witnessed significant overall inflow, reaching Rs 2.74 lakh crore led by the rising popularity of Systematic Investment Plans (SIPs), attracting Rs 1.84 lakh crore.
Inflows into equity mutual funds surged to Rs 10,730 crore in February, the highest level in 11 months, even as the broader market witnessed heavy volatility amid concerns over the impact of coronavirus.
New Delhi: Contribution of the country's smaller towns - known as beyond-15 cities (B15) - to mutual funds' asset base has surged 36 per cent to Rs 1.89 lakh crore at the end of March.Mutual
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