Mutual fund SIP inflows hit Rs 32,297 crore in August, a new record
- Mutual fund Systematic Investment Plan inflows reached a record Rs 32,297 crore in August.
- August inflows reflect a slight increase from July, indicating a continuing trend in mutual fund investments.
- SIP assets increased by 2.8 percent, accounting for over 21 percent of the total industry assets under management.
- Allocation patterns show a growing preference for mid and small-cap funds among investors seeking higher returns.
Source: economictimes.indiatimes.com
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