Mutual Fund SIP Hits All-Time High: Investment in mutual funds through systematic investment plans has reached an all-time high. SIP inflow in mutual funds has crossed Rs 26,000 crore for the first time in December 2024 and has reached Rs 26,459 crore, which was Rs 25,320 crore in November 2024. Investment in equity mutual funds has increased by 15 percent month on month to Rs 41,155 crore in the month of December.
SIP investment crossed Rs 26000 crore
Even though there has been huge ups and downs in the stock market in the month of December. Foreign investors may have sold heavily but despite this, domestic investors still have confidence in the Indian stock market and they are not hesitating to invest in the market for the long term. The result of this is that according to the data released by the Association of Mutual Funds (AMFI) for December 2024, in this month investment in mutual funds through SIP crossed the historical high of Rs 26000 crore and reached Rs 26,459 crore. Which is Rs 1139 crore more than the month of November.
Bumper investment in mid-cap and small-cap funds
According to the data of investment in mutual funds released by AMFI for the month of December, the highest investment of Rs 5093 crore has come in Mid-Cap Mutual Fund Schemes which was Rs 4883 crore in November. Was. Investment in large caps has come 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 increase by 27 percent in 2024
According to AMFI data, the total net inflow in December was Rs 80,509 crore while investors have withdrawn investments of Rs 1.27 crore from debt funds. Asset under management (AUM) of mutual fund companies has declined by 2 percent to Rs 66.66 lakh crore which was Rs 67.81 lakh crore in November. Assets under management were Rs 52.44 lakh crore in January 2024, which increased by 27 percent to Rs 66.66 crore at the end of the year. In the month of December, mutual fund companies issued 34 NFOs from which Rs 13852 crore were raised.
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