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"mutual-funds"
SIP inflow rises for first time in seven months in October
The industry raised Rs 7,800 crore through the SIP route last month, compared with Rs 7,788 crore garnered in September, data from Amfi showed
Mutual funds add 4 lakh folios in October
Market experts said the addition of folios suggests that investors were undeterred by the market volatility
MFs withdraw Rs 14,300 cr from equities in October
During January-May 2020, mutual funds (MFs) made a net investment of more than Rs 40,000 crore in stock markets
Equity MFs log Rs 7,200-cr outflow
In comparison, such schemes had witnessed a hefty inflow of Rs 23,874 crore in the same quarter last fiscal
SIP inflows drop as investors prefer to maintain liquidity
The trend is expected to reverse only slowly as investors feel more confident to save more once their own income stream stabilises, said Vidya Bala, co-founder of Primeinvestor.in
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