Mutual Funds: AMFI Jan 2023 data – SIP inflow at record high; how investors added money to AMCs
Photo : PTI
Key takaways from latest AMFI data for January 2023:
|Jan net inflow at Rs 11,373 cr vs Rs 4,491 cr MoM|
|Jan equity inflow at Rs 12,547 cr Vs Rs 7,303 cr MoM|
|Jan total AUM flat at Rs 40.8 lk cr|
|Jan equity AUM at Rs 15.2 lk cr Vs Rs 15.4 lk cr MoM|
|AMFI data on SIP inflow at a record high of Rs 13,856 cr in January|
Shows investors’ faith in Indian economy: Sunil Subramaniam of Sundaram Mutual Funds decodes
Sunil Subramaniam of Sundaram Mutual Fuds decoded the numbers and said that the inflow can be attributed to the visibility of mutual funds as well as the underlying faith in the Indian economy.
He also added that the COVID period has also helped in maturing the Indian investor.