Editorji is a popular short video news and information platform based in India. It was founded in 2018 by Vikram Chandra, one of India’s leading journalists, and has risen to prominence in the digital news space in a relatively short span of time. The platform is primarily designed for mobile devices, with applications available for Android and iOS.

ABOUT US:

about us editorji

Latest Video News: Editorji provides the latest news video headlines, latest videos clip from India and the World. Get all breaking news videos on Entertainment, Business, Coronavirus, Elections, Politics and more.

Latest Video News, Breaking News, Bollywood, Political, Sports, Business News | Editorji

+91 11 4035 6666 / info@editorji.com
3rd floor, Plot B, Khasara no 360, Sultanpur, New Delhi, Delhi 110030
<a title="mail to us" href="mailto:info@editorji.com">Send Feedback</a>
<a title="Contact Us" href="mailto:info@editorji.com">Contact Us</a>

REACH US

Contact for any questions, suggestions, comments, feedback or advertisement on Editorji.com, we are always looking forward to hearing from you.

Contact Us for Feedback, Suggestions and Advertising 

Editorji content is better experienced in our app.

Equity mutual fund inflows surged to Rs 34,697 crore in May, driven by new thematic schemes. Sectoral and thematic funds hit record inflows of Rs 19,213.4 crore. SIP contributions also reached a record high of Rs 20,904.4 crore

Inflows into equity mutual funds double, SIP contribution hits record high in May

<h2>Equity mutual fund inflows surged to Rs 34,697 crore in May, driven by new thematic schemes. Sectoral and thematic funds hit record inflows of Rs 19,213.4 crore. SIP contributions also reached a record high of Rs 20,904.4 crore</h2>

Inflows into equity mutual funds nearly doubled in May hitting a record high, revealed data from Association of Mutual Funds in India. As per the AMFI data, the inflow increased 83% to Rs 34,697 crore last month against Rs 18,917.1 crore in April. The fresh investment into equity mutual funds was driven by new thematic schemes.&nbsp;
Meanwhile, the investments into overall mutual funds declined as debt-oriented funds saw investments outflow.
<h3>Mutual Funds inflows</h3>
Small cap funds recorded inflows of Rs 2,724.7 crore in May as against Rs 2,208.7 crore recorded in April. Meanwhile, mid-cap schemes recorded investments of Rs 2,605.7 crore, against Rs 1,793.1 crore in April.
In May, the investments into Large cap funds almost doubled to Rs 663.1 crore during May, compared with Rs 357.6 crore in the previous month. Multi-cap funds had inflows of Rs 2,644.9 crore, against Rs 2,723.9 crore in the previous month.
Meanwhile, sectoral and thematic funds saw their highest inflows ever at Rs 19,213.4 crore, taking the assets under management for the category to Rs 3.37 lakh crore.&nbsp;
<h3>Inflow into SIP</h3>
The AMFI further said that the overall Systematic Investment Plan contribution stood at Rs 20,904.4 crore, reaching a new record in May. The net SIP contribution for May stood at Rs 9,226.1 crore, versus Rs 8,660 crore in April. Net SIP also accounts for outflows due to cancellations and completion of SIP periods.
<h3>Fixed income funds</h3>
Among the fixed income funds, liquid funds recorded inflows of Rs 25,873.4 crore in May as against Rs 1.03 lakh crore in April. Meanwhile, the credit-risk funds saw outflows of Rs 540.5 crore in May, as opposed to about Rs 359 crore being pulled out of the schemes in April.
With this, the overall inflows into mutual funds stood at Rs 1.11 lakh crore during May, compared with Rs 2.39 lakh crore. Net assets under management increased to Rs 58.9 lakh crore in April from Rs 57.3 lakh crore in May.
Also watch: <a href="https://www.editorji.com/business-news/personal-finance/inflows-into-equity-mutual-funds-declines-16-however-sip-inflows-hit-an-all-time-high-1715251372642">Inflows into equity mutual funds declines 16% however SIP inflows hit an all-time high</a>

equity mutual funds

Categories