The equity-linked mutual fund (MF) schemes have attracted net inflows of over Rs 5,214.87 crore in October, according to the data released by the Association of Mutual Funds in India (AMFI) released on Wednesday.
The net inflows in September were over Rs 8,600 crore and it was Rs 8,056.80 crore in August.
In addition to this, the contributions through systematic investment also increased on a sequential basis last month to a record high of Rs 10,518.53 crore.
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"Net positive flows during October 2021, in all categories of open-ended 'Mutual Fund schemes be it Debt, Equity, Hybrid, Solutions-oriented, or Index, FoFs or ETFs' coupled with continued buoyancy in SIP flows, at historic high, has peaked overall Indian 'MF Industry AAUMs' to an all-time high of Rs 38.21 lakh crore," AMFI Chief Executive N.S. Venkatesh said.
The net AUMs for India's MF Industry stood at over Rs 37 lakh crore and the industry also boasted 11.43 crore folios, according to AMFI data.
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