New Delhi, July 9
Mutual fund systemic investment plan (SIP) inflows reached a record high of Rs 27,269 crore in the month of June, rising 2 per cent from Rs 26,688 crore in May, the Association of Mutual Funds in India (AMFI) data showed on Wednesday.
This marks the first time SIP inflows have surpassed the Rs 27,000 crore mark.
The overall net assets under management (AUM) of the mutual fund industry rose to an all-time high of Rs 74.41 lakh crore as against Rs 72.20 lakh crore in May and Rs 69.99 lakh crore in April, according to the AMFI data.
The overall mutual fund inflows increased by 67 per cent (month-on-month) to Rs 49,301 crore in June against an inflow of Rs 29,572 crore in May.
Equity mutual fund inflows rose 24 per cent rise at 23,587 crore in June. All equity categories except for ELSS funds received inflows.
In the Equity category, large cap funds led gains with inflows of Rs 1,694 crore in June, rising 35 per cent from Rs 1,250.5 crore in the previous month.