
The Indian mutual fund industry has seen significant growth recently, with assets under management (AUM) reaching Rs 61.16 lakh crore in June. Equity mutual funds have attracted record net inflows of Rs 1.66 lakh crore over the past six months, and inflows surged by 17% to Rs 40,608.19 crore in June alone. The number of mutual fund investors has increased from 38 million to 45 million in the past year. Additionally, mutual funds are capitalizing on strong demand with new fund offerings focused on various themes, including tourism and business opportunities in sectoral funds. Flexi-cap funds lead by AUM, but index ETFs hold the top spot in the Trillion Rupee Club. Here are the top 10 stocks that mutual funds shopped big for in the past six months.
The Indian mutual fund industry's Trillion Rupee Club welcomes new members! Flexi-cap funds lead by AUM, but index ETFs surprisingly hold the top spot @sunainaachadha #mutualfunds #flexicap #ETF https://t.co/RRce8tiKYt
💰 #MutualFundsSahiHai : 𝐓𝐡𝐞 𝐍𝐞𝐰 𝐃𝐞𝐬𝐢 𝐀𝐬𝐬𝐞𝐭 𝐂𝐥𝐚𝐬𝐬! Banks struggle for deposits, but MFs are soaring. Investors jumped from 38M to 45M in a year, with AUM at ₹61.16 trillion! Founders building in the space, reach out to sridhar@pravegavc.com. #investing
💰 #MutualFundsSahiHai : 𝐓𝐡𝐞 𝐍𝐞𝐰 𝐃𝐞𝐬𝐢 𝐀𝐬𝐬𝐞𝐭 𝐂𝐥𝐚𝐬𝐬! Banks struggle for deposits, but MFs are soaring. Investors jumped from 38M to 45M in a year, with AUM at ₹61.16 trillion! Founders building in the sapce, reach out to sridhar@pravegavc.com. #investing


