INSUBCONTINENT EXCLUSIVE:
on the other hand, scored a record 5 crore during the month.The assets under management (AUM) for equity schemes stood at Rs 13,56,106.47
Except for value and contra funds, all categories of equity funds showed positive investment flows, according data released by the
Association of Mutual Funds in India (AMFI).SIP accounts crossed five crore after 26 lakh fresh accounts were added during January 2022.With
26 lakh fresh accounts being added, the number of SIP accounts crossed 5 crore, for the first time in history
since compared to global equity markets, the Indian equity markets have not corrected as much, which means a positive outlook and inflows
for the upcoming months.This can also be attributed to the growing participation of retail investors in the market who believe in the Indian
