Equity Mutual Funds Inflows Drop In October: Tracking October MF Report Card With Sunil Subramaniam
The equity mutual funds inflows dropped month on month to Rs 9,390 in October, data released by the Association of Mutual Funds in India (AMFI) said. The net flows stood at Rs 14,077 crore in September.
The Systematic Investment Plan (SIP) contribution crossed 13,000 crore mark. October monthly data showed SIP contribution of Rs 13,041 crore compared to Rs 12,976 crore.
In an exclusive conversation with CNBC-TV18, Sunil Subramaniam, MD & CEO, Sundaram Mutual Fund decodes the Mutual Fund Report card for the month of October.
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