The mutual fund SIP inflows in September increased by 4% to Rs 29,361 crore, compared to Rs 28,265 crore in August, according to data from the Association of Mutual Funds in India (AMFI) released on Friday.

As per the AMFI data, the net inflows in equity mutual funds declined for the second consecutive month to Rs 30,422 crore in September, registering a 9% decline from Rs 33,430 crore in August.

Advertisement

Further, the midcap funds received the highest inflow of Rs 5,085 crore in September, followed by smallcap funds, which received an inflow of Rs 4,362 crore.

Among the 16 sub-categories, only overnight funds, medium to long duration funds, long duration funds, and dynamic bond funds received inflows. Overnight funds received the highest inflow of Rs 4,279 crore and liquid funds s

See Full Page