Let me tell you a story of how things have changed in the world of mutual funds—and why this is the perfect time for you to start your investment journey. The Rise of SIPs: A Transformative Decade
Despite a market correction and continued foreign outflows, Indian retail investors showed remarkable resilience in October 2024 by committing substantial funds to equity schemes. The total equity inflow reached a historic level of Rs 74,727 crores, marking a period of steadfast retail engagement even as market volatility persisted. With the BSE Sensex index experiencing a dip from its peak of 85,879 to around 78,000, investors have doubled down, seizing the opportunity to buy into the market at lower levels, confident in the market’s long-term potential.
AMFI has released the data related to inflow/outflow of funds in various schemes. This article intends to share some insights on this data and you will find it useful to take decisions based on these inputs.