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MF industry adds Rs 8,095 crore to SIP kitty in February

According to the data provided by AMFI, the mutual fund managed to garner Rs 8,095 crore through SIPs, slightly higher than the Rs 8,064 crore collected in January. Inflows into equity funds stood at Rs 5,122 crore in February. Monthly equity inflows had touched the high of  Rs 20,308 crore in November 2017.  Assets under management (AUM) for the MF industry stood at Rs 23.16 lakh crore as at February-end. At present, domestic MFs have about 2.29 crore active SIP accounts.

Read More at Moneycontrol News date : 11 Mar 2019, Monday

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