Investors Pour ₹29k Crore Into Equity Funds Despite Volatile Markets
What Happened
Indian investors pumped ₹29,328 crore into equity mutual funds in August, a 19% increase from July, according to AMFI data. Small-cap funds attracted a record ₹7,973 crore, the highest among all equity categories, followed by mid-cap funds with ₹6,989 crore. Meanwhile, SIP contributions hit an all-time high of ₹32,297 crore, underscoring strong retail participation despite market volatility.
Key Takeaways
Retail investors continue to favor growth-oriented segments, with small- and mid-cap funds dominating inflows while large-cap funds saw outflows for a second straight month. The record SIP collections suggest confidence in long-term investing remains strong, helping mutual fund industry assets rise to around ₹87 lakh crore.