look news india
Ahmedabad: In the recent fall in the Indian stock market, small investors who used to invest directly have gone away, but the craze of investing through mutual funds continues. Interestingly, SIP is reaching record levels but now Lumsum investment is also reaching new heights.
In the last six months i.e. till February 2024, equity mutual fund schemes have sold Rs. The total investment is Rs 46,200 crore, which is almost three times the investment received in the last six months. In the month of February itself, investors invested Rs.1000 through lump sum investment in mutual funds. There was a bumper investment of Rs 11,500 crore. Amfi data showed that this investment figure is the highest since March 2022.
Today's investors are now using the equity market for systematically managed investments and investors wishing to invest with less risk are especially using the market fluctuations and putting money into the market on every major fall. Have been. Equity markets have been volatile in recent months and largecap indices are in consolidation mode. Market regulator SEBI warned against the rally in small stocks, raised questions on valuations and midcap-smallcaps saw huge losses. The index fell more than 4 percent in a single session on February 12.
However, net investment through SIPs has been relatively sluggish during the monsoon. SIP investment between September 2023 to February 2024 is Rs. 38,210 crore, which is 22 percent higher than the period March 2023 to August 2023. Net inflows into equity schemes during February stood at Rs. 15 per cent due to increase in lump sum investments i.e. lump sum investments. 26,860 crore, which is the highest figure after March, 2022. Rs 11,500 crore received as lump sum investment and SIP balance amounting to Rs. 6470 crore and NFO of Rs. A contribution of Rs 11,470 crore was made.