B · Normal
[Net inflows into equity funds in India increased to US$4 billion in September, a month-on-month increase of 30%] On October 12, data from the Fund Industry Association of India showed that Indian investors made a net investment of 383.06 billion rupees (equivalent to US$4 billion) in equity funds in September, an increase of 30% from August. Bond funds had a net outflow of 1.83 trillion rupees, and a net outflow of 81.3 billion rupees in August. Money market liquidity funds had a net outflow of 957.43 billion rupees; money market funds had a net outflow of 508.46 billion rupees. Small-cap equity funds saw net inflows of Rs 90.4 billion, the highest among various equity subcategories. Gold ETFs received a net inflow of 44.5 billion rupees, equity ETFs had a net inflow of 99.6 billion rupees, and silver ETFs had a net inflow of 19.74 billion rupees.
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