Hail the Retail Investor! March SIP data hits fresh all-time-high of 12328 Crore
Equity MF inflows continue to be robust; investors pour in Rs 28,500 crore in March, shows Amfi data. As the market started recovering in March, following a crash in the previous month due to the outbreak of war in Europe, investors doubled down on their investments in equity mutual funds.
The benchmark indices recovered from day’s lows and was on course to snap its 3-day losing run. Analysts said with RBI risk out of the way, focus will turn to earnings. Firm global market mood also supported the sentiments.
Categories: Market Update