AMFI Mutual Fund Data June 2024 News: Inflows into equity mutual funds in the country soared 17 per cent sequentially to a record Rs 40,608.2 crore in June, data from the Association of Mutual Funds in India (AMFI) showed. Assets under management across equity-oriented schemes increased 7.0 per cent to Rs 26,82,752.8 crore, according to the data released by industry body AMFI on Tuesday.
The multicap category saw the maximum spike in inflows, at 78 per cent to Rs 4,708.6 crore, followed by the largecap category at 46.4 per cent to Rs 970.5 crore.
Value funds were the next, with growth recorded at 44.3 per cent to Rs 2,027.1 crore, followed by the large and midcap category, where inflows expanded 21.5 per cent to Rs 2,912.2 crore.
Sectoral/thematic funds saw a sequential jump of 16.3 per cent in inflows to Rs 22,351.7 crore, according to AMFI.
(This is a developing story. More details will be added shortly)