This is the third consecutive month that SIP inflows have crossed Rs 20,000 crore.
According to Gopal Kavalireddy, vice president of research at FYERS, despite key events like year-end earnings, general elections, GDP and other economic data releases and FII outflows of Rs 75,000 crore, Q1 FY25 saw Rs 94,222 crore in equity fund inflows. Went. , underscoring the resilience and confidence of investors in the Indian stock markets.
"However, with valuations rising and some sectors looking expensive, investors should consider being more cautious with new direct equity investments," he said.
Net AUM of the mutual fund industry increased by 3.8 per cent to Rs 61.15 lakh crore at the end of June from Rs 58.91 lakh crore at the end of May 31.
"The total folio count of 19,10,47,118 in June is an all-time high. We have seen consistent positive inflows into equity schemes since April 2021. There will be a huge opportunity for wealth creation in the coming 5-7 years." “This will lead to significant growth in the upper-middle class, HNI and ultra-HNI population,” said Hitesh Thakkar, acting CEO, ITI Mutual Fund.
Indian stock markets have witnessed a significant rise due to investors' confidence in the stability of the political environment and confidence in India's growth potential supported by timely reforms and policy decisions. Investors have successfully adopted the strategy of buying on every dip. Market watchers say that since the beginning of 2024, the Nifty 50 index has increased by 12.5 percent, while the Nifty Junior index has increased by 38.5 percent.
According to Gopal Kavalireddy, vice president of research at FYERS, despite key events like year-end earnings, general elections, GDP and other economic data releases and FII outflows of Rs 75,000 crore, Q1 FY25 saw Rs 94,222 crore in equity fund inflows. Went. , underscoring the resilience and confidence of investors in the Indian stock markets.
"However, with valuations rising and some sectors looking expensive, investors should consider being more cautious with new direct equity investments," he said.
Net AUM of the mutual fund industry increased by 3.8 per cent to Rs 61.15 lakh crore at the end of June from Rs 58.91 lakh crore at the end of May 31.
"The total folio count of 19,10,47,118 in June is an all-time high. We have seen consistent positive inflows into equity schemes since April 2021. There will be a huge opportunity for wealth creation in the coming 5-7 years." “This will lead to significant growth in the upper-middle class, HNI and ultra-HNI population,” said Hitesh Thakkar, acting CEO, ITI Mutual Fund.
Indian stock markets have witnessed a significant rise due to investors' confidence in the stability of the political environment and confidence in India's growth potential supported by timely reforms and policy decisions. Investors have successfully adopted the strategy of buying on every dip. Market watchers say that since the beginning of 2024, the Nifty 50 index has increased by 12.5 percent, while the Nifty Junior index has increased by 38.5 percent.
