- SIP inflows jumped 20% on Y-o-Y basis to hit an all - time high of ₹14,749 crore in May 2023 compared to inflows of ₹12,286 crore in May 2022.
- Open ended equity mutual funds witnessed inflows of ₹3240 crore in May 2023. The net Asset Under Management (AUM) of the overall Mutual Fund industry stood at ₹42.63 Lakh crore.
- RBI’s MPC kept the repo rate and estimate of real GDP growth unchanged at 6.5% for FY24.
- Edelweiss MF has launched the NFO for Edelweiss Multi Asset Allocation Growth Fund. The NFO close on June 19,2023.
Bought and Sold
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First Published: 10 Jun 2023, 11:39 AM IST