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- SIP inflows jumped 25% on Y-o-Y basis to hit an all-time high of ₹15,814 crore in August 2023compared to inflows of ₹12,693 crore in August 2022.
- Open ended equity mutual funds witnessed inflows of ₹20,245 crore in August 2023. The net Asset Under Management (AUM) of the overall Mutual Fund industry stood at ₹46.62 Lakh crore.
- As per data released by the Ministry of Statistics India’s retail inflation moderated to 6.83% in Aug 2023 from 7.4% in July 2023. Whereas, CPI inflation stood at 4.8% in Aug 2023 from 4.9% in July 2023.
- IPO of R R Kabel Ltd and EMS Ltd got oversubscribed by 18.7 and 76.2 times respectively.
- HDFC AMC has launched the NFO for HDFC Pharma & Healthcare Growth Fund. The NFO closes on September 28, 2023.
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FIIs raise holdings in 250 of BSE 500 stocks in Q1FY24; here are top 10 firms that saw biggest increase
First Published: 16 Sep 2023, 12:30 PM IST