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- SIP inflows jumped 16% on Y-o-Y basis to hit an all - time high of ₹13,728 crore in April 2023compared to inflows of ₹11,863 crore in April 2022.
- Open ended equity mutual funds witnessed inflows of ₹6,480 crore in April 2023. The net Asset Under Management (AUM) of the overall Mutual Fund industry stood at ₹41.53 Lakh crore.
- As per data released by the Ministry of Statistics India’s retail inflation moderated to an 18-month low of 4.7%, CPI based inflation has stayed in line with the RBI band of 2-6%.
- Shares of Mankind Pharma Ltd got listed at a premium of 20% over issue price of ₹1080 while IPO of Nexus Select Trust REIT got oversubscribed by 5.45 times.
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First Published: 13 May 2023, 11:39 AM IST