1. Open ended equity mutual funds witnessed inflows of ₹8898 crore in July 2022. The net Asset Under Management (AUM) of the Mutual Fund industry stood at ₹37.53 lakh crore.
2. SIP inflows for the month of July stood at Rs. 12,139 Cr, which fell marginally as compared to Rs. 12,275 Cr inflows in the month of June. Total number of SIP folios jumped to Rs. 5.61 crore in July 2022 from Rs. 5.55 crore in June.
3. Consumer Price Index (CPI) Inflation rate eased to 6.71% in July 2022, down from 7.01% for the previous month.
4. JM MF & Navi MF have launched the NFOs for JM Short Duration Fund and Navi Nifty India Manufacturing Index Fund. The NFOs closes on August 22 and August 23 respectively.
Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and kuvera.in.