1. Gross tax revenue for FY22 rose by 34% to ₹27.07 lakh crore up from ₹20.16 lakh crore in FY21. The rise in tax receipts pushed the tax-GDP ratio to a new high of 11.7%
2. Open ended equity mutual funds witnessed inflows of ₹28,463 crore in March 2022, a substantial rise of 44% from the previous month.
3. SIP inflows hit an all time high of ₹12,328 crore in March 2022. Total number of SIP folios jumped to 5.27 crore in March 2022 from 5.17 crore in February.
4. BSE Star MF accounted for 49% of MF industry’s net equity inflow at ₹81,350 crore. The platform processed a record 18.47 crore transactions in FY22.
Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and kuvera.in