Fund flows stay resilient as industry assets inch higher in September

Mutual fund assets expanded modestly in September as equity schemes led inflows, and HDFC AMC introduced a new consumption-focused fund targeting long-term domestic growth.

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Fund flows stay resilient as industry assets inch higher in September

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Fund flows stay resilient as industry assets inch higher in September
Mutual fund assets expanded modestly in September as equity schemes led inflows, and HDFC AMC introduced a new consumption-focused fund targeting long-term domestic growth.
India’s mutual fund industry continued to expand steadily as total assets under management reached US$798.25 billion or Rs 67,09,259 crore in September, rising 0.58 percent month on month. Equity mutual funds led the growth with a 3.37 percent expansion, signaling improving retail participation. HDFC AMC launched its India Consumption Fund focused on long-term domestic demand trends up to 2030, while sectoral and hybrid funds also saw rising investor interest.
Sentinel