New Delhi, Feb. 12 -- According to data released by the Association of Mutual Funds in India (AMFI) on February 12, equity mutual fund inflows experienced a marginal decline of 3.6% in January, totaling Rs.39,687.78 crore.Despite the slight decrease in monthly inflows, net investments into open-ended equity funds remained in the positive for the 47th consecutive month, indicating continued investor confidence in the asset class.

Systematic Investment Plan (SIP) contributions also remained robust in January, surpassing the Rs.26,000 crore mark. The total SIP inflow for the month was Rs.26,400 crore, compared to Rs.26,459 crore in December, reflecting a minor dip of just 0.2%.

Published by HT Digital Content Services with permission from ...