Association of Mutual Funds of India (AMFI), recorded an inflow of 28, 332 crore in first quarter of the fiscal year 2018 in Equity Funds and Equity linked savings Schemes.
"Mutual Funds Sahi hai" campaign has created an interest awareness among potential investors as a good investment platform for the long view. "Mutual Funds Sahi hai" campaign was run by AMFI under the guidance of Security and Exchange Board of India (SEBI).
SIP has taken an consistent investment inflow from B30 cities and investment numbers are currently standing at 7300 crore. Since SIP investments has proved to gain trust of the investors as a long term wealth creation potential of equitites.
SIP are investments scheme having investment frequency of weekly, monthly and quarterly, where investors can invest in small amounts periodically instead of lumpsum.
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Another inflow of nearly 33000 crore, has been recorded in last quarter of currnet fiscal year with 15 percent surge. Overall a total amount of 1.4 Lakh crore has been invested during the quarter year and Total investment amount has gone up to 7.86 lakhs crore from 5.91 lakh crore last year.
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