42 months & counting! India puts more money into equity funds

Investors continued to pour money into equity mutual funds in August, with inflows reaching ₹38,239 crore. Systematic investment plans (SIPs) also saw a record high of ₹23,547 crore. Debt funds attracted ₹45,169 crore. The mutual fund industry's total average assets under management surged to ₹66.04 lakh crore.