Equity fund inflows stay steady; mutual fund industry AUM nears Rs 50 trillion landmark
Equity fund inflows stay steady The contributions via systematic investment plans (SIPs) topped the Rs 17,000 crore level for the first time in November. The SIP book came in at Rs 17,073 crore against Rs 16,928 crore in October. The steady flows into equity mutual funds came amid strong domestic equity markets. During November, BSE…