Mutual fund assets soar past Rs 66.70 trillion mark as SIPs hit record highs
Article Summary
-MUMBAI: The strong demand for small-cap and mid-cap funds buoyed open-ended equity mutual fund inflows by 3.03 per cent to Rs 38,239 crore in August, pushing industry-wide assets under management past the Rs 66.70-trillion mark, up from Rs 64.96 trillion in the previous month.
During the reporting month, the Nifty 50 rose 1.14 per...