India’s mutual fund assets swell to record $702 billion on frenetic inflows
The driving force behind this remarkable growth has been the unrelenting inflows into equity mutual funds, which soared 83% month-on-month to 346.97 billion rupees in May.
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The driving force behind this remarkable growth has been the unrelenting inflows into equity mutual funds, which soared 83% month-on-month to 346.97 billion rupees in May.
The unprecedented influx of investments into small and mid-cap funds over the past year has contributed to the escalation of stock prices within these segments, amplifying the risk of a substantial market correction in the event of adverse market conditions.