AMFI Data: MF SIP inflows hit record high of Rs 26,632 crore, up 3% in April

Mutual fund SIP inflows hit a record high in April, rising 3% to Rs 26,632 crore from Rs 25,926 crore in March.

Equity mutual fund inflows fell nearly 3% month-on-month to Rs 24,269 crore in April, down from Rs 25,082 crore in March, as investor preference shifted towards debt mutual funds.

Debt funds saw strong inflows of Rs 2.19 lakh crore in April, reversing an outflow of Rs 2.02 lakh crore in March.



More to come...