SIP inflows remain flat at Rs28,265 cr in Aug: AMFI data

New Delhi: The Systematic Investment Plan (SIP) inflows in August stood at Rs 28,265 crore, marginally lower than Rs 28,464 crore in July, the Association of Mutual Funds in India (AMFI) data showed on Wednesday.

Meanwhile, the cash inflow in the equity mutual funds stood at Rs 33,430.37 crore. Earlier, equity mutual funds saw an astounding 81 per cent increase in inflows in July, reaching Rs 42,702 crore, up from Rs 23,587 crore in June.

According to the data, among actively managed equity funds, large-cap funds saw an inflow of Rs 2,834.88 crore, mid-cap funds saw an inflow of Rs 5,330.62 crore, and small-cap funds attracted a net inflow of Rs 4,992.90 crore.