In September, equity mutual fund inflows dropped by 10%, but SIP contributions increased by 4% to over Rs 24,000 crore. New SIP registrations reached 6.6 million, with a total SIP AUM at an all-time high of Rs 13.81 lakh crore. The mutual fund industry saw record figures in folio count and investor base.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest