September weakness on Street turns MF SIPs into gulps

Equity schemes received net inflows of ₹14,100 crore in September compared to ₹6,120 crore in the previous month, according to data released by the Association of Mutual Funds in India (AMFI). Flows through systematic investment plans (SIPs) rose to a new all-time high of ₹12,976 crore, compared to ₹12,693 crore in August.

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