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SIP inflows jumped 23% on Y-o-Y basis to hit an all-time high of ₹16,042 crore in September 2023compared to inflows of ₹12,976 crore in September 2022.
Open ended equity mutual funds witnessed inflows of ₹14,091 crore in September 2023. The net Asset Under Management (AUM) of the overall Mutual Fund industry stood at ₹47.50 Lakh crore.
As per the data released by Central Board of Direct Taxes, India’s direct tax collections surged by 17.95 % to ₹11.07 lakh crore between 01/April and 9/Oct on an annual basis.
Shares ofValiant Laboratories andPlaza Wires got listed at a premium of 15.8% and 56% over issue price of ₹140 and ₹54 respectively.
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Updated: 14 Oct 2023, 12:42 PM IST