Latest ELSS News & Updates

New Delhi, July 10 (IANS) Equity-orientated mutual funds attracted net inflows of Rs 28,973.41 crore in June — up 26.47 per cent month-on-month — which indicated sustained investor interest in equities despite volatility in the broader market amid geopolitical tensions, according to monthly data released by the Association of Mutual Funds in India (AMFI) on Friday.The equity mutual fund category mobilised Rs 67,600.90 crore during the month, while redemptions stood at Rs 38,627.49 crore, resul…

Mumbai, March 10 (IANS) The mutual fund industry recorded a net inflow of Rs 94,530 crore in February, driven by strong investor interest in equity funds, debt schemes, and passive products, according to data released by the Association of Mutual Funds in India (AMFI) on Tuesday.The industry’s total assets under management (AUM) stood at Rs 82.03 lakh crore at the end of February, while the average AUM for the month was Rs 83.43 lakh crore, according to the data.Equity-oriented schemes continu…