SIP Inflows Update

Multi-asset allocation funds remained a preferred choice for investors in June, emerging as one of the largest contributors to inflows into hybrid mutual funds. Inflows into multi-asset allocation funds rose more than 22% month-on-month (MoM) in June. According to data from the Association of Mutual Funds in India (AMFI), multi-asset allocation funds attracted inflows of ₹4,810.76 crore in June, up from ₹3,928.51 crore in May, reflecting a 22.46% MoM increase.