In January last year, investment in equity-based mutual funds reached a two-year high of Rs 21,780 crore, according to the Indian Mutual Fund Association, 'Ambi'.
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| Mutual fund investment, |
As of March 2022, equity mutual fund investment stood at Rs 28,463 crore. After this, the maximum investment in mutual funds in a month was last month.
Accordingly, in the month of January, the total investment made in equity mutual funds was Rs 21,780 crore. Also, this is 28 percent higher than the December investment of Rs 16,997 crore.
Monthly SIP and mutual fund investments also hit an all-time high of Rs 18,838 crore. Earlier, it was Rs 17,610 last December.
Similarly, 51.84 lakh new SIP accounts were registered last month.
Also, Rs 75,560 crore was invested in debt-based mutual fund schemes and Rs 20,637 crore in hybrid mutual fund schemes last month.
Overall, the mutual fund sector - last January attracted investments of Rs 1.23 lakh crore.