India’s mutual fund assets crossed the Rs 50-trillion mark for the first time in December 2023, hitting RS 50.77 trillion, data from the Association of Mutual Funds in India (Amfi) showed. In a sign of how much more comfortable Indians are today investing their money, rather than simply saving it, inflows into systematic investment plans (SIPs) touched another new high of RS 17,611 crore in D…
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