In October, equity mutual fund inflows surged by 22% to Rs 41,886 crore, despite a 6% decline in Nifty and heavy outflows from foreign institutional investors (FIIs).
Sectoral and thematic funds saw the highest inflows, totaling Rs 12,278 crore, while smallcap and multicap funds attracted Rs 3,771 crore and Rs 3,596 crore, respectively. The AUM of mutual funds reached an all-time high of Rs 66.98 lakh crore, reflecting robust investor confidence.