For September 2024, passive funds reported a 45.7% growth in folios and a 44.9% growth in AUM on a yoy basis.
The record SIP flows in September 2024 takes the average monthly SIP flows in FY25 to ₹22,321 Crore
Despite the September selling, debt fund flows were positive in the second quarter of FY25
Mutual fund AUM crossed ₹67 Trillion in September, despite the deluge of quarterly debt fund outflows
The 2.4% consumer inflation in the US for September 2024; is the lowest inflation level since February 2021
The government appears to be going slow on capex, but revenue expenditure is still quite buoyant
Oil prices again fell this week as OPEC now plans to expand its supply of crude oil in the coming months
The GDP and PCE inflation data this week indicate that the rate cuts by the Fed will continue for now
FPIs infused a whopping $2.83 Billion into Indian equities in the last week of September 2024 on index rejig
The company's claimed reasons for the split include increased share liquidity, affordability, and a broader investor base.

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