The mutual fund industry in India reported net outflows of ₹71,114.08 crore for September 2024, as per the latest data from the Association of Mutual Funds in India (AMFI). This decline follows a staggering 42.8% drop in August, where cumulative inflows into mutual funds were recorded at ₹1.08 lakh crore. Equity mutual funds saw a decline in inflows by 9.9% in September, totaling ₹34,419.26 crore, down from ₹38,239.16 crore in August. The net assets under management (AUM) of

On Thursday, benchmark equity indices in India ended with slight gains as investors geared up for the earnings announcement from Tata Consultancy Services (TCS), the country's largest IT services firm. Additionally, inflation data from the US, set to be released after market hours, remained a focal point for traders. The Nifty index closed up by 0.07%, gaining 16.50 points to finish at 24,998.45, while the Sensex increased by 0.18%, adding 144.3 points to close at 81,611.4. Desp