July equity MF inflows surge to ₹22,583 crore
The Hindu
The strong inflows in new fund offers helped equity mutual funds (MFs) to log a staggering net investment of ₹22,583 crore in July, making it the fifth consecutive monthly infusion, amid a stock marke
The strong inflows in new fund offers helped equity mutual funds (MFs) to log a staggering net investment of ₹22,583 crore in July, making it the fifth consecutive monthly infusion, amid a stock market rally. The net inflow stood at of ₹5,988 crore in June, as per data from the Association of Mutual Funds in India (AMFI).
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Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.