Regional Headline :

The Mutual Fund industry in India has witndssed significant growth over the years, as reflected in the Average Assets Under Management (AAUM) and Assets Under Management (AUM) figures for January 2024.. The Net equity mutual fund inflows rose 28% sequentially to 221,780.56 crore in January, the highest since March 2022, according to data from the Association of Mutual Funds in India said Rishabh Goel, MD, Tailwind Financial ServicesThese trends indicate the increasing popularity and acceptance of mutual funds as an investment avenue among investors in India. The industry's growth can be attributed to various factors, including increasing investor awareness, regula .

tory reforms, and the ease-of investing through mutual funds. As the industry continues to evolve, it presents significant opportunities for both investors and fund houses alike.Rishabh Goel, MD, Tailwind Financial Services said Mutual

funds offer investors the opportunity to invest in a diversified portfolio of securities managed by professionals. They are broadly categorized into two types: open-ended and close-ended funds. Understanding the differences between these two types can help investors make informed decisions based on their financial goals and risk tolerance.Key trends: The month of January 2024 saw the overall mutual fund AUM touch ?252.74 Trillion, mark for the first time . SIP flows in January 2024 touched a record 218,838 Crore while the NFO (new fund offering) flows were relatively strong at 26,817 Crore, dominated by passive funds and multi-asset allocation hybrid funds.