MF inflows rose to ₹40.05 lac crore in FY23 against ₹37.70 lac crore

Mutual funds inflow in recently ended financial year 2022-23 grew near 7 per cent to ₹40.05 lakh crore against ₹37.70 lakh crore in the previous fiscal. As per the latest data released by mutual fund body Amfi, Indian equity mutual funds registered 31 per cent rise in inflow on sequential basis in March 2023.