Value MFs attract Rs 1,556 cr inflow in Jan; outlook remains optimistic

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Value MFs attract Rs 1,556 cr inflow in Jan; outlook remains optimistic - Business Standard

Quick Summary:

Investor confidence in value mutual funds remains robust, with the category witnessing an inflow of Rs 1,556 crore in January, indicating a shift in their focus towards fundamentally strong yet undervalued stocks.

This represents a slight increase from the Rs 1,514 crore inflow registered in December, according to data from industry body Association of Mutual Funds in India (Amfi).

However, despite the inflow, assets under management (AUM) in this category declined from Rs 1.88 lakh crore in December to Rs 1.83 lakh crore in January.