Mutual Fund Activity Report For March: ICICI Direct
An employee holds a handful of blank coins at a minting facility in Winnipeg, Manitoba, Canada. (Photographer Shannon VanRaes/Bloomberg)

Mutual Fund Activity Report For March: ICICI Direct

Bookmark

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

Equity funds saw inflows for the first time in nine months at Rs 9,100 crore.

The outflow trend seems to have reversed as matured investors are likely to invest at every lower level.

Systematic investment plan contribution rose to all-time high at Rs 9,182 crore in March 2021 with SIP account additions also up to all-time high in March 2021 with higher average ticket size.

Click on the attachment to read the full report:

ICICI Direct MF Activity Report.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.