SIP inflows hit all-time high in March, cross Rs 14,000 crore mark for first time
Almost all the categories in the equity segment witnessed positive inflows. Largecap schemes, which have struggled to generate alpha and beat the benchmark in the past year, saw muted inflows worth Rs 911 crore. According to a report by S&P Dow Jones Indices, in the year 2022, over 88% of Indian equity largecap equity mutual funds have underperformed the benchmarks.
