Amidst the tense situation between India and Pakistan, record funds poured into Indian stock funds in April.
According to the Smart Finance APP, despite the recent reduction in market volatility reducing one-time investments in mutual funds, the inflow of funds into Indian stock funds has reached a record high in nearly five years, thanks to monthly systematic investment plans. Data from the Association of Mutual Funds in India shows that in April, the net inflow of funds into actively managed stock funds was 242.7 billion rupees (approximately 2.8 billion US dollars), slightly declining; however, the inflow of funds from monthly systematic investment plans was 266.3 billion rupees.
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