NFO effect! Sectoral and thematic MFs record over Rs 15,000 crore inflow in December

In December 2024, sectoral and thematic mutual funds saw a significant inflow of Rs 15,331 crore, led by 12 new fund offers (NFOs) raising Rs 11,337 crore. Equity mutual funds saw a 15% month-on-month increase in inflows, reaching Rs 41,155 crore. Despite this, assets under management (AUM) declined by 2%, totaling Rs 66.66 lakh crore