- SIP inflows jumped 30% on a YoY basis to reach an all-time high ₹16,928 crore in October 2023 compared to inflows of ₹13,041 crore in October 2022.
- Open-ended equity mutual funds saw an inflow of Rs. 19,957 crore in October 2023. The net asset under Management (AUM) of the overall Mutual Fund industry was ₹46.71 Lakh Crore.
- According to the data released by the Central Board of Direct Taxes, India’s direct tax collections have increased by 22% ₹10.60 lakh crore for FY24.
- Shares for Cello World were listed at a 28% premium over their issue prices ₹648 while IPOs of ESAF Small Finance Bank, ASK Automotive and Protean eGov Technologies were oversubscribed by 77 times, 51.14 times and 23.86 times respectively.
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