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MikFx Earns International Investors’ Confidence with In-Depth Stock Market Analysis

TheIndiaSaga Team |

If you aren’t doing stock, are you even living? It has become popular with fair advantages. With the stock market becoming increasingly globalized, investors worldwide are looking for guidance and education to capitalize on trading opportunities. MikFx, a leading global provider of stock market training, is quickly emerging as the go-to source for traders internationally.

Headquartered in Gujarat, MikFx offers cutting-edge education for navigating the complexities of today’s financial markets. Through online courses, mentorship programs, and hands-on training, MikFx equips traders worldwide with the analytical skills and strategic mindset to thrive in stocks. What else do you need?

Dharmik Thakker, the founder of MikFx, says, “We take a research-based approach to analyzing market trends. Our programs focus on teaching proven technical and fundamental analysis techniques.” The rigorous training gives rising traders a keen insight into predicting price movements, assessing risk and reward ratios, and implementing effective trading plans. 

It’s often said that there’s no place for emotions while making decisions, and thus, MikFx can help one learn to make data-driven decisions rather than emotional reactions. The students here gain proficiency in chart pattern recognition, financial modeling, sector analysis, and proprietary trading strategies. Small class sizes ensure personalized attention and support.

The company’s global reach and focus on practical training have quickly made it the leader in stock education worldwide. MikFx has helped thousands of students across multiple countries achieve consistent profitability and long-term success in trading. With strong demand abroad, MikFx is expanding to serve more international traders. New courses and online resources are being added regularly to the company’s offerings.

Not only that, but they are also using their social media channels effectively to share more knowledge about the stock market. Whether just starting or looking to take their skills to the next level, international investors continue to turn to MikFx for the real-world training that leads to steady profits. By delivering actionable market insights, traders can trust the name. If you open an account with them, you can also enjoy a MikFx Million membership. So, if you too are looking to expand your proficiency, visit them now on Instagram at @mik_fx 

Kerala: Youth Congress protest against the arrest of State President 

TheIndiaSaga Team |

The Youth Congress in Kerala started the protest on 15 January. It continued with its protests against the arrest of its State President, Rahul Mamkootathil, by holding marches to government offices in some parts of the southern state. He has a case of a recent stir against the government that has triggered widespread protest by the Congress and allegations of police raj by the CPM-led Left Democratic Front government in Kerala. His Mother, Beena, told reporters that her son was held by surrounding the house as if he was a terrorist or evading person. 

The police resorted to lathi-charge, water cannon and tear gas to disperse the crowd outside Kozhikode District Collectorate. Youth Congress State Secretary VT Nihal was injured in the explosive attack by the police. The agitators also strike the National Highway in front of the Collectorate, affecting the traffic on the Kozhikode-Wayanad road. According to reports, Youth Congress National Secretary Vidhya Balakrishnan and District President R Shahin are under police custody.

Ahead of the Ram Mandir consecration ceremony, PM Modi starts an 11-day “anushthan”

Did police arrest Rahul Mangkoottathil?

A police party from Cantonment police station in Thiruvananthapuram arrived at Rahul’s house on the morning of 16 January. Rahul was brought to the police station and informed that he was arrested in connection with the incident during the Youth Congress march against the Kerala Government outreach programme Nava Kerala Sadas, Thiruvananthapuram, in December. The case concerned damage to public property and the injury caused to eight police officers, including the Cantonment sub inspector. 

“My son did not commit any murder. I asked all the police officers who came to my house as to why they were taking away my son. But none had an answer. I understand they were only implementing the orders received from higher-ups. My son is not afraid of such arrests.”

Rahul’s Mother

Youth Congress workers organised protests in several districts against Rahul’s arrest. The YC workers blocked traffic on the state and national highways in many places. They held protest demonstrations in the district headquarters. PCC president K Sudhakaran, Benny Behnan, Shafi Parambil, Ramesh Chennithala, K C Venugopal and P K Kunhalikutty condemned the police’s highhandedness. K C Venugopal said the arrest of Rahul was an example of the police raj in Kerala.

“The entire house of Rahul was cordoned off as if the cops had come to take away a terrorist.”

Opposition leader Satheeshan

IPO Boom: 57 Listers See 870% Gain, 52 Premium Trades

TheIndiaSaga Team |

After shares were listed on stock exchanges in 2023, investors who participated in initial public offerings (IPOs) saw a significant increase in their investments. Although these companies only raised Rs 49,434 crore from the market through the IPOs, the market value of the 57 IPOs listed in the last 12 months has skyrocketed to Rs 479,656 crore, translating to an 870 per cent spurt in investor wealth.

IPO Boom

This indicates that the total value of the gains made by investors—primarily promoters and institutional investors—from these IPOs is Rs 430,000 crore. Five 57 companies listed on stock exchanges in the previous 12 months have discounted share prices. Some have made gains of up to 236%.

PRIME Database Group Managing Director Pranav Haldea reports that total public equity fundraising rose from Rs 90,886 crore in 2022 to Rs 1,44,283 crore in 2023, a 59% increase. Nine of the 57 IPOs were oversubscribed more than three times, and 41 of the IPOs received a mega response more than ten times (of which 16 were subscribed more than fifty times). He said there were one to three times as many bidders for the remaining seven IPOs.

Equity fund inflows increased by 9.40% in December, while mutual fund assets surpassed Rs 50 lakh crore.

After raising Rs 3,042 crore through the IPO, Tata Technologies has a market capitalization of Rs 47,378 crore. On January 12, the company’s share price was Rs 1,167.90, compared to the IPO price of Rs 500. Compared to the IPO size of Rs 2,150 crore, the market capitalization of the Indian Renewable Energy Development Agency is Rs 29,834 crore. On January 12, the share price was Rs 111, compared to the IPO price of Rs 32. Investor wealth in Mankind Pharma is currently Rs 88,970 crore, compared to the IPO size of Rs 4,326 crore at the Rs 1,080 IPO price. The price of its shares surged to Rs 2,221.

While promoters and institutional investors hold the lion’s share of this gain through the listing, retail investors who have stayed invested have witnessed significant value appreciation. A retail investor purchased 10 Tata Tech shares for Rs 5,000 during the initial public offering (IPO). Now that the market value of those shares has increased to Rs 11,679, he is sitting on a gain of more than Rs 6,000.

Most IPOs have seen massive oversubscriptions as a result of the strong returns. Recalling the previous experience, issuers refrained from overpricing. “The last few months’ IPO craze hasn’t waned. Business enthusiasts are taking notice of the big names that are entering the market, according to Mahavir Lunawat, Managing Director of Pantomath Capital Advisors. According to him, initial public offerings (IPOs) have recently evolved beyond simple financial transactions, drawing interest from a wide range of investors rather than just experienced equity buyers. In 2023, the IPO market was thriving due to the secondary market’s positive trend. 57 IPOs came to the market for subscription to raise funds worth Rs 49,434 crore against 40 IPOs last year (total issue size of Rs 64,000 crore).

Going ahead, the pipeline remains intense, with a sharp increase expected in new-age tech IPOs, including Ola Electric, Swiggy and Mobikwik.

Moreover, the manufacturing and investment sectors saw strong growth in the first half of FY24, accounting for 7.7% of GDP growth. The Reserve Bank of India updated its GDP prediction for FY24, raising it to 7%. The market has benefited from these overly optimistic expectations for real GDP growth. Significant growth was observed in other high-frequency data points such as power demand, automobile sales, GST collections, and PMI data. However, according to a Motilal Oswal report, the first half of FY24 corporate earnings concluded positively, with Nifty companies generating 30% YoY profit growth.

The US and Indian elections this year may cause a brief lull in fundraising activity, according to Ramesh of Kotak Investment Banking. Still, the momentum behind the IPO is unlikely to slow down. The average IPO size is predicted to return to Rs 1,500 crore this year after reaching an average deal size of Rs 750–800 crore in 2023, the year of mid-cap IPOs.

This year, a wide range of businesses are anticipated to enter the market, including more extensive financial and tech services, manufacturers, and infrastructure firms planning to go public. In the upcoming 12 to 24 months, new-age tech listings will also take place, according to Ramesh.

NASA Unveils Supersonic Aircraft That Can Travel Faster Than Speed of Sound

NASA Unveils Supersonic Aircraft That Can Travel Faster Than Speed of Sound, here are the details of this modern supersonic aircraft.

Arsh Verma |

On Friday American space agency NASA(National Aeronautics and Space Administration) unveiled the supersonic aircraft. This is an experimental commercial aircraft named, X-59, which was created by NASA in a joint event with Lockheed Martin Skunk Works in Palmdale, California. According to the reports, its top speed is 1.4 times the speed of sound which is approximately 1,488 kilometres per hour. As per the news this supersonic aircraft is set to take off for the first time later this year.

Features of the aircraft

The supersonic aircraft has a thin narrow front nose, which makes up approximately a third of its total length. This can deflect shock waves surrounding supersonic planes and cause sonic booms. According to the sources, the X-59 is 99.7 feet long and 29.5 feet broad. To boost the aircraft’s supersonic performance, engineers removed the forward-facing windows used in other aircraft and positioned the cockpit roughly halfway down its length. The engine is installed on top, and scientists “gave it a smooth underside to help keep shockwaves from merging behind the aircraft and causing a sonic boom.”

According to the Deputy Administrator of NASA Mr. Pam Melroy, “This is a major accomplishment made possible only through the hard work and ingenuity from NASA and the entire X-59 team.” He further added, “In just a few short years we’ve gone from an ambitious concept to reality. NASA’s X-59 will help change how we travel, bringing us closer together in less time.”

NASA’s Quesst Program

The X-59 is the focal point of NASA’s Quesst program, which intends to give information to help regulators re-evaluate restrictions that prohibit commercial supersonic flying over land. Because of the disruptive effects of the loud, unexpected sonic booms on adjacent towns, the United States and other countries have prohibited these flights for the past 50 years. The X-59 is expected to move at 1.4 times the speed of sound, with the jet’s shape, design, and technology allowing it to do so with a quieter thud.

After the flight tests are completed, NASA will fly the aircraft over many locations in the United States to get feedback on the sound the X-59 creates and how people perceive it. NASA will transmit the data to the Federal Aviation Administration as well as foreign agencies.

Vivek Ramaswamy backs out from presidential candidature, supports Donald Trump

TheIndiaSaga Team |

Visionary entrepreneur and American politician Vivek Ramaswamy ends his presidential campaign after his poor performance in Lowa Cowcus. The Indian-American multimillionaire announced on Monday that he will not participate in the upcoming presidential election and endorsed his support to former president Donald Trump.

Mr. Vivek Ganapathy Ramaswamy was relatively unknown in political circles when he entered the race in February 2023. However, he was able to attract the attention and support of Republican voters by emphasizing America first and holding strong views on immigration. His campaign strategy, in terms of tone and policy, was very similar to former president Trump.

In an attempt to capitalize on the conservative support base that helped propel Trump to victory in earlier elections, he seems to be successful. Despite this, Trump emerged victorious in Iowa and strongholds his position as the frontrunner for the Republican nomination.

Mr. Ramaswamy, born in Ohio to Keralan immigrants, became one of the surprise candidates in a Republican field still heavily influenced by Trump’s name. However, in the final days before the Iowa caucuses, Mr. Ramaswamy found himself under fire from Trump, who publicly attacked him, calling him a “fraud” on his social media platform Truth Social and saying that supporting the Indian-American represented siding with the “other side.”

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After the defeat, Ramaswamy said, “This is the truth and I will accept this, The first hard truth—and I have to admit that I found this difficult—is that we’ve examined it from every angle. Furthermore, I believe it’s true that we were not able to pull off the surprise we had planned for tonight.”

He further added, “I gave Donald Trump a call earlier tonight to congratulate him on his win. He added, and from now on, he has my utmost support for the presidency. In advance of the state’s primary the following week, he declared that he would be visiting New Hampshire on Tuesday to campaign for Trump. We’re probably going to have a joint appearance with Donald Trump at a rally in New Hampshire tomorrow to discuss our shared vision for the future of this nation.”

Ramaswamy, who was 38 years old, was the youngest contender in the field. He emphasized his youth and relative lack of political experience as part of a larger call for a new generation of leaders, frequently contrasting himself with more senior and establishment Republicans.

Say Yes to Saying Yes: Unveiling the Meaning of Propose Day

TheIndiaSaga Team |

It’s time to pop the question and start your love story. Take a risk and act bravely, on Propose Day, get ready to make your love official. It’s time to rejoice since love is in the air! Prepare to share joy, love, and laughter with everyone you meet this Valentine’s Week. 

Valentine’s Week is dedicated to finding a unique way to express love, affection, and gratitude every day. Propose Day falls on the second day of Valentine’s Week, get ready to declare your love. On this day, people take their relationship to the next level and formally declare their love for one another by making a romantic or unique proposal to their partner. All the information you need to know about this unique day of love, from the date to the significance and history

When is the day celebrated?

Every year on February 8th, Propose Day is observed as part of the festivities surrounding Valentine’s Week. Propose Day, which is observed on the second day of Valentine’s Week, is a time to show your significant other your love and affection. It is followed by Rose Day.

Significance of the Proposed Day 

For couples in romantic relationships, Propose Day is an important occasion. This is the day to ask their partners to marry them and officially declare their love. The day represents the dedication and love shared by two people and is regarded as a significant turning point in many relationships.

A lot of people decide to pop the question to their significant other on this day by arranging a romantic date or by giving them a thoughtful gift. It’s a day to commemorate commitment and love as well as to begin the path to a future together.

Love is in the Air: Why we celebrate Valentine’s Day?

The background 

It is thought that Propose Day originated as a component of the centuries-old Valentine’s Week festivities. Valentine’s Week and the days that go along with it are thought to have originated in the West and then extended to other nations, including India.

There’s not much information available about the origins of Propose Day. However, according to popular belief, Mary of Burgundy received a diamond ring as a proposal from the Austrian Archduke Maximilian in 1477. A major topic of conversation in 1816 was Princess Charlotte’s engagement to her future husband. On the second day of Valentine’s Week after that, Propose Day was officially recognized as a holiday. Nowadays, many couples around the world observe Propose Day, a holiday that has grown in popularity in recent years.

Chilling Truth: Why Winter Makes Us Freeze?

TheIndiaSaga Team |

Winter has arrived in its entirety. This is the perfect time of year to curl up with something cozy and warm. Feeling chilly in the winter is normal. Nonetheless, some individuals experience extreme coldness. However, no one has ever wondered why we feel cold in winter even if we are surrounded by warm clothes. While being sensitive to the cold shouldn’t be a cause for alarm or concern, there may be an underlying medical condition that can cause persistent coldness. Temperature plays a vital role in the theory, let’s understand this concept.

7 Reasons Why Winter Makes Us Freeze

1. Heat transfer 

Everyone is constantly transferring heat to and from the surrounding environment. Heat transfer occurs from a higher temperature to a lower temperature body whenever there is a temperature differential between the two objects. As a result, until both bodies reach equilibrium, the temperature of the hotter body drops and the cooler body’s temperature drops. The greater the disparity in temperature, the greater the heat transfer and consequently, the greater the reduction in temperature of the warmer body.

To feel comfortable, the human body keeps a constant average temperature concerning the outside air temperature. The temperature outside is much lower in the winter than it is inside the human body. Because of this temperature differential, heat is transferred from the human body to the ambient environment. The result is a drop in body temperature, which is why we experience cold during the winter.

2. The body’s natural heating system 

The human body requires a core temperature that is consistently close to 37 degrees Celsius to function. The hypothalamus, a region of the brain, controls body temperature internally. The hypothalamus measures our body temperature and compares it to the average, which is approximately 37 degrees Celsius. Heat moves from an area or body with a higher temperature to one with a lower temperature when two objects have different temperatures. Our bodies have evolved complex systems to adapt to changes in environmental temperature so that we can maintain a steady internal temperature of roughly 37 degrees Celsius. 

Below 20 degrees: All other bodily reactions begin to occur when the ambient temperature falls to 20 degrees or less.

3. Muscles in your abdomen contract uncontrollably

One of the best ways for the body to produce heat is through muscle contraction. Shivering can increase heat generation by up to five times in extremely cold temperatures.

4. The rate of metabolism decreases

Energy is required for every chemical reaction that occurs in your body. The body needs to expend more energy to retain heat in colder climates. Therefore, it must lower metabolism to prevent wasting energy. However, at this point, consuming hot liquids and foods that produce heat helps your body regulate its internal temperature. 

Your body produces more urine when it’s cold outside because blood vessels constrict, raising blood pressure. The body excretes water through urination to replenish the fluid volume and thereby restore pressure.

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5. Impairment of body function

Physical and behavioral reactions become evident when the ambient temperature drops by approximately 10 degrees. The highest temperature at which one can comfortably perform physical tasks is 13 degrees. 

6. Below 10 degrees

Your touch sensitivity completely disappears at 8 degrees Celsius. Your body will respond in unison, driving all other limb responses to numbness. At this point, the core temperature can drop significantly if you don’t try to generate and maintain internal heat. Your body will run out of energy to generate heat if your core temperature drops below 32 degrees. This will cause your body temperature to continue to drop. When the temperature hits 28, your heart rate will decrease and you might even pass out. Your heart will stop beating when the core temperature reaches 20 degrees.

7. Individual Difference 

  • Ageing: Our metabolism slows down as we age. Your blood circulation is impacted by a slow metabolism, which makes you feel colder than usual. As we age, we also become more vulnerable to conditions like diabetes, thyroid, etc. As you get older, your body fat also starts to decrease. You may feel colder than usual if you have less body fat.
  • Diabetes: Diabetes has an impact on blood circulation, kidney function, and temperature sensitivity. It also has an impact on our nerves, which are connected to the bodily sensations we experience. Being overly hungry, thirsty, or urinating can all contribute to an unusually cold feeling.
  • Exhaustion: When you’re exhausted, you might feel more fatigued than other people. You could feel chilly due to either mental or physical exhaustion. The nutritionist from Bombay claims that there is a strong correlation between our body temperatures and energy levels. It’s just one of the numerous reasons you should aim for seven to eight hours of sleep each day.

Winter’s chill is no match for our body’s ingenious heat-balancing act. Despite losing warmth to the environment, our internal furnace kicks in, battling the cold with shivers, goosebumps, and even a craving for hot cocoa. Understanding the physics of heat transfer and our body’s response to it helps us appreciate the complex interplay between our internal temperature and the outside world. Embracing winter’s cold can be a reminder of our body’s remarkable resilience and resourcefulness, adapting to survive even the harshest environments.

Top 5 Winter Essential Skincare Must in Vanity for Smooth Skin

TheIndiaSaga Team |

Winter has embraced its arms, and chilly winds are caressing us. As autumn is here, woolens are out, and hot beverages and food have taken a favorite spot in our lives. Skincare in winter is effortless, but it is a tricky question. With many products and brands in the market, choosing the best from a cluster seems complicated, but it could be more accessible. 

There are a variety of skin types with different needs. From season to season, the skin needs changes. In winter, the skin needs more than usual. Here are some of the top 5 winter essentials that are a must in your vanity.

Top 5 Winter Skincare Essential for A Healthy and Smooth Screen

Moisturizer is a must

Choosing a moisturizer or lotion suitable for your skin type is the most crucial step, especially in winter. A cream or moisturizer gives skin the ultimate hydration on the outside and penetrates the inside. 

A moisturizer makes the skin dryness-free and keeps a healthy ph- balance for the face and even the body. A body lotion is also essential since those hot baths can make skin dry and crack. 

Toner for hydration

A toner is another essential in vanities. Whether it is summer or spring, a toner penetrates the skin and hydrates the skin. The water consistency of toner is immediately absorbed by the skin and gets deep down into the six layers of the skin. In winter, it is a must.

Also Read:5 Exotic places to visit this winters

A Sunscreen or Sunblock at all times

Sunscreen is a great yet essential addition to winter skincare. The sunscreen gives a protective layer to the skin while basking in the sun’s glow. Sunscreen provides an essential layer to protect from any sun and also intensifies the moisture in the skin. It is a must to have sunscreen. It must be noted that sunscreen should not be skipped at any cost.

A lip mask or lip balm

When it comes to skin, all needs will be fulfilled, but what about lips? As scientifically known, lips are the sensitive part of the face. Nowadays, a lot of lip care products and essentials are spreading on all media and lifestyle portals. Having a lip balm and lip mask is an excellent addition to skincare vanities. It protects the lips from any dryness and cracks. 

Due to the chilly and dryness in the air, lips get dry very quickly compared to the face or body. Lip Balm is the ultimate necessity in a vanity.

Shower-Gel for body hydration

As body lotions are essential, shower gels are also great for this chilly winter. With hot water, skins tend to dry up very quickly. Shower gels help in restoring the balance of the skin’s hydration. It maintains the pH balance of the skin and boosts the plumpness in the skin.

With all these winter essentials, one can keep skin and body healthy and glowing. All these above-mentioned products are a must for the vanity. Give your skin the ultimate protection with these five vanity essentials. Have a happy winter!

Teri Baaton Mein Aisa Uljha Jiya: Pyaar Is Unachievable for Kriti Sanon and Shahid Kapoor

TheIndiaSaga Team |

Shahid Kapoor and Kriti Sanon will collaborate on an “impossible love story this Valentine’s Week.” On Wednesday, the actors unveiled the title of their upcoming romantic movie and shared the official poster. Teri Baaton Mein Aisa Uljha Jiya is the name of the movie. The film’s leading duo, Shahid Kapoor and Kriti Sanon are shown cuddling up on the poster.

The poster’s caption said, “This Valentine’s week, immerse yourself in an incredible love tale, Cinemas will screen Teri Baaton Mein Aisa Uljha Jiya on February 9, 2024. A production of Maddock Films.” This is the first film that Kriti Sanon and Shahid Kapoor have worked together on. The film is being directed by Aradhana Sah and Amit Joshi and is being produced by Jio Studios and Maddock Film, both owned by Dinesh Vijan.

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In terms of her career, Kriti Sanon most recently starred alongside Amitabh Bachchan and Tiger Shroff in Ganapath. Last year, she co-starred with Prabhas, Saif Ali Khan, and Sunny Singh in Om Raut’s Adipurush. In Rhea Kapoor’s The Crew, she will also co-star with Tabu and Kareena Kapoor. Kriti and Kajol will both appear in Do Patti. Kriti’s first feature film production is this one. A few of the movies in which Kriti has starred are Bhediya, Shehzada, Dilwale, Bareilly Ki Barfi, Raabta, Arjun Patiala, Housefull 4, Panipat, Luka Chuppi, and Mimi.

The action thriller Bloody Daddy is where Shahid Kapoor was last seen. Moreover, he starred in the crime thriller series Farzi by Raj and DK. His previous role was that of a cricket player in the sports drama Jersey. The lead role in the Telugu-language original film was played by Nani. In addition, he will co-star with Pooja Hegde in the movie Deva.

Equity fund inflows increased by 9.40% in December, while mutual fund assets surpassed Rs 50 lakh crore

TheIndiaSaga Team |

The assets under management (AUM) of the mutual fund industry surpassed Rs 50 lakh crore for the first time in December 2023, indicating the increasing inclination of investors towards mutual funds, particularly equity-oriented schemes.

Data from the Association of Mutual Funds in India (AMFI) showed that the industry’s net asset value (AUM) increased from Rs 49.05 lakh crore in November 2023 to Rs 50.77 lakh crore in December 2023. The AUM of the mutual fund sector increased by about Rs 11 lakh crore in 2023. In December 2023, the total amount received via the systematic investment plan (SIP) route hit a record high of Rs 17,610.16 crore. In December 2023, 40,32,643 new SIPs were registered, while 20,80,622 SIPs matured or were discontinued.

According to Venkat Chalasani, CEO of AMFI, “the mutual fund industry took nearly 50 years to build the first Rs 10 lakh crore of AUM, but the last Rs 10 lakh crore, from Rs 40 lakh crore to Rs 50 lakh crore, was amassed in just over a year.” As of December 2023, retail AUM (equity plus hybrid + solution-oriented schemes) was Rs 28,87,504 crore.

Net inflows into equity-oriented mutual fund schemes persisted in December. In December 2023, net inflows into the segment were Rs 16,997 crore, up from Rs 15,536.42 crore the previous month.

Sectoral or theme funds received the largest inflows among equity schemes, totaling Rs 6,005.49 crore as compared to Rs 1,964.67 crore in November 2023.

In December, inflows into small-cap funds were recorded at Rs 3,857.5 crore, down from Rs 3,699.24 crore in November. There were outflows of Rs 280.94 crore and inflows of Rs 306.7 crore from large-cap funds.

Compared to November, when net inflows into large and mid-cap funds were Rs 1,847.45 crore, in December there was Rs 2,338.86 crore. From Rs 2,665.73 crore to Rs 1,393.05 crore, inflows into mid-cap funds decreased. December saw inflows of Rs 1,851.87 crore into multi-cap funds and Rs 1,087.45 crore into flexi-cap funds. Compared to outflows of Rs 4,706.75 crore last month, debt mutual funds saw inflows of Rs 75,559.93 crore.

The significant net outflow observed in December may have resulted from corporations having to fulfil the advance tax requirement in light of the approaching quarter end. As anticipated, the month’s largest net outflows were from liquid funds, according to Himanshu Srivastava, Associate Director, Manager of Research at Morningstar Investment Research India Pvt Ltd.

Compared to November’s outflows of Rs 644.73 crore, the net outflows from the liquid funds were Rs 39,675.27 crore. Outflows totaling Rs 6,029.75 crore and Rs 9,432 crore from ultra short-term and low-term funds, respectively. Compared to inflows of Rs 13,538.05 crore in the previous month, net inflows into hybrid schemes were Rs 15,009.3 crore this time.

Compared to November’s outflows of Rs 644.73 crore, the net outflows from the liquid funds were Rs 39,675.27 crore. Outflows totaling Rs 6,029.75 crore and Rs 9,432 crore from ultra short-term and low-term funds, respectively. Compared to inflows of Rs 13,538.05 crore in the previous month, net inflows into hybrid schemes were Rs 15,009.3 crore this time.

In contrast to 16,18,14,583 for November 2023, mutual fund folios reached an all-time high of 16,48,90,272 in December 2023.