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Equity Mutual Fund Inflows Decline 3.6% to Rs 39,687.78 Crore in January, According to AMFI Data

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According to data from the Association of Mutual Funds of India (AMFI), equity mutual fund inflows experienced a slight decline of 3.6% month-over-month, totaling Rs 39,687.78 crore in January. Despite this decrease, net inflows into open-ended equity funds have remained positive for the 47th consecutive month.

In December, inflows into open-ended equity mutual funds had risen significantly by 14.5% to Rs 41,155.91 crore, largely driven by increased investments in thematic/sectoral and small-cap funds.

Detailed data indicates a notable 22.6% surge in inflows into small-cap funds, which reached Rs 5,720.87 crore, while mid-cap funds saw a slight increase, attracting Rs 5,147.87 crore. Large-cap funds experienced a robust inflow, climbing 52.3% to Rs 3,063.33 crore. However, inflows into Sectoral/Thematic Funds fell sharply by 41.2% to Rs 9,016.60 crore, attributed to a decline in the number of new fund offers during the month. In January, mutual funds raised Rs 2,838 crore through three Sectoral/Thematic Funds.

In the fixed-income segment, the debt mutual funds recorded net inflows of Rs 1,28,652.58 crore in January, a contrast to the net outflows of Rs 1,27,152.63 crore noted in December. Liquid Funds attracted the highest inflows at Rs 91,592.92 crore, followed by Money Market Funds, which received Rs 21,915.53 crore. Conversely, Short Duration Funds and Gilt Funds witnessed net outflows of Rs 2,066.19 crore and Rs 1,359.66 crore, respectively.

Overall, open-ended mutual funds enjoyed a substantial net inflow of Rs 1,87,606.23 crore in January, a significant recovery from the net outflows of Rs 80,509.20 crore recorded in December.

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Business

RBI Ends Special Dollar-Rupee Swap Window Early Amid Strong Demand

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Mumbai: The Reserve Bank of India (RBI) has decided to close its special forex swap facility for fresh FCNR deposits early.

The facility will now close on August 31, the RBI said on Friday.

The central bank said the decision was taken after receiving an encouraging response. The facility has attracted $52.3 billion through fresh foreign currency deposits.

Banks can continue to undertake swaps with the RBI against FCNR deposits raised under the facility until September 11.

Meanwhile, the schemes for External Commercial Borrowings and Overseas Foreign Currency Borrowings will remain open until December 31, 2026.

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The RBI launched the special US dollar-rupee forex swap facility on June 8. It allowed banks to raise fresh three-to-five-year FCNR deposits.

Banks could then swap these deposits with the RBI at a concessional rate. The facility effectively covered the entire hedging cost for banks.

The strong response to the scheme led the RBI to bring the facility to an early close.

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Leksa Lighting Technologies Named among India’s Top 100 MSMEs

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Moodbidri: A dream that began in the rural area of Niddodi in Moodbidri has now gained national recognition. Leksa Lighting Technologies Pvt. Ltd., founded by Ronald Sylvan D’Souza, has been recognised as one of India’s Top 100 MSME companies.

The prestigious national recognition was presented by the MSME Udyog Foundation at a ceremony held in New Delhi on August 8, 2026.

Ronald Sylvan D’Souza started his entrepreneurial journey from a humble background. Through hard work, discipline and continuous efforts, he built Leksa Lighting Technologies into a recognised lighting technology company.

The company has focused on quality, technological innovation and indigenous manufacturing. Research and development have also played an important role in its growth.

Leksa Lighting has adopted Japanese work practices to improve its manufacturing and operational standards. The company has also worked towards developing quality lighting solutions in India.

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What began as a dream in rural Karnataka has now reached different parts of the country. The company is also making its presence felt in international markets.

Speaking about the recognition, Ronald Sylvan D’Souza said the award was not an individual achievement. He credited the entire Leksa team, customers, business partners, family members and everyone who supported the company.

He said he was proud and happy to see a dream that began in Niddodi and Moodbidri receive recognition at the national level.

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The achievement highlights the potential of rural entrepreneurs. It also shows that determination, discipline and consistent hard work can help a business from a rural area achieve success on a national platform.

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Leksa Lighting Technologies’ journey stands as an example of how a local dream can grow into a nationally recognised enterprise.

 

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Vehicle Prices to Increase from August 1

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New Delhi: Buying a new vehicle is set to become more expensive from August 1, adding to the financial burden on consumers. Several automobile manufacturers have announced a price hike due to rising production costs.

The increase is mainly driven by higher prices of raw materials and components. The cost of steel, aluminium, rubber, plastic, electronic chips, batteries, and spare parts has gone up in recent months. Global market changes caused by ongoing conflicts and inflation have also increased manufacturing expenses.

As a result, vehicle companies have decided to raise the prices of new models. Customers planning to purchase a new vehicle are likely to pay more from August 1.

The price hike is also expected to affect the travel and transport industry. Travel agencies and tour operators say buying new cars, SUVs, and other passenger vehicles will become more expensive.

Operators have already been facing higher expenses due to increased fuel prices and toll charges. With the additional cost of new vehicles, many travel agencies are preparing to revise their rental charges.

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The Karnataka Travels Association has indicated that travel fares may be increased to manage the rising operating costs. Passengers may have to pay more for each trip if the revised rates are implemented.

Meanwhile, several automobile manufacturers have already published details of the upcoming price increase on their official websites. Consumers planning to buy a new vehicle may consider making their purchase before the revised prices come into effect on August 1.

 

 

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