India Equity Fund Inflows Accelerate in March Despite War

India’s individual investors doubled down on stock mutual funds in March, pouring in record amounts in monthly recurring plans despite heightened geopolitical tensions and market volatility.

Flows to systematic investment plans climbed to an all-time high of 320.9 billion rupees ($3.5 billion), according to data from the Association of Mutual Funds in India. Total net inflows into equity-oriented funds surged to 404.5 billion rupees, up from 259.8 billion rupees in February.