Equity mutual funds see inflow first time in 9 months

By Indiatimes6 days ago

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Equity mutual funds witnessed a net inflow of Rs 9,115 crore in March, making it the first net infusion in nine months. Prior to this inflow, equity schemes had been witnessing net outflow since July.

However, investors pulled out Rs 52,528 crore from debt mutual funds last month after investing Rs 1,735 crore in February, data from the Association of Mutual Funds in India (Amfi) showed on Thursday.

Overall, the mutual fund industry witnessed a net outflow of Rs 29,745 crore across all segments during the period under review, compared with a net inflow of Rs 4,090 crore in February.

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