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Equity mutual fund inflow hits 3-month low
Highlights
Equity mutual fund schemes registered a net inflow of Rs 8,414 crore in November, making it the lowest in three months, mainly due to a volatile market
Equity mutual fund schemes registered a net inflow of Rs 8,414 crore in November, making it the lowest in three months, mainly due to a volatile market. With this, the total inflow in equities has reached over Rs 82,200 crore during the current financial year so far (April-November), according to data from the Association of Mutual Funds in India (Amfi).
According to the data, equity and equity-linked saving schemes saw an inflow of Rs 8,414 crore in November, much lower than Rs 12,622 crore registered in the preceding month. In September, such schemes had witnessed an inflow of Rs 11,172 crore and Rs 8,375 crore in August.
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