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News From Press Mutual funds log Rs 2 lakh crore inflows in Apr-Sep FY'17

Mutual funds log Rs 2 lakh crore inflows in Apr-Sep FY'17

Source: Economic Times/PTI Oct 12, 2017

Investors have pumped in over Rs 2 lakh crore into various mutual fund schemes in the first six months of the current fiscal, with equity and balanced funds accounting for most of the inflows.

According to data from Association of Mutual Funds in India (Amfi), equity and equity linked schemes attracted over Rs 80,000 crore, and balanced funds received more than Rs 47,000 crore. Besides, Rs 28,600 crore was invested in liquid or money market fund category.

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