News From Press Investors pump Rs 24,479 crore in equity mutual funds in April-May

Investors pump Rs 24,479 crore in equity mutual funds in April-May

Source: Business Standard/ PTI Jun 11, 2018

Investors pumped in a staggering Rs 24,479 crore in equity mutual funds in April-May 2018 due to increased cognisance about market volatility and a spirited awareness campaign by the industry.

The inflows follow an investment of over Rs 1.71 lakh crore in such funds in 2017-18, according to the data from the Association of Mutual Funds in India (Amfi).

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