Equity mutual funds have witnessed marginal increase in new inflows in May, but the redemptions continue to be unabated. New inflows in equity schemes have risen by 5.6 per cent to Rs 26,627 crore in May, whereas total redemptions have increased by 17 per cent to Rs 15,463 crore, shows Amfi data.
Mutual fund advisors blame new investors, who started investing in the last year or so, for the relentless redemption in equity mutual fund schemes.
“Investors, who started investing i ..
