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News From Press Mutual fund inflow rises 43% to Rs 1.4 lakh crore in Q1

Mutual fund inflow rises 43% to Rs 1.4 lakh crore in Q1

Source: PTI/The Economic Times Jul 12, 2018


Investors have pumped Rs 1.4 lakh crore into mutual fund schemes in the April-June quarter of this fiscal, a surge of 43 per cent from the year-ago period, driven by strong participation from retail investors.

According to Association of Mutual Funds of India (AMFI) data, the inflow has also helped in pushing the assets base of the mutual fund industry to Rs 23.40 lakh crore at the end of June this year, an increase of 20 per cent from Rs 20.40 lakh crore in June-end 2017.

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