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  • MF News Investors pump Rs 1.62 lakh crore into Mutual Funds in April-December FY'16

    Investors pump Rs 1.62 lakh crore into Mutual Funds in April-December FY'16

    Source: PTI/DNA Jan 12, 2016

    Investors have pumped in a large Rs 1.62 lakh crore into various mutual fund schemes in the first 9 months of the current fiscal, mainly in equity and money market categories.

    In contrast, inflows worth Rs 87,942 crore were witnessed in the April-December period of last fiscal.

    "Inflow has been across asset classes, but investors' participation in equity oriented funds is a positive thing for the industry," Quantum AMC CEO Jimmy Patel said.

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