Post demonetisation, one segment of the market which has benefited in terms of flow of money is mutual funds. The money that came in banks had to be parked in avenues which give reasonably good returns than fixed deposits. This catapulted flows into various mutual fund schemes.
According to the Association of Mutual Funds India (AMFI), total inflows in mutual funds across equity, balanced and equity ELSS categories since January 1 this year were Rs 1,00,325 crore.
Mutual fund distributors observe that close to 50 per cent of these inflows have been parked in balanced funds. This is followed by 25 per cent each in equity savings schemes and in large-cap, mid-cap and multi-cap schemes.
