News From Press Equity MFs inflow at record Rs 1.3 lakh crore in 2017

Equity MFs inflow at record Rs 1.3 lakh crore in 2017

Source: Economic Times/PTI Jan 8, 2018

Investors pumped in a record Rs 1.3 lakh crore in equity mutual funds in 2017 on the back of low bank deposit rates and lacklustre performance of gold and real estate.

The strong inflows pushed the asset base of equity MFs to Rs 7.7 lakh crore last year from Rs 4.7 lakh crore in 2016, latest data with the Association of Mutual Funds in India (Amfi) showed.

Fund houses attributed the strong inflow to continuous participation from retail investors through systematic

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