Investors continued to pour money into equity-oriented schemes in February undeterred by the sharp volatility in the stock market during the month and the imposition of long-term capital gains tax in the Union Budget.
Equity oriented (equity, equity savings and arbitrage), balanced and ELSS schemes have seen net inflows of Rs 21,294 crore in February as against Rs 23,055 crore in January, according to data from industry body the Association of Mutual Funds of India (AMFI). In all, the ..