Continued correction in equities, year-end tightening of liquidity and large number of equity IPOs in secondary market led to a slowdown in retail appetite for equity mutual fund schemes in March. Equity-oriented, balanced, and ELSS schemes saw net inflows of Rs 13,411 crore in March as compared to Rs 21,294 crore in February, revealed data from industry body AMFI.
“Though overall equity flow is down compared to February, the industry continues to receive net flow into equity schemes. H ..