Mutual funds witnessed huge redemptions of over Rs 50,000 crore by investors in March on strong outflow from liquid and debt funds, according to the industry body Association of Mutual Funds of India (Amfi).
Besides, mutual funds saw a net inflow of Rs 2.72 lakh crore in 2017-18, much lower than Rs 3.4 lakh crore seen in the previous financial year.
Net inflows into equity mutual funds slumped to 20-month low of Rs 2,954 crore last month.