Equity mutual funds witnessed redemptions worth Rs 16,144 crore in September, shows Amfi data. The outflow was 28 per cent lower than the redemptions last month. Investors withdrew amount worth Rs 22,362 crore in August. The figures include ELSS and arbitrage funds flows as well.
There is a lot of hue and cry in the industry about investors asking their advisors to stop their investments in equity mutual funds. However, the Amfi numbers do not support this claim. The new inflows in equi ..
