News From Press Equity mutual funds witness lowest redemptions in 12 months

Equity mutual funds witness lowest redemptions in 12 months

Source: Economic Times Nov 10, 2018

Equity mutual funds saw lowest redemptions in the last 12 months in October, AMFI data shows. Total redemptions in equity schemes for October stood at Rs 14,160 crore. October 2017 witnessed redemptions to the tune of Rs 13,861 crore. Equity mutual fund schemes include arbitrage funds and tax-saving of ELSS.

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