Reflecting the turbulence in the capital market and the series of corporate rating downgrades, the inflow into equity schemes of mutual funds was down 60 per cent in April to ₹4,609 crore from ₹11,576 crore logged in March.
Similarly, inflows into equity-linked tax-saving schemes dipped 83 per cent last month to ₹458 crore from ₹2,742 crore registered in March leading to a sharp drop in equity assets of mutual funds.
