Equity mutual fund (MF) investors are seeing some relief on returns, with large-cap and mid-cap funds surging 13.6 per cent and 12.7 per cent, respectively, in April. Industry participants, however, say the run-up in market prices may not be enough to improve the sentiment of investors. “More than the markets, concerns over monthly income and cash-flows are on investors’ mind, given the uncertainty surrounding the economy,” said Vidya Bala, co-founder of primeinvestor.in
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