Notwithstanding a crisis of confidence in credit risk funds, mutual fund lobby Amfi on Friday claimed inflows to debt funds stabilised in April, but flows into equity funds have come down sharply. SIP inflow also dipped as investors reassessed the market situation. Amfi data released on Friday showed SIP inflows fell 3 per cent to Rs 8,376.11 in April from Rs 8,641.20 crore in March. Total number of SIP folios saw a marginal jump to 3.13 crore from 3.12 crore. Assets under management (AUM) from SIPs jumped to Rs 2.75 lakh crore from Rs 2.39 lakh crore in March.
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