News From Press Mutual funds net inflows crash by 95%

Mutual funds net inflows crash by 95%

Equity inflows have slowed down as many investors are waiting for clarity on their own future cash flows. Redemptions are still lower than the March outflow of Rs 18,386 crore.

The Economic Times Jul 13, 2020

Redemptions from equity funds rose sharply and non-SIP inflows slowed down in June even as markets recovered much of the lost ground. Investors pulled out Rs 13,520 crore from equity funds, up from Rs 7,693 crore in the preceding month, shows AMFI data. Non-SIP inflows in June stood at Rs 5,834 crore, down from Rs 21,468 crore in March. As a result, the net inflow into the segment for June was a paltry Rs 240 crore.

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