News From Press Equity MFs see net outflow for 8th straight month in Feb

Equity MFs see net outflow for 8th straight month in Feb

Financial Express Mar 10, 2021

According to market experts, investors have continued to book profits after markets touched multiple all-time highs in February. Re-allocation of funds to alternative avenues such as direct equity or real estate also contributed to outflows in equity schemes. Close-ended equity schemes saw an outgo of Rs 2,354.35 crore, which was largely because many close-ended schemes matured in the February.

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