News From Press Low equity MF redemptions in May could be a sign of rising investor confidence

Low equity MF redemptions in May could be a sign of rising investor confidence

Source: ET Jun 13, 2022

Mutual fund redemptions fell in May even as the market remained volatile, an indication that investors remained optimistic about equities despite a 10% plunge from the record highs. Equity MFs saw redemptions fall to ₹13,089 crore in May, the lowest in the past 25 months, showed data from the Association of Mutual Funds in India (AMFI). This pushed the gross buy-to-sell ratio of equity MFs to 2.42 times in May, compared

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