News From Press Mutual funds see net redemptions of Rs 73,000 crore in March

Mutual funds see net redemptions of Rs 73,000 crore in March

Source: PTI/ET Apr 12, 2016

Investors pulled out over Rs 73,000 crore from various mutual fund schemes in March, primarily due to high redemptions in Liquid Funds.

Despite this, mutual fund (MF) schemes saw a net inflow of Rs 1.34 lakh crore in 2015-16. In comparison, MFs had witnessed an inflow of Rs 1.03 lakh crore in the preceding financial year.

"Every year March month high outflow is routine phenomenon and we should not read much into it. It happens due to high redemptions in Liquid Funds by the big ..

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