Equity mutual funds saw an inflow of close to Rs 4,900 crore in January, taking the total fund infusion to about Rs 55,700 crore by 'optimistic' investors in the first 10 months of 2016-17 fiscal.
This also marks the 10th straight month of inflows into equity schemes. Prior to that, such funds had witnessed a pullout of Rs 1,370 crore in March.
"Healthy SIP (systematic investment plans) book continues to support fresh inflows in equity segment of mutual funds, despite a quarter of volatile markets," Bajaj Capital National Head Mutual Funds Anjaneya Gautam said.
