Equity MF inflow at Rs 6,500 crore in February

Equity mutual funds saw an inflow of close to Rs 6,500 crore in February, taking the total tally to over Rs 62,000 crore by "optimistic" investors in the first 11 months of the current fiscal. 

This also marks the 11th 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 Plan) 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.

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