News From Press Equity mutual fund inflows hit 4 month high of Rs 9,429 crore in April

Equity mutual fund inflows hit 4 month high of Rs 9,429 crore in April

Source: Economic Times/PTI May 12, 2017

Equity mutual funds witnessed an inflow of Rs 9,429 crore in April, the highest in four months, due to participation from retail investors and steps taken by fund houses to create awareness about MFs.

This also marks the 13th straight month of inflows into equity schemes. Prior to that, such funds had witnessed a pullout of Rs 1,370 crore in March 2016.

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