Investors have pumped in nearly Rs 1.51 lakh crore into various mutual fund schemes in April, with liquid, income and equity funds attracting most of the inflows.
This comes following an outflow of close to Rs 55,000 crore in the preceding month.
"Indian investors have now eventually assimilated mutual funds and the credit goes to awareness programs and endeavours by regulators and AMCs in mutual fund industry," Bajaj Capital CEO Rahul Parikh said.