Equity mutual funds have seen an inflow of over Rs 28,000 crore in April-June 2017, a surge of nearly three-times from the year-ago level, underpinned by investors' optimism.
"Inflows in equity mutual fund schemes have been robust of late as investors chase higher returns in the wake of lower yields from fixed income instruments and poor performance by realty and commodities (gold)," Bajaj Capital CEO Rahul Parikh said.
"Besides, the higher inflows can be attributed to ..