MFs pump in Rs 5200 cr in equity schemes in Feb
12/03/2015 15:13
Mutual funds injected in Rs 5,200 crore in equity schemes in February, taking the total inflow to over Rs 61,000 crore in first 11 months of FY 15, on the back of positive returns, said the media report. It was the 12th consecutive month when equity mutual funds witnessed an inflow. Moreover, mutual fund houses are expected to be upbeat about inflow into equity schemes for the remaining part of the current fiscal, ending March 31. According to the latest update available with Association of Mutual Funds in India (AMFI), equity funds saw net inflow of Rs 5,217 crore in February as compared to Rs 5,850 crore witnessed in the preceding month. The latest inflow takes the total fund infusion in equity MF schemes to Rs 61,089 crore at the end of February. However, equity funds witnessed an outflow of Rs 5,526 crore during April-February in the year-ago period. Industry experts said equity markets have delivered positive returns that attracted retail investors into such schemes.
12/03/2015 15:13
Mutual funds injected in Rs 5,200 crore in equity schemes in February, taking the total inflow to over Rs 61,000 crore in first 11 months of FY 15, on the back of positive returns, said the media report. It was the 12th consecutive month when equity mutual funds witnessed an inflow. Moreover, mutual fund houses are expected to be upbeat about inflow into equity schemes for the remaining part of the current fiscal, ending March 31. According to the latest update available with Association of Mutual Funds in India (AMFI), equity funds saw net inflow of Rs 5,217 crore in February as compared to Rs 5,850 crore witnessed in the preceding month. The latest inflow takes the total fund infusion in equity MF schemes to Rs 61,089 crore at the end of February. However, equity funds witnessed an outflow of Rs 5,526 crore during April-February in the year-ago period. Industry experts said equity markets have delivered positive returns that attracted retail investors into such schemes.
