Equity mutual funds see ₹10,000 cr inflows in May
PTI
New Delhi |
Updated on
June 09, 2021
On the other hand, investors pulled out ₹44,512 crore from debt mutual funds last month Equity mutual funds witnessed a net inflow of over ₹10,000 crore in May, making it the third consecutive monthly infusion. This was way higher than ₹3,437 crore net inflow seen in April and ₹9,115 crore in March, data from the Association of Mutual Funds in India showed on Wednesday. Prior to this, equity schemes had consistently witnessed outflow for eight straight months from July 2020 to February 2021. On the other hand, investors pulled out ₹44,512 crore from debt mutual funds last month after infusing over ₹1 lakh crore in April.
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