Equity fund outflows continue for 8th month in Feb, rises to ₹10,468 cr
Equity funds outflow slows to ₹4,534 cr in Feb March 09, 2021 Profit-booking with market on a high; industry AUM still up at ₹31.64-lakh cr from ₹30.5-lakh cr logged in January Equity mutual funds continued to bleed for the eighth month in a row, but the February net outflows of ₹4,534 crore were much lower than the ₹9,253-crore logged in January. With the stock markets hitting a new high, almost all categories of equity funds logged outflows as investors booked profits. Flexi-cap fund bleeds most The newly formed flexi-cap fund category recorded the highest exits of ₹4,497 cr...
Source: thehindubusinessline.com