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Equity MFs' net outflows now revised at over Rs 4k cr in Feb: AMFI (Ld) ​ By IANS | Published on ​ Tue, Mar 9 2021 20:57 IST | ​ 0 Views   SEBI may issue norms for minimum holding in liquid assets for MFs. Image Source: IANS News New Delhi, March 9 : Equity and equity-linked mutual fund schemes saw a net outflow of over Rs 4,500 crore in February. As per the revised set of data furnished by the Association of Mutual Funds in India (AMFI) on Tuesday evening, the net outflow stood at Rs 4,534.36 crore. The association revised the monthly figures for 'Flexi Cap Fund'. In January, net...

The fund has struggled a bit in recent years as its value tilt held it back in a divergent market riding on momentum. It has fared better in current uptick but needs to show consistent, sustained outperformance to be considered among the top picks.

SIP accounts grew to 3.56 crore in January compared to 3.47 crore in December.

After the introduction of the new flexi cap funds category, asset managers are rushing to launch new offers to fill product gaps created from the ensuing repositioning.