Inflow in Equity Mutual Funds Drop 68% in April to Rs 6,480 Crore
This is because investors took a "wait and watch" approach in allocating additional investments to the investment class
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This is because investors took a "wait and watch" approach in allocating additional investments to the investment class
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The March investment was mainly driven by bulk investment in the Adani Group companies by the US-based GQG Partners.
FPIs started the current financial year on a positive note and invested Rs 8,643 crore in Indian equities from April 3, data with the depositories showed.
The asset base of gold ETFs and investors' account or folio numbers however increased in the last fiscal, data from the Association of Mutual Funds in India (Amfi) showed.