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Equity MFs log Rs 10,147 cr outflow in Dec, industry asset base surpasses Rs 31 lakh cr-mark


(File photo)
NEW DELHI: Equity mutual funds witnessed a massive outflow of Rs 10,147 crore in December, making it the sixth consecutive monthly withdrawal, even as the industry s asset base surged to an all-time high of over Rs 31 lakh crore.
However, investors put in Rs 13,863 crore in debt mutual funds last month as compared to Rs 44,984 crore in November, data from the Association of Mutual Funds in India (Amfi) showed on Friday.
Overall, the mutual fund industry witnessed a net inflow of Rs 2,968 crore across all the segments during the period under review, much lower than Rs 27,194 crore inflow seen in November. ....

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