As per AMFI data, redemption in equity mutual fund schemes touched a record high at Rs2.29 trillion in the fiscal 2017-18. According to data provided by Association of Mutual Funds in India (AMFI), net inflow into equity mutual fund schemes was at Rs1.69 trillion in FY18. However, flows into equity mutual fund schemes fell 59% to Rs6,657 crore in March from Rs16,268 crore in February. As per AMFI data, redemption in equity mutual fund schemes also touched a record high at Rs2.29 trillion in the fiscal 2017-18. According to the industry association of asset management companies (AMCs) of all mutual funds in India, mutual funds industry added 32 lakh new investors over the last one year.

Source: Mint April 09, 2018 18:56 UTC