Net inflow into equity MFs in Sep at a four-month low - News Summed Up

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Net inflow into equity MFs in Sep at a four-month low


Despite a bumper stock market rally, net inflows into domestic equity mutual funds (MFs) were at a four-month low in September. In September last year, equity mutual fund schemes saw an inflow of ₹11,172 crore. “Going forward, if the equity markets start showing growth, we should see positive upward trend in mutual funds too. Meanwhile, open-ended debt funds saw a net outflow of ₹1.58 trillion driven predominantly by outflows from liquid funds. Hybrid funds, excluding arbitrage funds, saw net outflows of ₹2,730 crore, continuing a trend of poor flows into these categories since April.


Source: Mint October 09, 2019 18:00 UTC



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