Net inflows into equity mutual fund schemes fell to a 24-month low of ₹6,158 crore in January, down 6.7% from ₹6,606 crore in previous month, Association of Mutual Funds of India (Amfi) data released on Friday showed. This compares to an inflow of ₹15,390 crore into equity mutual fund schemes in the year-ago period. Redemption pressures in mutual fund equity schemes continued to increase. Ltd said the slowdown in equity mutual fund schemes was not much of a concern as this was expected due to the overhang. “There has been a slowdown in equity mutual fund schemes possibly due to bunch of factors.

Source: Mint February 08, 2019 12:22 UTC