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Monday 15 February 2021
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Equity Mutual Funds’ Inflows Treble

 

Equity mutual funds registered an inflow of over Rs.80,000 crore in April-September 2017, a three-fold growth from the year-ago period, mainly due to the shift of household savings from real estate and gold to such financial products. The strong inflows have pushed the asset base of equity mutual funds by over 21% to Rs.6.59 lakh crore at the end of September from Rs.5.43 lakh crore in March-end.

Equity funds, which also include equity-linked saving schemes, saw net inflows of Rs.80,357 crore in the first six months of the ongoing fiscal, much higher than Rs.22,233 crore infused in April-September 2016-17.

 

 




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