December 6, 2015

Mutual funds see Rs 6,300 cr inflow in November

Mutual funds pumped in over Rs 6,300 crore in equity schemes in November, taking the total inflow to nearly Rs 87,000 crore this year.

In comparison, equity MFs had witnessed an infusion of Rs 49,000 crore in the entire 2014. They had seen an outflow of Rs 8,700 crore in the preceding year.

According to the latest update available with Association of Mutual Funds in India (AMFI), fund managers poured in a net sum of Rs 6,379 crore in equity schemes in November.

It is a strong sign that equitisation of savings is getting entrenched despite volatile equity market in past few months, say marketmen.


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