Equity MFs report more inflows in past 2-3 months: AMFI

India Infoline News Service | Mumbai |

Net inflows into equity funds stood at Rs. 927 crore in November 2013 and rose to Rs. 1,059 crore in December 2013.

Association of Mutual Funds in India (AMFI) deputy chief executive V Ramesh said that India's mutual fund industry has began witnessing more inflows in equity funds in the past 2-3 months.

Ramesh speaking at ICC Mutual Fund Summit in Kolkata on February 1.
Net inflows into equity funds stood at Rs. 927 crore in November 2013 and rose to Rs. 1,059 crore in December 2013.

During the last two years, debt funds had reported a greater inflow from retail investors and in the last two to three months equity products also attracted a lot of inflows, Ramesh added.
 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.