In a 9-month first, equity MF flows turn positive in March - The Hindu BusinessLine

April 08, 2021
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Get ₹9,115 cr as SIPs return; despite Covid, AUM of MFs up 32% in FY21, show AMFI data
Despite uncertainties due to the continuing Covid-19, inflows into equity mutual funds turned positive for the first time in the last nine months.
According to data released by the Association of Mutual Funds in India (AMFI), there was a net inflow of ₹9,115 crore into equity mutual funds in March compared to an outflow of ₹4,497 crore logged in the previous month on the back of a sharp jump in monthly systematic investment contribution.
All equity schemes recorded net inflows except for multi-cap funds, which saw an outflow of ₹192 crore. Sectoral and tax- saving schemes registered the highest inflows of ₹2,009 crore and ₹1,552 crore while mid-cap and flexi-cap mopped up ₹1,503 crore and ₹1,386 crore, respectively.

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