Barring small cap funds, which noticed an outflow of Rs 94 crore, all classes skilled influx in fairness segments. (Representative picture)
Going by the information, fairness-oriented schemes witnessed an outflow of Rs 22,633 crore in March as in comparison with Rs 26,866 crore in February.
Equity mutual funds attracted Rs 22,633 crore in March, marking a decline of 16 per cent from the previous month.
This additionally marks the thirty seventh consecutive month of web inflows in fairness funds, knowledge with the Association of Mutual Funds in India (AMFI) confirmed on Wednesday.
Overall, the mutual fund trade has witnessed an outflow of Rs 1.6 lakh crore in March after seeing an influx of Rs 1.2 lakh crore in February.
The large outflow was because of the withdrawal of Rs 1.98 lakh crore into debt schemes.
Going by the information, fairness-oriented schemes witnessed an outflow of Rs 22,633 crore in March as in comparison with Rs 26,866 crore in February.
Barring small cap funds, which noticed an outflow of Rs 94 crore, all classes skilled influx in fairness segments.
The trade’s web property below administration barely dropped to Rs 53.4 lakh crore final month from Rs 54.54 lakh crore in February-end.
