Equity scheme inflows decline 68% m-o-m in April
Financial Express Mumbai|May 12, 2023
AT A FIVE-MONTH LOW
ASHLEY COUTINHO
Equity scheme inflows decline 68% m-o-m in April

EQUITY MUTUAL FUND schemes saw inflows of ₹6,480 crore in April, down by a third from the previous month and 47% lower than the average of the previous 12 months, according to data from the Association of Mutual Funds in India (Amfi). The inflows are also the lowest since November last year.

However, this was the 26th consecutive month of inflows in the equity mutual funds.

Large-cap funds were hit the most, witnessing a drop to ₹53 crore in April from ₹911 crore the previous month. Net inflows into small and mid-cap funds remained relatively stable at ₹2,182 crore and ₹1,782 crore, respectively compared to ₹2,430 crore and ₹2,128 crore a month ago.

"Given the sharp uptick in the markets seen recently, investors may have chosen to be on the sidelines and wait for a more opportune time to invest in equities," said Himanshu Srivastava, associate director - manager research, Morningstar India.

هذه القصة مأخوذة من طبعة May 12, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 12, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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