Inflows into equity MFs surge to one-year high of Rs 11,485 cr in March

Inflows into fairness mutual funds surged to Rs 11,485 crore in March, the greatest stage in a year, even as the broader market witnessed significant volatility amid concerns around the effect of coronavirus.

In general, the mutual fund field witnessed a web outflow of Rs two.13 trillion across all segments, primarily owing to withdrawal from liquid or money market category, info by the Association of Mutual Money in India showed on Thursday. In comparison, an outflow of just Rs 1,985 crore was viewed in February.

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