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Mutual funds witness redemptions of over Rs 50,000 crore in March

Updated : April 11, 2018 05:11 PM IST

Net inflows into equity MFs slumped to 20-month low of Rs 2,954 crore last month.
Arun Jaitley, in his budget speech, had announced a long-term capital gains tax of 10 percent on equity gains.
The latest outflow was mainly driven by contribution from liquid or money market segment.
Mutual funds witness redemptions of over Rs 50,000 crore in March

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