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.
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