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March 08, 2019 06:11 PM | Personal Finance

Inflows in equity mutual funds at 25-month low in February

The monthly data for the mutual fund industry shows that net inflows of investments into mutual fund equity schemes have hit a 25 month low, the inflows have dropped to Rs 5,000 crore in February.

For January, inflow to equity mutual funds plunged by 60 percent to Rs 6,158 crore in January against Rs 15,390 crore seen in such schemes in the same month last year.

The drop in inflow has pulled down the asset base of equity mutual funds to Rs 7.73 lakh crore at the end of January this year from Rs 7.87 lakh crore in the year earlier.

As per Amfi data, equity and equity-linked saving schemes saw an infusion of Rs 6,158 crore in January 2019, compared with a staggering inflow of Rs 15,390 crore seen in such schemes in January last year.
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