AMFI: Equity MFs see inflow worth Rs. 9,429 crore in Apr 2017
May 12 2017
News Category: Industry Update
According to data from the Association of Mutual Funds in India, equity mutual funds saw an inflow of Rs. 9,429 crore in Apr 2017, compared with Rs. 8,216 crore in the previous month. The strong inflow could be attributed to the participation from retail investors and measures observed by fund houses for creating awareness about mutual funds.