AMFI reports 17.47% rise in equity oriented schemes for May 2019
Jun 11 2019
News Category: Industry Update
According to the monthly data released by Association of Mutual Funds in India, mutual fund net inflow in equity oriented schemes for May 2019 stood at Rs. 4,968.43 crore, which is a sequential improvement of 17.47% compared with Rs. 4,229.48 crore in Apr 2019. The rise came in following the general election results that brought political stability and hopes of economic reforms, which improved investors’ risk sentiment.