Mutual Fund April data: Inflows into equity MFs lowest since January 2017
The total net equity inflows including equity-linked savings schemes (ELSS) has come in better than expectations at Rs 4,230 crore. However, it is the lowest number since January 2017.
The Association of Mutual Funds in India (AMFI) released mutual fund data for the month of April. The total net equity inflows including equity-linked savings schemes (ELSS) has come in better than expectations at Rs 4,230 crore. However, it is the lowest number since January 2017.
The SIP flow number for the month of April has improved over the month of March. That number stands at Rs 8,238 crore. Balanced funds seems to be in a secular decline, minus Rs 2,100 crore. It is better than the month of March, but it is still a big negative. Equity ETFs is also a big negative. It is minus Rs 4,259 crore compared to Rs 10,540 crore.
First Published: May 9, 2019 2:48 PM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Lok Sabha elections 2024: BJP's bid for breakthrough in Kerala is an uphill battle, say experts
Apr 23, 2024 9:53 PM
2024 Lok Sabha Elections | PM's Rajasthan speech — has it anything to do with the post-poll mood of the first phase
Apr 23, 2024 3:45 PM
It's KGF 2024 and here's a look at the key characters in Karnataka
Apr 23, 2024 3:17 PM
JP Morgan: Nifty may test 25,000 if BJP wins in 2024 Lok Sabha elections
Apr 23, 2024 2:23 PM