Mutual Funds log Rs 51,000 crore inflow in October

Investors have pumped over Rs 51,000 crore into various mutual fund schemes in October after pulling out more than Rs 16,000 crore in the preceding month, latest data with industry body AMFI showed.

With the latest inflow, total infusion in MF schemes reached to over Rs 2.5 lakh crore in the first seven months (April—October) of the current fiscal, Association of Mutual Funds in India (AMFI) noted.

According to the data, investors have poured in a net of Rs 51,148 crore in MF schemes last month as compared to a pull out of Rs 16,604 crore in September.

The latest inflow has been mainly driven by contributions from equity, equity linked saving schemes and income funds.Equity and equity linked schemes attracted Rs 16,000 crore and income funds received Rs 40,845 crore. Besides, close to Rs 6,000 crore was invested in balanced funds.

Inflows in equity mutual funds surge to Rs 2.86 lakh crore after note ban

Equity mutual funds registered a staggering inflow of Rs 2.86 lakh crore in the past 11 months bolstered by the ban on high value currency notes, latest industry data showed.

According to the Association of Mutual Funds in India (AMFI) data, equity funds received an inflow of Rs 2.86 lakh crore from November 2016 to October 2017. Prior to that, such funds had registered flows of Rs 1.5 lakh crore between October 2016 and December 2015.

Source: PTI, AMFI

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