Equity MFs' net inflows at over Rs 10k cr in May: AMFI
Equity-linked mutual fund schemes saw a net inflows of over Rs 10,000 crore in May.
As per the data furnished by the Association of Mutual Funds in India (AMFI) on Wednesday, the net inflows stood at Rs 10,082.98 crore.
In April, the equity-linked mutual fund schemes' net inflows stood at Rs 3,437.37 crore.
Similarly in March, the inflows stood at Rs 9,115.12 crore
Whereas, in February, the equity-linked mutual fund schemes' net outflow stood at Rs 4,534.36 crore.
Besides, the data showed that Mutual Fund Industry's AUMs rose to a record high of Rs 33.05 lakh crore.