Equity Mutual Fund Inflows Jump 25% In February To Highest In Nine Months: AMFI Data

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Key Points

Inflows into equity mutual funds rose to the highest nine months in February, aided by investments in sectoral and small-cap funds...

Net investments in equity and equity-linked schemes increased 25% from the previous month to Rs 15,685.6 crore, according to data released by the Association of Mutual Funds in India..

"People are reposing more faith in the equity market and the retail investors have chosen equity funds including small, mid and large caps as their preferred choice of investing," Venkatesh added...

Money market funds saw outflows worth Rs 542.4 crore in February, compared with inflows worth Rs 6,460 crore in January...

Net AUM fell to Rs 39.46 lakh crore in February, compared to Rs 39.62 lakh crore the previous month...

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