Equity MF inflows fall 14% in March despite market rebound; sectoral funds see steep drop
The Association of Mutual Funds in India (AMFI) announced that net equity mutual fund inflows declined by 14% to Rs 25,017 crore in March compared to Rs 29,242 crore in February. This reduction occurred despite a favourable market environment, with BSE Sensex and NSE Nifty 50 indices recovering by 5.77% and 6.30%, respectively. Additionally, systematic … Read more