MF inflow drops to 11-month low

Inflow in equity mutual funds (MFs) declined to an 11-month low at Rs 25,082 crore in March primarily due to sharp redemption in sectoral and thematic funds amid continued market volatility spurred by tariff concerns.

This was the third consecutive month of a decline in inflow in equity funds and also marks 14 per cent drop in inflow from February. The latest fund infusion by investors was the 49th consecutive month of net inflows into the segment. Moreover, inflows into SIPs came at Rs 25,925 crore, a four-month low.

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