AMFI reports 64% dip in equity oriented schemes for Apr 2019
May 10 2019
News Category: Industry Update
According to the monthly data released by Association of Mutual Funds in India, mutual fund net inflow in equity oriented schemes for Apr 2019 stood at Rs. 4,229.48 crore, which is a sequential drop of 64.02% compared with Rs. 11,756 crore in Mar 2019. Investors’ risk appetite took a hit amid uncertainties pertaining to the general election, rating downgrade of debt papers and surging crude oil prices.