AMFI: Equity inflows rise nearly 7% in Jul 2019
Aug 09 2019
News Category: AMC Specific Updates
As per data reported by Association of Mutual Fund in India (AMFI) for Jul 2019, net inflow in equity-oriented schemes (both open-ended and close-ended) rose 6.68% to Rs. 8,091.83 crore. That compares with Rs. 7,585.24 crore in Jun 2019. This was majorly driven by strong inflows in multi cap, large cap and small cap funds, as investors sentiment stood positive and they continued investing in equity schemes despite market volatility.