Equity mutual fund inflows jump 55% in March; AUM falls on market correction
Mutual fund flows in March showed a sharp rise in equity inflows even as overall assets under management (AUM) declined month-on-month, according to data from the Association of Mutual Funds in India (AMFI). Net equity inflows stood at ₹40,366 crore in March, up 55.5% from ₹25,965 crore in February. According to Himanshu Srivastava, Principal Research…
