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Equity MFs inflow hit 5-month low of Rs 5,256 cr in May

The assets under management of the 44-players mutual fund industry stood at Rs 24.55 lakh crore in May-end from Rs 23.93 lakh crore in April-end. Illustration: Dominic Xavier/Rediff.com Inflows into equity mutual funds dropped to five months low of Rs 5,256 crore in May amid uncertain economic environment due to coronavirus pandemic. Overall, the mutual fund industry witnessed a net inflow of Rs 70,813 crore across all segments, last month data by Association of Mutual Funds in India showed on ...
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