Equity mutual funds see first outflow in over 4 years in July


New Delhi, August 10

Equity mutual funds (MFs) witnessed an outflow of Rs 2,480 crore in July, making it the primary withdrawal in additional than 4 years, totally on profit-booking by buyers.

Overall, the mutual fund business witnessed a web influx of Rs 89,813 crore throughout all segments final month, a lot greater than Rs 7,265 crore seen in June, information by Association of Mutual Funds in India (AMFI) confirmed on Monday.

This influx could possibly be attributed to infusion in liquid funds and low period funds. As per the info, outflow from fairness and equity-linked open ended schemes was at Rs 2,480.35 crore in July as in comparison with an influx of Rs 240.55 crore in June.

Such schemes had attracted Rs 5,256 crore in May, Rs 6,213 crore in April, Rs 11,723 crore in March, Rs 10,796 crore in February and Rs 7,877 crore in January.

July 2020 noticed the primary outflow since March 2016, when fairness schemes witnessed a pullout of Rs 1,370 crore. — PTI

Rs 89,813 crore web influx

  • Overall, the mutual fund business witnessed a web influx of Rs89,813 crore throughout all segments final month, a lot greater than Rs7,265 crore seen in June
  • This influx could possibly be attributed to infusion in liquid funds and low period funds
  • As per the info, outflow from fairness and equity-linked open ended schemes was at Rs2,480.35 crore in July as in comparison with an influx of Rs240.55 crore in June



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