MFs see `23k cr Feb inflows; April-Feb total at `2.07 tn
Investors pumped in over Rs 23,000 crore into various mutual fund schemes in February, with liquid or money market segment contributing the most to the inflow. With this, the total net inflow in mutual fund (MF)schemes has reached Rs 2.07 lakh crore in the April-February period of the current fiscal. In comparison, MFs had witnessed an inflow of Rs 2.13 lakh crore in the year-ago period.
According to the data from the Association of Mutual Funds in India (Amfi), investors have poured in a net of Rs 23,028 crore in MF schemes last month as compared to Rs 22,569 crore in the preceding month. Prior to that, mutual fund schemes had witnessed an outflow of Rs 22,567 crore. The latest inflow has been mainly driven by contribution from income funds or debt schemes. Besides, equity schemes continued to witness positive inflow. Liquid or money market segment witnessed Rs 20,039 crore being poured in last month, while equity and equity linked schemes saw net inflows of Rs 2,522 crore. In addition, balanced fund saw net inflow of Rs 941 crore.