Equity MFs’ net inflows at over Rs 10k cr in May: AMFI

Mumbai: A view of the BSE building in Mumbai, on May 20, 2019. Indian equity indices traded on a firm note on Monday after most exit polls showed a BJP-led NDA getting a comfortable majority in the now concluded general elections. The Sensex advanced over 1,079 points during the afternoon trade hitting an intra-day high of 39,010. The BSE Sensex was trading at 39,008.21 points up 1077.44 points or 2.44 per cent higher. (Photo: IANS)

Mumbai, June 9 (IANS) Equity-linked mutual fund schemes saw a net inflows of over Rs 10,000 crore in May.

As per the data furnished by the Association of Mutual Funds in India (AMFI) on Wednesday, the net inflows stood at Rs 10,082.98 crore.

In April, the equity-linked mutual fund schemes’ net inflows stood at Rs 3,437.37 crore.

Similarly in March, the inflows stood at Rs 9,115.12 crore

Whereas, in February, the equity-linked mutual fund schemes’ net outflow stood at Rs 4,534.36 crore.

Besides, the data showed that Mutual Fund Industry’s AUMs rose to a record high of Rs 33.05 lakh crore.

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