Inflow in equity MF plunges 27 pc to Rs 81,600 cr in FY20
Investors pumped Rs 81,600 crore in equity-oriented mutual fund (MF) schemes in 2019-20, registering a decline of 27 per cent from Rs 1.12 lakh crore inflows in the preceding fiscal.
However, this was the sixth successive year of net inflows in equity mutual funds, according to data by the Association of Mutual Funds in India (AMFI).
The flows into equity funds in the last fiscal were lower than the flows in 2018-19 primarily due to the equity markets displaying volatility which made some investors take a break from making fresh equity investments.
According to the data, net inflows into equity funds, which also include equity-linked saving schemes (ELSS), were Rs 81,600 crore in the last fiscal as against Rs 1,11,858 crore in 2018-19.
Net inflows in these funds were Rs 1,71,069 crore in 2017-18, Rs 70,367 crore in 2016-17, Rs 74,024 crore in 2015-16 and Rs 71,029 crore in 2014-15.
However, they had witnessed a net outflow of Rs 9,269 crore in 2013-14.
Of the total inflow in the ...