"equity-mutual-funds"

Equity-oriented mutual funds recorded a 17.38 per cent rise in average AUM in March, led by strong inflows into flexi cap, mid cap and thematic funds. Investors showed a clear preference for flexible strategies amid evolving market conditions

The assets under management (AUM) of equity mutual funds stood at Rs 24,85,844 crore

Equity schemes had consistently witnessed outflow for eight straight months from July 2020 to February 2021.

Overall, the mutual fund industry witnessed a net inflow of Rs 2,968 crore across all the segments during the period under review, much lower than Rs 27,194 crore inflow seen in November

In comparison, such schemes had witnessed a hefty inflow of Rs 23,874 crore in the same quarter last fiscal