Net equity MF inflows fall 33% to three-month low in Nov: Amfi1 min read . Updated: 07 Dec 2018, 07:28 PM IST
Volatility in the market ahead of state election results the main reason: Amfi
Mumbai: Even though markets fared well in November, inflows into equity mutual fund schemes fell during the period. According to Association of Mutual Funds of India (AMFI) data, net inflows into domestic equity mutual funds fell 33.33% to ₹ 8,414 crore in November from the previous month, the lowest since August. The Sensex rallied 5.09% during the same period, while domestic institutional investors (DIIs) bought Indian shares worth ₹ 800.3 crore in November, much lower from ₹ 26,033 crore in October.
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