Net MF inflows hit 24-month low in January

  • Net inflows into mutual fund equity schemes hit a 24-month low, with only 6,158 crore accruing in January. Volatility in stock markets and political uncertainty seem to have hit sentiment. January’s net mutual fund inflows are down 6.7% from 6,606 crore in December 2018, according to the Association of Mutual Funds of India (Amfi) for January 2019. Compared with the 15,390 crore net inflows a year ago, the fall is a steep 60%.