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Mutual funds sees Rs 1.51 lakh crore inflow in April

In the entire 2016-17, investors pour over Rs 3.43 lakh crore into various mutual fund schemes

Press Trust of India  |  New Delhi 

Investors have pumped in nearly Rs 1.51 lakh crore into various mutual fund schemes in April, with liquid, income and equity funds attracting most of the inflows. This comes following an outflow of close to Rs 55,000 crore in the preceding month. "Indian investors have now eventually assimilated mutual funds and the credit goes to awareness programs and endeavours by regulators and AMCs in mutual fund industry," Bajaj Capital CEO Rahul Parikh said. "Besides, investors have preferred debt and balanced category of mutual funds because of falling interest rates of ...

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First Published: Fri, May 12 2017. 18:02 IST
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