Flows to Indian equity mutual fund drop to one-year low in April: AMFI

Equity mutual fund inflows in India dropped for the fourth straight month in April, slipping by 3.24% to Rs 242.69 billion, hitting a one-year low due to market jitters over potential US tariffs, AMFI data showed. However, inflows continued for the 50th month in a row. Inflows into large-cap funds rose 7.75% to 26.71 billion rupees in April, while midcap and smallcap inflows fell 3% and 2.2% to 33.14 billion rupees and 40 billion rupees, respectively, the AMFI data showed.

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