 "Equity mutual fund flows turn positive after a gap of nine months")
Equity mutual funds (MFs) reported net inflows in March after a gap of nine months. Though official data will be released in a week, there are signs that the Rs 31-trillion asset management industry has turned a corner in terms of investor flows into equity-oriented schemes.
Since July, equity-oriented schemes have seen net redemptions of about Rs 47,000 crore.
Several equity sub-categories have seen an increase in assets under management (AUM) on a month-on-month basis, according to data from Association of Mutual Funds in India (Amfi). And this growth has come despite the markets ending flat last month. Additionally, MFs turned net
