Equity mutual funds may log inflows for a second consecutive month

Key categories see a jump in assets; fund managers step up buying in April

Equity mutual funds (MFs) are likely to register net inflows for the second consecutive month, in April. But persistent volatility might have put a cap on fresh investments.
 
While the official data release is a week away, there are tell-tale signs of another positive month for the Rs 32-trillion mutual fund industry.
 
Key equity scheme categories have seen an uptick in assets under management (AUM) in April. Also, industry players say redemption pressure has eased as some investors used the weakness in the market as buying opportunity. This reflects in MF equity purchases last month.
 
“In April,