Equity MF flows dip to 5-month low of Rs 6.5K cr in April as indices gain

SIP flows, investments into debt funds remain buoyant

Gross inflows into active equity mutual fund (MF) schemes dipped 34 per cent month-on-month (MoM) -- to Rs 25,400 crore -- in April as investors applied brakes on lump sum investments amid a sharp upwards movement in the market. Gross inflows for March stood at Rs 38,641 crore.

The sharp decline pulled the net inflows to a five-month low of Rs 6,480 crore, shows data released by the Association of Mutual Funds in India (Amfi). In March, the net inflows had scaled to a 12-month high of Rs 20,500 crore.

"Given the sharp uptick in the markets seen recently, investors