Equity Mutual Funds See Biggest Outflow In Three Months

March 9, 2021 0 By boss

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Equity mutual funds witnessed the biggest outflow in three months even as benchmark indices scaled new records after the Union Budget.Investors pulled out a net Rs 10,468 crore from equity and equity-linked mutual fund schemes in February compared with an outflow of Rs 9,253.22 crore in January, according to data released by the Association of Mutual Funds in India. That’s the eighth straight month of outflows from such schemes.The f…

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