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Investors pumped in over Rs 1.4 lakh crore into various mutual fund schemes in November, with liquid schemes accounting for most of the inflows.
With the latest inflow, the total infusion in mutual fund (MF) schemes reached about Rs 2.23 crore in the first eight months (April-November) of the current fiscal, latest data with the Association of Mutual Funds in India (Amfi) showed.
“We appreciate the maturity shown by retail investors in staying invested in the markets, in spite of the volatility over the last few months,” Amfi Chief Executive N S Venkatesh said. “Overall, both inflows and AUM have shown an upward trend. The industry added over 1.5 lakh unique investors last month,” he added.
According to the data, investors poured in a net Rs 1,42,359 crore in MF schemes last month, compared to an investment of Rs 35,529 crore in October. However, they had pulled out Rs 2.3 lakh crore in September, which market participants attributed to nervousness among corporate investors following the IL&FS default.
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