Mutual funds see over Rs 20,000 cr outflows in February
Liquid or money market contributed to the largest chuck of the outflow. It saw an outflow of Rs 24,509 crore in comparison to the inflow of Rs 58,637 crore in January.
While income funds too reflected the stress on the retail investors as it witnessed an outflow of Rs 4,214 crore against the inflow of Rs 2,080 crore, the balanced funds saw an outflow of Rs 1,077 crore. Representational Image, source: Reuters