February 2023 mutual funds data: Net equity inflows at Rs 9,575 crore, total AUM drops 0.4% to Rs 39.46 lakh crore
Compared to net inflows of Rs 4,491.97 crore in January, the hybrid category had net inflows of Rs 460.32 crore in February. Conservative Hybrid Funds experienced an outflow of Rs 92.33 crore while Equity Savings Funds suffered an outflow of Rs 205.68 crore.
Open ended funds are mutual fund schemes that are open for buying and selling at any time. Source: Pixabay