Equity Mutual Funds see net inflow of Rs 18,529.43 cr in May, Rs 32,722.25 cr net outflow in debt schemes; Overnight Funds emerge winner
Growth or equity oriented schemes witnessed a net inflow of Rs 18,529.43 cr in May, with Flexi Cap funds emerging as the winner among its other peers in this segment. This segment contributed Rs 2,938.93 cr during the month
Income or debt oriented schemes saw net outflow of Rs 32,722.25 cr in May. Money Market Fund was the worst performer with net outflows standing at Rs 14,598.65 cr. Source: Reuters