Equity MFs under stress, report outflows for eighth month running in Feb

Topics Equity MFs | Budget 2021 | Amfi

Equity-oriented mutual fund (MF) schemes continued to face redemption pressures in February despite an unprecedented rally in stock prices sparked by the Union Budget. They witnessed net outflows of Rs 4,534 crore Outflows were, however, half of that in the previous month and also below previous eight-month average of Rs 5,849 crore Eight out of 11 sub-categories in the segment saw outflows, with the new flexi-cap category seeing the highest outflow nearly Rs 4,500 crore, according to data provided by industry body Association of Mutual Funds in India (Amfi). Overall.....

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