MF equity flows below one-year average for third straight month
Saturday, June 9, 2018, 9:36 PM
Equity inflows for mutual funds stood at Rs 121 billion in May. While the inflow tally is strong, it is 20 percent below the previous 12-month average of Rs 145 billion. In fact, this is the third straight month when the inflow has been below the one-year average. The average monthly inflow for the second half of 2017 was Rs 174 billion.