NEW DELHI: Investors have pumped in over Rs 2 lakh crore into various mutual fund schemes in the first four months of the current financial year, 2015-16, with equity and money markets contributing the most.
This is much higher in comparison to a net inflow of Rs 1.13 lakh crore witnessed during April-July period of 2014-15.
“It has been across asset classes, but investors’ participation in equity oriented funds is a positive thing for the industry. Despite the recent volatility in the markets, fund managers are bullish on the equity schemes,” Quantum AMC Associate Fund Manager (Equity) Nilesh Shetty said.
Liquid or money market category witnessed an inflow of about Rs 1.28 lakh crore, while equity schemes saw an infusion of Rs 39,066 crore.