₹5,666.34 crore from April, data from the Association of Mutual Funds in India (Amfi) showed Amid falling markets and widening economic gloom, equity mutual fund inflows slowed in May, even as the panic exodus from credit risk funds cooled.Net inflows into equity schemes fell 11.6% in May to ₹5,666.34 crore from April, data from the Association of Mutual Funds in India (Amfi) showed.
This compares with an inflow of ₹5,847.07 crore in May last year. In May, stock markets had fallen 3.84% after rallying 14.42% in April.N.S.
Venkatesh, chief executive, Amfi, said inflows into equity schemes fell probably due to the economic slowdown and market volatility.