Equity flows into mutual funds drops sharply, liquid schemes rebound

Flows into equity mutual fund (MF) schemes declined 33 per cent and those into liquid- and money-market schemes rebounded 2.5 times in November, according to data released by an industry association Association of Mutual Funds in India (Amfi).

Industry players attributed the reduction in equity flows to spike in market volatility. They said investor sentiment towards debt schemes was improving because the impact of the IL&FS crisis was fading and bond prices were rallying amid sharp drop in global crude prices.

Equity schemes reported inflows of Rs 84 billion in November as against Rs 126 billion in the previous month. The drop