Equity mutual funds (MFs) saw net inflows of Rs 1.64 trillion in 2021-22 (FY22) compared to net outflows of Rs 25,967 crore seen in the preceding financial year. Increase in net equity inflows were helped by surging equity markets coupled with investors' steady participation through systematic investment plans (SIPs) and success of new fund offers (NFOs).
In March, equity funds saw record net inflows of Rs 28,463 crore. In FY22, there were a total three months when equity funds logged monthly inflows in excess of Rs 20,000 crore. In July and December, equity funds had seen net inflows of Rs