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Investors pump Rs 24,479 crore in equity mutual funds in April-May

The strong inflow pushed the asset base of equity mutual funds (MFs) by more than 6 per cent to Rs 8tn by May-end from Rs 7.5tn at end-March.

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Last Updated : Jun 10 2018 | 11:47 AM IST

Investors pumped in a staggering Rs 24,479 crore in equity mutual funds in April-May 2018 due to increased cognisance about market volatility and a spirited awareness campaign by the industry.

The inflows follow an investment of over Rs 1.71 lakh crore in such funds in 2017-18, according to the data from the Association of Mutual Funds in India (Amfi).

The strong inflow pushed the asset base of equity mutual funds (MFs) by more than 6 per cent to Rs 8 trillion by May-end from Rs 7.5 trillion at end-March.

Equity and equity-linked saving schemes saw an inflow of Rs 12,409 crore in April

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