MF equity flows climb to 11-month high, garner over Rs 10,000 crore

Advisors say client queries have spiked after Monday's 2,000-point crash; small investors hike SIP allocations amid the volatility

The mutual fund (MF) industry has seen a sharp uptick in equity flows in February, with equity schemes garnering over Rs 10,000 crore, climbing the highest level in 11 months, according to industry sources. However, the flows may stem and redemptions pressure increase following the market meltdown of Monday amid mounting cases of coronavirus infection globally. 

February’s flow is estimated to be 37 per cent higher, at Rs 10,795 crore, than the previous month’s tally of Rs 7,877 crore.  

According to industry executives, investors are showing greater maturity and refraining from pulling out funds at the first signs of weakness in