MFs log Rs 1.24 trn inflows in Q1 on interest in liquid, arbitrage funds

Investors pumped in Rs 1.24 trillion into various mutual fund schemes in three months ended June 2020, with liquid and arbitrage segments contributing the most to the inflow.

This follows an outflow of over Rs 94,200 crore into mutual fund (MF) products in the preceding three months, according to data with Association of Mutual Funds on India (Amfi).

The positive inflow pushed the asset base of 45-player mutual fund industry by over 14 per cent to Rs 25.5 trillion at June-end from Rs 22.26 trillion at the end of March.

During the quarter under review, Rs 1.1 trillion came from debt funds, Rs 20,930 crore from arbitrage funds and Rs 11,730