Inflow in fairness mutual funds drop to Rs 3,437 crore in April

Equity mutual funds witnessed a web influx of Rs 3,437 crore in April, making it the second consecutive month-to-month infusion.
However, this was a lot decrease than an influx of Rs 9,115 crore seen in March, knowledge from the Association of Mutual Funds in India confirmed on Tuesday.
Prior to this, fairness schemes had persistently witnessed outflow for eight straight months from July 2020 to February 2021.

Apart from equities, traders infused over Rs 1 lakh crore in debt mutual funds final month after withdrawing Rs 52,528 crore in March.
Overall, the mutual fund trade witnessed an influx of Rs 92,906 crore throughout all segments throughout the interval beneath overview, in comparison with an outflow of Rs 29,745 crore in March.
As per the info, influx from fairness and equity-linked open ended schemes was at Rs 3,437.37 crore in April.
Barring multi cap, dividend yield, worth fund and thematic fund classes, all of the fairness schemes have seen influx final month.
Overall, fairness schemes had witnessed an outflow of Rs 9,253 crore in January, Rs 10,147 crore in December, Rs 12,917 crore in November, Rs 2,725 crore in October, Rs 734 crore in September, Rs 4,000 crore in August and Rs 2,480 crore in July, which was their first withdrawal in over 4 years.
Prior to this, such schemes had attracted Rs 240.55 crore in June.

Further, gold alternate traded funds (ETFs) witnessed web influx of Rs 680 crore final month, in comparison with Rs 662 crore in March.
The asset beneath administration (AUM) of the mutual fund trade rose to Rs 32.38 lakh crore in April-end from Rs 31.43 lakh crore in March-end.