Buoyant stock markets helped attract over Rs39,000 crore in equity mutual fund schemes in the first seven months of current fiscal (2014-15). In the April-October period of 2013-14, such schemes had seen a net outflow of over Rs 8,500 crore.
As per the latest data available with the Association of Mutual Funds in India (AMFI), investors have pumped in a net amount of Rs 39,217 crore in equity-oriented MF schemes in the April-October period of 2014-15.This trend is expected to continue in the coming months, industry experts said, adding there has been positive sentiment towards equity MFs and equity-linked savings schemes.