Investors pumped in a staggering over Rs1 lakh crore into various mutual fund schemes in July, with liquid and income segments contributing most to the inflow. This follows an outflow of Rs21,535 crore in June.
According to data from the Association of Mutual Funds in India (Amfi), investors poured in a net of Rs1,02,720 crore in MF schemes last month. With this, total net inflow in MF (mutual fund) schemes has crossed over Rs1.93 lakh crore in April-July of 2016-17.
In comparison, fund houses had witnessed an inflow of Rs2.05 lakh crore in the year-ago period.