Equity MF inflow hits a new low
There are no safe bets in a volatile market not even mutual funds as retail investors are shying away from the equity markets and the latest data clearly suggests that equity mutual fund inflows have hit a 6-month low last month. In April 2008 equity mutual fund inflows stood at Rs 530 crore as compared to the figure of Rs 6756 crore in the month of March, a decline of over 92 per cent.
