Strong SIP book and lower returns from traditional investments made equity mutual funds an attractive investment destination for investors with equity-oriented funds receiving a staggering net inflow of Rs 1.64 lakh crore in 2021-22.
This comes following a net outflow of Rs 25,966 crore during 2020-21, data with Association of Mutual Funds in India (AMFI) showed.
Going ahead, we expect the growing inflow trends in equity mutual funds to sustain given the current economic condition and markets, Manish Kothari, CEO and Co-Founder, ZFunds, said. According to the data, equity mutual funds witnessed a net inflow of Rs 1,64,399 crore in the entire 2021-22. This included an all-time high inflow of Rs 28,464 crore last month.