Equity Mutual Fund Inflows Hit Nearly 2-Year High In May

New Delhi: Equity mutual funds saw an inflow of Rs 10,790 crore in May - the highest in nearly two years, underpinned by investor optimism and steps taken by fund houses to create awareness about them. This also marks the 14th straight month of inflows into equity schemes. Prior to that, such funds had witnessed a pullout of Rs 1,370 crore in March 2016. Strong inflows have pushed the asset base of equity mutual funds (MFs) by 2.6 pe...