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Mutual Funds See Rs 2.86 Lakh Crore Inflow In 2016

Liquid or money market fund category witnessed Rs 1.37 lakh crore being poured in 2016
Liquid or money market fund category witnessed Rs 1.37 lakh crore being poured in 2016
New Delhi: Investors have pumped in Rs 2.86 lakh crore into various mutual fund schemes in 2016, with 'liquid' and income funds attracting the most of the inflows. In the previous year, a total of Rs 1.77 crore was invested in various mutual fund products, according to data by the Association of Mutual Funds in India (Amfi). "Investors may have seen the volatility of 2016 as a positive to average out costs. Retail investors also ap...
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