An official shows new currency notes of Rs 500 at State Bank of India head office in New Delhi. (Source: PTI)
Equity mutual funds witnessed their first net inflow in nine months in March even as benchmark indices remain flat after scaling record peaks in February.
Investors pumped in a net Rs 9,115.1 crore into equity and equity-linked schemes in March compared with an outflow of Rs 4,534.3 crore in February, according to data released by the Association of Mutual Funds in India. This was the first inflow after eight straight months of outflows from such schemes.
