Two stocks to play the record inflows into equity mutual funds

With the ebbing of the virus risk and equity markets scaling new highs, investors poured in Rs 20,742 crore in equity schemes in July — more than a four-fold rise over June

Neha Dave
August 12, 2021 / 12:29 PM IST

The mutual fund industry has started FY22 on a positive note. Net inflows into equity schemes have been positive in the past five months and it surged to a record high in July. With the ebbing of the virus risk and equity markets scaling new highs, investors poured in Rs 20,742 crore in equity schemes in July — more than a four-fold rise over June. Redemptions have abated in recent months and a slew of new fund offers (NFOs) from ...