Net investments in active equity mutual fund (MF) schemes rose to Rs 7,300 crore in December after declining to a 21-month low of Rs 2,260 crore in November, shows the latest data from the Association of Mutual Funds in India (Amfi).
The rebound in net inflows was driven by a surge in investments and moderation in redemptions. While the inflows into these schemes rose 5 per cent month-on-month (MoM) in December, the redemptions were 14 per cent lower compared to November.
The highest net inflows among active equity schemes were in mid-cap and small-cap funds. "This (the jump in net inflows) was led by increased flows in mid-cap and small-cap categories which, after the recent fall, have started to look