The net investments into equity mutual fund (MF) schemes rose to a nine-month high of Rs 15,700 crore in February. Inflows were underpinned by robust collections by new fund offerings (NFO) and higher inflows across sub-categories, shows the latest data from the Association of Mutual Funds in India (Amfi).
The investments were s in line with the recent trend of retail investors stepping up their buying during phases of market corrections.
"Despite the fall in the markets, investors seem to be making conscious decisions, with their overall preference towards investing in dips becoming evident. Domestic investors continue to place confidence in the market, as broader economic indicators remain favourable towards the India growth story. This is despite the FII (foreign