Inflows into equity mutual funds hit a 13 month low in March as net investments into these funds declined 59 percent over the previous month to Rs 66.6 Billion, according to Association of Mutual Funds in India data.
That’s despite a record inflow of Rs 37 Billion into equity-linked savings schemes in the last month of the financial year to help save on income tax.
Here’s what India’s top three fund houses bought and sold in March:
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